(CARG) Cargurus Inc complete technical analysis [charts+indicators] | Buy/Sell Cargurus Inc | (CARG) share price targets
Complete technical analysis of Cargurus Inc (CARG) by charts plus indicators, forecast predictions and share price targets for Cargurus Inc (CARG)
Cargurus Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Cargurus Inc is 684610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 22.15 | 22.25 | 22.36 | 21.99 | 0.918 times |
| 07 Tue May 2024 | 22.61 | 22.68 | 23.11 | 22.57 | 1.024 times |
| 06 Mon May 2024 | 23.00 | 22.81 | 23.13 | 22.70 | 0.671 times |
| 03 Fri May 2024 | 22.75 | 23.36 | 23.43 | 22.70 | 1.033 times |
| 02 Thu May 2024 | 22.91 | 22.69 | 23.01 | 22.42 | 0.962 times |
| 01 Wed May 2024 | 22.32 | 22.60 | 22.98 | 22.32 | 0.787 times |
| 30 Tue Apr 2024 | 22.46 | 22.83 | 22.92 | 22.42 | 1.512 times |
| 29 Mon Apr 2024 | 22.85 | 23.18 | 23.39 | 22.85 | 0.911 times |
| 26 Fri Apr 2024 | 23.22 | 23.19 | 23.48 | 23.14 | 0.63 times |
| 25 Thu Apr 2024 | 22.91 | 22.89 | 23.21 | 22.67 | 1.577 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.9 as stoploss in an intra day buy trade for a target of 22.5. However, stock will show a bearish move below 21.9.
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.72 |
| Upside Target | 23.13 |
| Upside Target | 23.43 |
| Upside Target | 23.56 |
| Upside Target | 23.73 |
| Upside Target | 24.02 |
| Upside Target | 24.22 |
| Upside Target | 24.27 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 21.72 |
| Downside Intraday Target | 21.28 |
| Upside Intraday Target | 22.86 |
| Upside Intraday Target | 23.56 |
| Upside Intraday Target | 22.42 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 22.15 | 22.81 | 23.13 | 21.99 | 0.502 times |
| 03 Fri May 2024 | 22.75 | 23.18 | 23.43 | 22.32 | 1.089 times |
| 26 Fri Apr 2024 | 23.22 | 22.31 | 23.56 | 22.20 | 0.907 times |
| 19 Fri Apr 2024 | 22.20 | 22.45 | 22.57 | 21.18 | 1.09 times |
| 12 Fri Apr 2024 | 22.36 | 23.46 | 23.73 | 22.15 | 0.972 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Cargurus Inc (CARG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 22.15 | 22.60 | 23.43 | 21.99 | 0.242 times |
| 30 Tue Apr 2024 | 22.46 | 23.04 | 23.73 | 21.18 | 0.506 times |
| 28 Thu Mar 2024 | 23.08 | 22.22 | 24.22 | 22.01 | 1.296 times |
| 29 Thu Feb 2024 | 22.14 | 23.36 | 24.27 | 21.72 | 1.74 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cargurus Inc (CARG)
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term and the sell signal is strong.
Cargurus Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Cargurus Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.7 and Cargurus Inc (CARG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cargurus Inc (CARG) stock. Volume based technical analysis of Cargurus Inc (CARG) stock is negative.
Cargurus Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term and the sell signal is strong.
Cargurus Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Cargurus Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.7 and Cargurus Inc (CARG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Cargurus Inc (CARG) stock. Volume based technical analysis of Cargurus Inc (CARG) stock is negative.
Cargurus Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.