(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 2024-05-16 View latest technical analysis
10 day averaged volume of Cargurus Inc is 958562
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 23.80 | 24.73 | 24.83 | 23.78 | 1.173 times |
| 15 Wed May 2024 | 24.96 | 24.67 | 24.98 | 24.14 | 0.921 times |
| 14 Tue May 2024 | 24.49 | 24.06 | 24.66 | 23.98 | 1.243 times |
| 13 Mon May 2024 | 24.05 | 24.29 | 24.40 | 23.52 | 0.981 times |
| 10 Fri May 2024 | 24.22 | 23.42 | 24.76 | 23.37 | 2.04 times |
| 09 Thu May 2024 | 22.28 | 22.23 | 22.58 | 22.12 | 1.523 times |
| 08 Wed May 2024 | 22.15 | 22.25 | 22.36 | 21.99 | 0.656 times |
| 07 Tue May 2024 | 22.61 | 22.68 | 23.11 | 22.57 | 0.732 times |
| 06 Mon May 2024 | 23.00 | 22.81 | 23.13 | 22.70 | 0.479 times |
| 03 Fri May 2024 | 22.75 | 23.36 | 23.43 | 22.70 | 0.738 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.9 as stoploss in an intra day sell trade for a target of 23.13. However, stock will show a bullish move above 23.9.
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.72 |
| Downside Target | 23.43 |
| Downside Target | 23.56 |
| Downside Target | 23.73 |
| Upside Target | 24.02 |
| Upside Target | 24.22 |
| Upside Target | 24.27 |
| Upside Target | 24.76 |
| Upside Target | 24.98 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 23.22 |
| Downside Intraday Target | 22.64 |
| Upside Intraday Target | 24.68 |
| Upside Intraday Target | 25.56 |
| Upside Intraday Target | 24.1 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 23.80 | 24.29 | 24.98 | 23.52 | 0.795 times |
| 10 Fri May 2024 | 24.22 | 22.81 | 24.76 | 21.99 | 1.461 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 |
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 |
| 16 Thu May 2024 | 23.80 | 22.60 | 24.98 | 21.99 | 0.738 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 up 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cargurus Inc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Cargurus Inc in short term and the buy signal is strong.
Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Cargurus Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.57 and Cargurus Inc (CARG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cargurus Inc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Cargurus Inc in short term and the buy signal is strong.
Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Cargurus Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.57 and Cargurus Inc (CARG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.