(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 2024-05-29 View latest technical analysis
10 day averaged volume of Cargurus Inc is 851780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 23.44 | 23.14 | 23.74 | 23.04 | 0.686 times |
| 28 Tue May 2024 | 23.47 | 24.06 | 24.14 | 23.42 | 0.821 times |
| 23 Thu May 2024 | 23.61 | 23.81 | 23.90 | 23.34 | 0.738 times |
| 22 Wed May 2024 | 23.72 | 23.84 | 24.13 | 23.63 | 0.84 times |
| 21 Tue May 2024 | 23.87 | 23.45 | 23.91 | 23.20 | 0.897 times |
| 20 Mon May 2024 | 23.57 | 23.69 | 24.01 | 23.55 | 0.968 times |
| 17 Fri May 2024 | 23.78 | 23.78 | 24.03 | 23.68 | 0.878 times |
| 16 Thu May 2024 | 23.80 | 24.73 | 24.83 | 23.78 | 1.32 times |
| 15 Wed May 2024 | 24.96 | 24.67 | 24.98 | 24.14 | 1.036 times |
| 14 Tue May 2024 | 24.49 | 24.06 | 24.66 | 23.98 | 1.399 times |
My analysis of stock is bullish for shortterm, and stock might move up till 24.1 or till 25.1. Use a stoploss of 23.37 and if this stock hits its stoploss, then it can fall down till 22.6
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.72 |
| Downside Target | 23.04 |
| Upside Target | 24.02 |
| Upside Target | 24.13 |
| Upside Target | 24.14 |
| 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 | 22.94 |
| Downside Intraday Target | 22.44 |
| Upside Intraday Target | 24.04 |
| Upside Intraday Target | 24.64 |
| Upside Intraday Target | 23.54 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 23.44 | 24.06 | 24.14 | 23.04 | 0.438 times |
| 23 Thu May 2024 | 23.61 | 23.69 | 24.13 | 23.20 | 0.6 times |
| 17 Fri May 2024 | 23.78 | 24.29 | 24.98 | 23.52 | 0.939 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 |
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 |
| 29 Wed May 2024 | 23.44 | 22.60 | 24.98 | 21.99 | 1.063 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cargurus Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cargurus Inc in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 23.93 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cargurus Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Cargurus Inc in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 23.93 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.