(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 2024-05-31 View latest technical analysis
10 day averaged volume of Cargurus Inc is 758390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 24.21 | 23.77 | 24.29 | 23.75 | 0.869 times |
| 30 Thu May 2024 | 23.67 | 23.54 | 23.99 | 23.51 | 0.81 times |
| 29 Wed May 2024 | 23.44 | 23.14 | 23.74 | 23.04 | 0.77 times |
| 28 Tue May 2024 | 23.47 | 24.06 | 24.14 | 23.42 | 0.922 times |
| 23 Thu May 2024 | 23.61 | 23.81 | 23.90 | 23.34 | 0.828 times |
| 22 Wed May 2024 | 23.72 | 23.84 | 24.13 | 23.63 | 0.943 times |
| 21 Tue May 2024 | 23.87 | 23.45 | 23.91 | 23.20 | 1.007 times |
| 20 Mon May 2024 | 23.57 | 23.69 | 24.01 | 23.55 | 1.087 times |
| 17 Fri May 2024 | 23.78 | 23.78 | 24.03 | 23.68 | 0.986 times |
| 16 Thu May 2024 | 23.80 | 24.73 | 24.83 | 23.78 | 1.483 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.2, but if it comes below 24.2, then a intra day sell could be more profitable.
If you take a sell trade below 24.2, then use 24.2 as stoploss and 23.53 as target. However if you take a buy trade in stock , then use 24.2 as stoploss and 25.1 as target.
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.72 |
| Downside Target | 23.04 |
| Downside Target | 24.02 |
| Downside Target | 24.13 |
| Upside Target | 24.22 |
| Upside Target | 24.27 |
| Upside Target | 24.29 |
| Upside Target | 24.76 |
| Upside Target | 24.98 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 23.4 |
| Downside Intraday Target | 22.6 |
| Upside Intraday Target | 24.65 |
| Upside Intraday Target | 25.1 |
| Downside Intraday Target | 23.85 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 24.21 | 24.06 | 24.29 | 23.04 | 0.872 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 up 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 |
| 31 Fri May 2024 | 24.21 | 22.60 | 24.98 | 21.99 | 1.147 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid 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 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 gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cargurus Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cargurus Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 23.72 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid 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 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 gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Cargurus Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cargurus Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 23.72 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 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.