Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-05 View latest technical analysis

10 day averaged volume of Cargurus Inc is 687060

Date Daily Closing Price Open High Low Volume
05 Wed Jun 2024 24.88 24.35 24.94 23.99 1.084 times
04 Tue Jun 2024 24.12 23.69 24.13 23.58 0.945 times
03 Mon Jun 2024 23.87 24.38 24.55 23.82 1.066 times
31 Fri May 2024 24.21 23.77 24.29 23.75 0.96 times
30 Thu May 2024 23.67 23.54 23.99 23.51 0.894 times
29 Wed May 2024 23.44 23.14 23.74 23.04 0.85 times
28 Tue May 2024 23.47 24.06 24.14 23.42 1.018 times
23 Thu May 2024 23.61 23.81 23.90 23.34 0.914 times
22 Wed May 2024 23.72 23.84 24.13 23.63 1.041 times
21 Tue May 2024 23.87 23.45 23.91 23.20 1.112 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.5, but if it comes below 24.5, then a intra day sell could be more profitable.
If you take a sell trade below 24.5, then use 24.5 as stoploss and 23.74 as target. However if you take a buy trade in stock , then use 24.5 as stoploss and 25.3 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 24.22
Downside Target 24.27
Downside Target 24.29
Downside Target 24.76
Upside Target 24.94
Upside Target 24.98

Intraday share price targets for Cargurus Inc (CARG)

Target Type Value
Downside Intraday Target 23.99
Downside Intraday Target 23.11
Upside Intraday Target 25.35
Upside Intraday Target 25.83
Downside Intraday Target 24.47

Weekly technical analysis of Cargurus Inc (CARG)

Date Weekly Closing Price Open High Low Volume
05 Wed Jun 2024 24.88 24.38 24.94 23.58 0.832 times
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

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
05 Wed Jun 2024 24.88 24.38 24.94 23.58 0.122 times
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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Cargurus Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 23.9 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Cargurus Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 23.9 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme