(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 2024-08-02 View latest technical analysis
10 day averaged volume of Cargurus Inc is 630400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 23.33 | 22.96 | 23.63 | 22.88 | 1.222 times |
| 01 Thu Aug 2024 | 24.10 | 25.02 | 25.29 | 23.88 | 1.309 times |
| 31 Wed Jul 2024 | 24.82 | 25.04 | 25.15 | 24.44 | 1.452 times |
| 30 Tue Jul 2024 | 24.70 | 25.12 | 25.51 | 24.60 | 1.018 times |
| 29 Mon Jul 2024 | 25.12 | 25.44 | 25.72 | 25.06 | 0.898 times |
| 26 Fri Jul 2024 | 25.25 | 25.62 | 25.76 | 24.93 | 1.387 times |
| 25 Thu Jul 2024 | 25.19 | 25.38 | 25.71 | 24.92 | 0.874 times |
| 24 Wed Jul 2024 | 25.28 | 25.51 | 25.99 | 25.17 | 0.774 times |
| 23 Tue Jul 2024 | 26.00 | 25.97 | 26.34 | 25.85 | 0.873 times |
| 22 Mon Jul 2024 | 25.87 | 25.98 | 26.15 | 25.62 | 0.687 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.6, for a target of 24.5 or 25.3
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.99 |
| Downside Target | 22.88 |
| Upside Target | 23.58 |
| Upside Target | 25.33 |
| Upside Target | 25.72 |
| Upside Target | 25.92 |
| Upside Target | 26.05 |
| Upside Target | 26.34 |
| Upside Target | 26.83 |
| Upside Target | 26.90 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 22.23 |
| Downside Intraday Target | 21.14 |
| Upside Intraday Target | 25.07 |
| Upside Intraday Target | 26.82 |
| Upside Intraday Target | 23.98 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 23.33 | 25.44 | 25.72 | 22.88 | 1.284 times |
| 26 Fri Jul 2024 | 25.25 | 25.98 | 26.34 | 24.92 | 0.976 times |
| 19 Fri Jul 2024 | 25.82 | 25.52 | 26.83 | 25.33 | 1.28 times |
| 12 Fri Jul 2024 | 25.30 | 25.11 | 25.92 | 24.63 | 1.166 times |
| 05 Fri Jul 2024 | 24.93 | 25.66 | 26.05 | 24.16 | 0.733 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 |
| 02 Fri Aug 2024 | 23.33 | 25.02 | 25.29 | 22.88 | 0.106 times |
| 31 Wed Jul 2024 | 24.82 | 26.20 | 26.83 | 24.16 | 0.822 times |
| 28 Fri Jun 2024 | 26.20 | 24.38 | 26.90 | 23.58 | 1.045 times |
| 31 Fri May 2024 | 24.21 | 22.60 | 24.98 | 21.99 | 1.147 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 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 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 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 mid to longer 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.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 24.86 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 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 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 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 mid to longer 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.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 24.86 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.