(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 2024-08-12 View latest technical analysis
10 day averaged volume of Cargurus Inc is 976670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 27.60 | 27.10 | 27.78 | 26.77 | 1.304 times |
| 09 Fri Aug 2024 | 26.94 | 25.06 | 27.00 | 24.78 | 2.053 times |
| 08 Thu Aug 2024 | 22.40 | 22.17 | 22.62 | 21.65 | 1.455 times |
| 07 Wed Aug 2024 | 22.11 | 22.64 | 22.84 | 21.98 | 0.919 times |
| 06 Tue Aug 2024 | 22.21 | 22.30 | 22.72 | 22.14 | 0.848 times |
| 05 Mon Aug 2024 | 22.30 | 22.19 | 22.68 | 21.72 | 0.916 times |
| 02 Fri Aug 2024 | 23.33 | 22.96 | 23.63 | 22.88 | 0.789 times |
| 01 Thu Aug 2024 | 24.10 | 25.02 | 25.29 | 23.88 | 0.845 times |
| 31 Wed Jul 2024 | 24.82 | 25.04 | 25.15 | 24.44 | 0.937 times |
| 30 Tue Jul 2024 | 24.70 | 25.12 | 25.51 | 24.60 | 0.657 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.5, but if it comes below 26.5, then a intra day sell could be more profitable.
If you take a sell trade below 26.5, then use 26.5 as stoploss and 24.89 as target. However if you take a buy trade in stock , then use 26.5 as stoploss and 28.4 as target.
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.65 |
| Downside Target | 22.88 |
| Downside Target | 23.58 |
| Downside Target | 24.92 |
| Downside Target | 26.34 |
| Downside Target | 26.77 |
| Downside Target | 26.83 |
| Downside Target | 26.90 |
| Downside Target | 27.00 |
| Upside Target | 27.78 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 26.99 |
| Downside Intraday Target | 26.37 |
| Upside Intraday Target | 28 |
| Upside Intraday Target | 28.39 |
| Downside Intraday Target | 27.38 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 27.60 | 27.10 | 27.78 | 26.77 | 0.211 times |
| 09 Fri Aug 2024 | 26.94 | 22.19 | 27.00 | 21.65 | 1.626 times |
| 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 |
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 |
| 12 Mon Aug 2024 | 27.60 | 25.02 | 27.78 | 21.65 | 0.594 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer 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.
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 but the buy 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 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 red color and prices are in or above the red 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 but buying is losing 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 24.41 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer 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.
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 but the buy 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 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 red color and prices are in or above the red 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 but buying is losing 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 24.41 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.