(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 2024-09-05 View latest technical analysis
10 day averaged volume of Cargurus Inc is 596560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 28.27 | 28.07 | 28.62 | 27.97 | 1.109 times |
| 04 Wed Sep 2024 | 28.08 | 27.83 | 28.24 | 27.65 | 1.3 times |
| 03 Tue Sep 2024 | 27.90 | 28.42 | 29.09 | 27.85 | 1.14 times |
| 30 Fri Aug 2024 | 28.98 | 29.00 | 29.40 | 28.47 | 1.205 times |
| 30 Fri Aug 2024 | 28.98 | 29.00 | 29.40 | 28.47 | 1.205 times |
| 29 Thu Aug 2024 | 29.00 | 28.48 | 29.26 | 28.48 | 1.335 times |
| 28 Wed Aug 2024 | 28.27 | 28.58 | 28.74 | 28.16 | 0.846 times |
| 27 Tue Aug 2024 | 28.63 | 28.56 | 28.69 | 28.26 | 0.721 times |
| 26 Mon Aug 2024 | 28.65 | 28.84 | 28.89 | 28.54 | 0.755 times |
| 23 Fri Aug 2024 | 28.72 | 28.33 | 29.04 | 28.24 | 0.892 times |
My analysis of stock is bearish for shortterm, and stock might move down till 27.8 or till 27.2. Use a stoploss of 28.28 and if the stock hits stoploss, then it can shoot up till 28.78
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.65 |
| Downside Target | 23.58 |
| Downside Target | 24.16 |
| Downside Target | 24.98 |
| Downside Target | 26.77 |
| Downside Target | 27.65 |
| Upside Target | 28.70 |
| Upside Target | 29.04 |
| Upside Target | 29.09 |
| Upside Target | 29.40 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 27.58 |
| Downside Intraday Target | 26.9 |
| Upside Intraday Target | 29.02 |
| Upside Intraday Target | 29.78 |
| Upside Intraday Target | 28.34 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 28.27 | 28.42 | 29.09 | 27.65 | 2.945 times |
| 30 Fri Aug 2024 | 28.98 | 29.00 | 29.40 | 28.47 | 0.248 times |
| 30 Fri Aug 2024 | 28.98 | 28.84 | 29.40 | 28.16 | 1.126 times |
| 23 Fri Aug 2024 | 28.72 | 28.38 | 29.04 | 27.95 | 0.488 times |
| 16 Fri Aug 2024 | 28.28 | 27.10 | 28.70 | 26.77 | 0.874 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cargurus Inc (CARG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 28.27 | 28.42 | 29.09 | 27.65 | 0.111 times |
| 30 Fri Aug 2024 | 28.98 | 25.02 | 29.40 | 21.65 | 1.274 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cargurus Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 28.55 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cargurus Inc in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 28.55 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 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.