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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Cargurus Inc is 452440

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	31.57	31.87	32.09	31.38	1.068 times
22 Tue Oct 2024	32.04	31.66	32.36	31.61	1.14 times
21 Mon Oct 2024	31.66	31.42	31.88	31.40	0.85 times
18 Fri Oct 2024	31.58	31.53	31.62	31.28	0.771 times
17 Thu Oct 2024	31.45	31.50	31.69	31.33	0.873 times
16 Wed Oct 2024	31.64	31.65	31.94	31.23	1.079 times
15 Tue Oct 2024	31.45	31.23	31.55	30.83	1.031 times
14 Mon Oct 2024	31.12	30.82	31.30	30.56	1.085 times
11 Fri Oct 2024	30.89	30.37	31.01	30.37	0.934 times
10 Thu Oct 2024	30.31	30.13	30.35	29.88	1.032 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.5, but if it comes below 31.5, then a intra day sell could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 30.5 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 32.7 as target.

Share price targets for Cargurus Inc (CARG)

Target Type	Value
Downside Target	21.65
Downside Target	23.58
Downside Target	24.16
Downside Target	26.23
Downside Target	26.83
Downside Target	28.90
Downside Target	30.16
Downside Target	30.99
Downside Target	31.01
Downside Target	31.38
Upside Target	31.94
Upside Target	32.36

Intraday share price targets for Cargurus Inc (CARG)

Target Type	Value
Downside Intraday Target	31.18
Downside Intraday Target	30.79
Upside Intraday Target	32.16
Upside Intraday Target	32.75
Upside Intraday Target	31.77

Weekly technical analysis of Cargurus Inc (CARG)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	31.57	31.42	32.36	31.38	0.632 times
18 Fri Oct 2024	31.58	30.82	31.94	30.56	0.912 times
11 Fri Oct 2024	30.89	29.10	31.01	28.94	1.191 times
04 Fri Oct 2024	29.29	29.46	30.16	28.90	0.821 times
27 Fri Sep 2024	29.69	30.57	30.57	29.35	0.408 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
23 Wed Oct 2024	31.57	30.00	32.36	28.90	0.499 times
30 Mon Sep 2024	30.03	28.42	30.99	26.23	0.786 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

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 to mid 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 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 losing momentum.

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

Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Cargurus Inc in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 31.37 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.