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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.

10 day averaged volume of Cargurus Inc is 1009160

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 23.78 23.78 24.03 23.68 0.741 times
16 Thu May 2024 23.80 24.73 24.83 23.78 1.114 times
15 Wed May 2024 24.96 24.67 24.98 24.14 0.875 times
14 Tue May 2024 24.49 24.06 24.66 23.98 1.181 times
13 Mon May 2024 24.05 24.29 24.40 23.52 0.932 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 24 as stoploss in an intra day sell trade for a target of 23.21. However, stock will show a bullish move above 24.

Share price targets for Cargurus Inc (CARG)

Target Type Value
Downside Target 21.18
Downside Target 21.72
Downside Target 23.43
Downside Target 23.56
Downside Target 23.73
Upside Target 24.02
Upside Target 24.22
Upside Target 24.27
Upside Target 24.76
Upside Target 24.98

Intraday share price targets for Cargurus Inc (CARG)

Target Type Value
Downside Intraday Target 23.21
Downside Intraday Target 22.63
Upside Intraday Target 24.67
Upside Intraday Target 25.55
Upside Intraday Target 24.09

Weekly technical analysis of Cargurus Inc (CARG)

Date Weekly Closing Price Open High Low Volume
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
03 Fri May 2024 22.75 23.18 23.43 22.32 1.089 times
26 Fri Apr 2024 23.22 22.31 23.56 22.20 0.907 times
19 Fri Apr 2024 22.20 22.45 22.57 21.18 1.09 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
17 Fri May 2024 23.78 22.60 24.98 21.99 0.787 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
29 Thu Feb 2024 22.14 23.36 24.27 21.72 1.828 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 32, 18, 28 Buy
MACD 1, 0Buy
Stochastics 73Buy
CCI 25Sell
RSI 58Buy
OBV 128845Sell
VWAP 24Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Cargurus Inc ( (CARG) ) based on a short 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.

Price action analysis of Cargurus Inc ( (CARG) ) based on a short 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.

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 red color and prices are in or above the red 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 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 23.64 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.

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