COPART INC.
-
USD
(-)
- 15 min delayed data - NASDAQ Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Stocks |
| Ticker: | CPRT |
| ISIN: |
COPART INC. - Daily - Technical analysis published on 07/22/2022 (GMT)
- 269
- 0
- 07/22/2022 - 15:11
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- Timeframe : Daily
- - Analysis generated on 07/22/2022 - 15:11
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 118.10 USD
My targets
127.25 USD (+2.89%)
136.77 USD (+10.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COPART INC. as long as the price remains well above 118.10 USD. The buyers' bullish objective is set at 127.25 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 136.77 USD. If there is any crossing, the next objective would be the resistance located at 142.24 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COPART INC. rating 123.68 USD. The price is lower by -0.03% since the last closing and was traded between 123.30 USD and 125.04 USD over the period. The price is currently at +0.31% from its lowest and -1.09% from its highest.123.30
125.04
123.68
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of COPART INC. indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 104.24 | 108.76 | 118.10 | 123.68 | 127.25 | 136.77 | 142.24 |
| Change (%) | -15.72% | -12.06% | -4.51% | - | +2.89% | +10.58% | +15.01% |
| Change | -19.44 | -14.92 | -5.58 | - | +3.57 | +13.09 | +18.56 |
| Level | Major | Major | Major | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.24 | 120.99 | 122.35 | 123.10 | 124.46 | 125.21 | 126.57 |
| Camarilla | 123.14 | 123.33 | 123.53 | 123.72 | 123.91 | 124.11 | 124.30 |
| Woodie | 120.56 | 121.14 | 122.67 | 123.25 | 124.78 | 125.36 | 126.89 |
| Fibonacci | 120.99 | 121.79 | 122.29 | 123.10 | 123.90 | 124.40 | 125.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.65 | 106.32 | 111.16 | 113.83 | 118.67 | 121.34 | 126.18 |
| Camarilla | 113.93 | 114.61 | 115.30 | 115.99 | 116.68 | 117.37 | 118.06 |
| Woodie | 104.73 | 106.86 | 112.24 | 114.37 | 119.75 | 121.88 | 127.26 |
| Fibonacci | 106.32 | 109.19 | 110.97 | 113.83 | 116.70 | 118.48 | 121.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 86.30 | 94.25 | 101.46 | 109.41 | 116.62 | 124.57 | 131.78 |
| Camarilla | 104.49 | 105.88 | 107.27 | 108.66 | 110.05 | 111.44 | 112.83 |
| Woodie | 85.92 | 94.07 | 101.08 | 109.23 | 116.24 | 124.39 | 131.40 |
| Fibonacci | 94.25 | 100.04 | 103.62 | 109.41 | 115.20 | 118.78 | 124.57 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.67 | |
| MACD (12,26,9): | 2.9600 | |
| Directional Movement: | 23.15 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 118.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 115.68 | |
| Elder Ray (13): | 6.65 | |
| Super Trend (3,10): | 115.40 | |
| Zig ZAG (10): | 123.57 | |
| VORTEX (21): | 1.2400 | |
| Stochastique (14,3,5): | 95.27 | |
| TEMA (21): | 121.88 | |
| Williams %R (14): | -9.66 | |
| Chande Momentum Oscillator (20): | 10.64 | |
| Repulse (5,40,3): | 2.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 16.15 |
| MA7: | 119.45 | |
| MA20: | 114.44 | |
| MA50: | 112.03 | |
| MA100: | 116.05 | |
| MAexp7: | 120.13 | |
| MAexp20: | 115.77 | |
| MAexp50: | 114.29 | |
| MAexp100: | 117.47 | |
| Price / MA7: | +3.54% | |
| Price / MA20: | +8.07% | |
| Price / MA50: | +10.40% | |
| Price / MA100: | +6.57% | |
| Price / MAexp7: | +2.96% | |
| Price / MAexp20: | +6.83% | |
| Price / MAexp50: | +8.22% | |
| Price / MAexp100: | +5.29% |
Quotes :
07/22/2022 - 14:55
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on COPART INC. at the time of the analysis were as follows:
- 05/18/2022 - 22:15 Copart Reports Third Quarter Fiscal 2022 Financial Results
- 05/12/2022 - 19:24 Copart, Inc. to Release Third Quarter Fiscal 2022 Results
- 03/30/2022 - 23:13 Copart Promotes Jeff Liaw to Co-Chief Executive Officer
- 02/16/2022 - 22:20 Copart Reports Second Quarter Fiscal 2022 Financial Results
- 02/10/2022 - 22:06 Copart, Inc. to Release Second Quarter Fiscal 2022 Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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