CPRT Daily Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT is firmly entrenched in a primary long-term downtrend, trading well below its declining 200-day SMA. The short-term technical posture has rapidly deteriorated following a rejection at the 50-day SMA, leading to a breakdown from recent consolidation. With momentum indicators like MACD and RSI supporting the downward move, the critical test lies at the major $30 support zone; a failure to hold this level would likely confirm trend continuation and invite further selling pressure.
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CPRT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price recently rejected the 50-day SMA resistance and broke below a short-term consolidation zone with a strong bearish candle. This is confirmed by a bearish MACD crossover with an expanding negative histogram, while the RSI trends downwards toward oversold territory.
Long-term Sentiment (weeks to months): Bearish
The chart displays a pronounced, multi-month downtrend characterized by a series of lower highs and lower lows. The price remains significantly below a decisively down-sloping 200-day SMA.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-02T14:10:57.868Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $30.60 | $30.00 - $31.20 | Strong | Immediate support zone based on the recent swing low cluster established in March and April. The price is currently testing the upper boundary of this zone. |
| $28.50 | $28.00 - $29.00 | Weak | Next potential visual support area if the critical $30 round-number level breaks, based on older price structure visible on the left side of the chart. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $33.80 | $33.10 - $34.50 | Strong | A dense resistance zone comprising the recent swing highs and the convergence of the 20-day and 50-day SMAs, which recently rejected an upward advance. |
| $39.50 | $39.00 - $40.00 | Strong | Major long-term structural resistance defined by the 200-day SMA and historical support-turned-resistance levels. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish Consolidation Breakdown | Bearish | N/A | After moving sideways and slightly upward between mid-April and early June, price definitively broke down from this tight range, rejecting key moving averages and increasing downward momentum. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price recently rejected the 50-day SMA resistance and broke below a short-term consolidation zone with a strong bearish candle. This is confirmed by a bearish MACD crossover with an expanding negative histogram, while the RSI trends downwards toward oversold territory.. The long-term trend is classified as Bearish.
What are the key support levels for CPRT?
StockDips.AI has identified key support levels for CPRT at $30.60 and $28.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is CPRT in a significant dip or a Value Dip right now?
CPRT has a Value Score of 103/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.