CPRT Daily Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
Copart recently staged a strong recovery from its summer lows near 27.00 but stalled abruptly upon testing the descending 200-day SMA near 34.50. The subsequent sharp pullback has driven price back toward key dynamic confluence support around 30.25, defined by the rising 50-day SMA and lower Bollinger Band. For long-term investors, the broader trend remains firmly bearish until CPRT can establish sustained acceptance above the 200-day moving average.
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CPRT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price rejected sharply from the 200-day SMA and upper Bollinger Band, breaking below the 20-day moving average on expanding bearish candles with RSI falling rapidly to 43.50.
Long-term Sentiment (weeks to months): Bearish
The stock remains in an extended macro downtrend beneath a downward-sloping 200-day SMA, with moving averages maintaining a bearish alignment.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:16:39.450Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $30.30 | $30.20 - $30.40 | Moderate | Confluence of the 50-day SMA (30.25), lower Bollinger Band (30.27), and early August breakout level. |
| $27.30 | $26.80 - $27.80 | Strong | Major multi-week consolidation base and swing lows established during July and August. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $32.75 | $32.50 - $33.00 | Moderate | 20-day SMA (middle Bollinger Band) providing immediate overhead resistance. |
| $34.65 | $34.30 - $35.00 | Strong | Declining 200-day SMA (34.31) and upper Bollinger Band, which capped the recent late-August rally. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | 200-day SMA Rejection | Bearish | $30.25 | Price rallied into the descending 200-day SMA and upper Bollinger band before producing a strong bearish reversal back toward dynamic support. |
| Moderate | Double Bottom | Bullish | $34.50 | Formed at the 26.80–27.50 base in July and August, leading to a breakout above 30.50 that is currently undergoing a retest. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price rejected sharply from the 200-day SMA and upper Bollinger Band, breaking below the 20-day moving average on expanding bearish candles with RSI falling rapidly to 43.50.. 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 $30.30 and $27.30. 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 81/100. It is 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.