CPRT Monthly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT has entered a major corrective phase following the completion of a distribution top near all-time highs, falling below both the 20-month and 50-month moving averages. A recent rebound from the critical 2022 support shelf near 24.00-26.00 provides temporary stabilization, but overhead moving average resistance around 42.00-45.00 limits immediate upside. The long-term secular trend will remain in a neutral-to-corrective posture until price can sustainably reclaim the 50-month moving average.
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CPRT Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price experienced a severe multi-month selloff from all-time highs and is currently trading below the declining 20-month SMA (42.96) and 50-month SMA (44.01) with RSI below 40.
Long-term Sentiment (weeks to months): Neutral
While the secular multi-decade uptrend remains technically intact above the rising 200-month SMA (19.37), the loss of the 50-month SMA marks a significant structural correction and transitional regime.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-09-01T06:41:29.654Z
- Model: gemini-3.7-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $24.50 | $23.00 - $26.00 | Strong | Corresponds to the 2022 consolidation lows, recent bounce level, and the lower monthly Bollinger Band. |
| $19.00 | $18.00 - $20.00 | Strong | Secular support defined by the rising 200-month SMA and the pre-2020 breakout zone. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $43.50 | $42.00 - $45.00 | Strong | Major overhead resistance zone formed by the confluence of the 20-month and 50-month moving averages and prior breakdown area. |
| $62.00 | $60.00 - $64.00 | Strong | All-time high distribution peak and key secular resistance. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $25.00 | Multi-month distribution pattern near the 62-64 region in 2024 that completed upon breaking below the neckline near 44. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price experienced a severe multi-month selloff from all-time highs and is currently trading below the declining 20-month SMA (42.96) and 50-month SMA (44.01) with RSI below 40.. The long-term trend is classified as Neutral.
What are the key support levels for CPRT?
StockDips.AI has identified key support levels for CPRT at $24.50 and $19.00. 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.