CPRT Weekly Technical Analysis
Copart Inc
Online vehicle auction platform connecting insurers, dealers, and buyers.
CPRT Technical Analysis Summary
CPRT is currently in a confirmed downtrend, trading below the critical 200-week SMA, which signals a shift in the long-term trend regime. While the weekly MACD has executed a bullish crossover in oversold territory, price action remains weak, evidenced by the recent rejection at the 20-week SMA. The stock appears vulnerable to retesting lows near 36.50 unless it can reclaim the 41.50–44.60 resistance zone. The RSI hovering near 40 reflects persistent bearish momentum with limited buying interest.
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CPRT Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-week SMA (41.47) and formed a bearish weekly candle, rejecting the attempt to reclaim the midline.
Long-term Sentiment (weeks to months): Bearish
The stock is trading below both the 50-week and 200-week SMAs, indicating a broken long-term uptrend and established structural weakness.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:35:21.652Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $36.75 | $36.50 - $37.00 | Strong | Recent swing low aligned with the Lower Bollinger Band. |
| $31.00 | $30.00 - $32.00 | Strong | Major historical consolidation zone and swing lows from 2022. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $41.54 | $41.47 - $41.60 | Weak | 20-week SMA (Bollinger Basis) and current weekly high acting as immediate dynamic resistance. |
| $44.82 | $44.64 - $45.00 | Strong | Confluence of the 200-week SMA and previous breakdown levels. |
| $49.00 | $48.00 - $50.00 | Strong | 50-week SMA and major structural neckline resistance. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel | Bearish | N/A | Consistent series of lower highs and lower lows emerging from the 2024 peak. |
| Strong | Head and Shoulders (Completed) | Bearish | $38.00 | A large topping formation with the head around 58 and neckline near 48, which has already broken down to meet typical targets. |
Frequently Asked Questions about CPRT
What is the current sentiment for CPRT?
The short-term sentiment for CPRT is currently Bearish because Price is trading below the 20-week SMA (41.47) and formed a bearish weekly candle, rejecting the attempt to reclaim the midline.. 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 $36.75 and $31.00. 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 55/100. 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.