(CARG) Cargurus Inc complete technical analysis [charts+indicators] | Buy/Sell Cargurus Inc | (CARG) share price targets
Complete technical analysis of Cargurus Inc (CARG) by charts plus indicators, forecast predictions and share price targets for Cargurus Inc (CARG)
Cargurus Inc trades in USA in Technology sector.
Showing technical analysis as on 2024-02-27 View latest technical analysis
10 day averaged volume of Cargurus Inc is 939950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 23.52 | 22.50 | 23.99 | 21.95 | 4.952 times |
| 26 Mon Feb 2024 | 23.89 | 24.01 | 24.27 | 23.72 | 2.206 times |
| 23 Fri Feb 2024 | 23.84 | 23.57 | 23.91 | 23.45 | 0.887 times |
| 22 Thu Feb 2024 | 23.56 | 23.05 | 23.62 | 22.96 | 0.784 times |
| 21 Wed Feb 2024 | 22.90 | 22.82 | 23.04 | 22.69 | 0.633 times |
| 20 Tue Feb 2024 | 22.96 | 22.77 | 23.08 | 22.63 | 0.928 times |
| 16 Fri Feb 2024 | 23.05 | 23.24 | 23.28 | 22.67 | 0.928 times |
| 15 Thu Feb 2024 | 23.59 | 23.30 | 23.68 | 23.09 | 0.693 times |
| 14 Wed Feb 2024 | 23.20 | 22.91 | 23.37 | 22.85 | 1.02 times |
| 13 Tue Feb 2024 | 22.51 | 23.08 | 23.26 | 22.35 | 0.928 times |
Stock of Cargurus Inc (CARG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 23.9 or till 24.4. Use a stoploss of 23.49 and if this stock hits its stoploss, then it can fall down till 23.09
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 16.71 |
| Downside Target | 18.33 |
| Downside Target | 21.02 |
| Downside Target | 21.95 |
| Upside Target | 23.91 |
| Upside Target | 24.02 |
| Upside Target | 24.10 |
| Upside Target | 24.20 |
| Upside Target | 24.22 |
| Upside Target | 24.27 |
| Upside Target | 24.64 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 22.22 |
| Downside Intraday Target | 20.93 |
| Upside Intraday Target | 24.54 |
| Upside Intraday Target | 25.57 |
| Downside Intraday Target | 23.25 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 23.52 | 24.01 | 24.27 | 21.95 | 2.215 times |
| 23 Fri Feb 2024 | 23.84 | 22.77 | 23.91 | 22.63 | 0.708 times |
| 16 Fri Feb 2024 | 23.05 | 23.99 | 24.20 | 22.35 | 1.178 times |
| 09 Fri Feb 2024 | 23.92 | 23.73 | 24.10 | 23.22 | 1.207 times |
| 02 Fri Feb 2024 | 23.96 | 23.20 | 24.22 | 23.08 | 0.969 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Cargurus Inc (CARG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 23.52 | 23.36 | 24.27 | 21.95 | 1.408 times |
| 31 Wed Jan 2024 | 23.24 | 23.84 | 24.02 | 22.46 | 0.637 times |
| 29 Fri Dec 2023 | 24.16 | 21.55 | 24.64 | 21.02 | 0.903 times |
| 30 Thu Nov 2023 | 21.62 | 17.19 | 22.09 | 16.77 | 1.351 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Cargurus Inc (CARG)
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Cargurus Inc in short term and the buy signal is strong.
Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Cargurus Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.42 and Cargurus Inc (CARG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Cargurus Inc (CARG) stock. Volume based technical analysis of Cargurus Inc (CARG) stock is negative.
Cargurus Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Cargurus Inc in short term and the buy signal is strong.
Cargurus Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Cargurus Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Cargurus Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.42 and Cargurus Inc (CARG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Cargurus Inc (CARG) stock. Volume based technical analysis of Cargurus Inc (CARG) stock is negative.
Cargurus Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.