(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 2024-03-15 View latest technical analysis
10 day averaged volume of Cargurus Inc is 1389100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 22.47 | 22.06 | 22.50 | 22.01 | 5.995 times |
| 14 Thu Mar 2024 | 22.22 | 22.77 | 22.97 | 22.02 | 0.981 times |
| 13 Wed Mar 2024 | 22.72 | 23.00 | 23.14 | 22.68 | 0.788 times |
| 12 Tue Mar 2024 | 22.99 | 23.00 | 23.44 | 22.96 | 0.793 times |
| 11 Mon Mar 2024 | 23.00 | 22.93 | 23.08 | 22.70 | 0.999 times |
| 08 Fri Mar 2024 | 23.00 | 23.43 | 24.22 | 22.96 | 1.12 times |
| 07 Thu Mar 2024 | 23.28 | 22.81 | 23.36 | 22.73 | 0.881 times |
| 06 Wed Mar 2024 | 22.55 | 22.55 | 22.83 | 22.38 | 1.113 times |
| 05 Tue Mar 2024 | 22.23 | 22.61 | 22.85 | 22.12 | 1.293 times |
| 04 Mon Mar 2024 | 22.94 | 22.60 | 23.08 | 22.47 | 1.178 times |
Stock of Cargurus Inc (CARG) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22.3 as stoploss in an intra day buy trade for a target of 22.89. However, stock will show a bearish move below 22.3.
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 16.77 |
| Downside Target | 21.02 |
| Downside Target | 21.72 |
| Upside Target | 23.44 |
| Upside Target | 23.91 |
| Upside Target | 24.02 |
| 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 | 21.84 |
| Downside Intraday Target | 21.21 |
| Upside Intraday Target | 23.27 |
| Upside Intraday Target | 24.07 |
| Upside Intraday Target | 22.64 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 22.47 | 22.93 | 23.44 | 22.01 | 1.711 times |
| 08 Fri Mar 2024 | 23.00 | 22.60 | 24.22 | 22.12 | 0.628 times |
| 01 Fri Mar 2024 | 22.68 | 24.01 | 24.27 | 21.72 | 4.064 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 |
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 |
| 15 Fri Mar 2024 | 22.47 | 22.22 | 24.22 | 22.01 | 0.956 times |
| 29 Thu Feb 2024 | 22.14 | 23.36 | 24.27 | 21.72 | 1.74 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 |
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term and the sell signal is strong.
Cargurus Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Cargurus Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.64 and Cargurus Inc (CARG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Cargurus Inc ( (CARG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Cargurus Inc ( (CARG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Cargurus Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Cargurus Inc in short term and the sell signal is strong.
Cargurus Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Cargurus Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.64 and Cargurus Inc (CARG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.