(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 2024-06-05 View latest technical analysis
10 day averaged volume of Cargurus Inc is 687060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 24.88 | 24.35 | 24.94 | 23.99 | 1.084 times |
| 04 Tue Jun 2024 | 24.12 | 23.69 | 24.13 | 23.58 | 0.945 times |
| 03 Mon Jun 2024 | 23.87 | 24.38 | 24.55 | 23.82 | 1.066 times |
| 31 Fri May 2024 | 24.21 | 23.77 | 24.29 | 23.75 | 0.96 times |
| 30 Thu May 2024 | 23.67 | 23.54 | 23.99 | 23.51 | 0.894 times |
| 29 Wed May 2024 | 23.44 | 23.14 | 23.74 | 23.04 | 0.85 times |
| 28 Tue May 2024 | 23.47 | 24.06 | 24.14 | 23.42 | 1.018 times |
| 23 Thu May 2024 | 23.61 | 23.81 | 23.90 | 23.34 | 0.914 times |
| 22 Wed May 2024 | 23.72 | 23.84 | 24.13 | 23.63 | 1.041 times |
| 21 Tue May 2024 | 23.87 | 23.45 | 23.91 | 23.20 | 1.112 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.5, but if it comes below 24.5, then a intra day sell could be more profitable.
If you take a sell trade below 24.5, then use 24.5 as stoploss and 23.74 as target. However if you take a buy trade in stock , then use 24.5 as stoploss and 25.3 as target.
Share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Target | 21.18 |
| Downside Target | 21.72 |
| Downside Target | 23.04 |
| Downside Target | 24.22 |
| Downside Target | 24.27 |
| Downside Target | 24.29 |
| Downside Target | 24.76 |
| Upside Target | 24.94 |
| Upside Target | 24.98 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 23.99 |
| Downside Intraday Target | 23.11 |
| Upside Intraday Target | 25.35 |
| Upside Intraday Target | 25.83 |
| Downside Intraday Target | 24.47 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 24.88 | 24.38 | 24.94 | 23.58 | 0.832 times |
| 31 Fri May 2024 | 24.21 | 24.06 | 24.29 | 23.04 | 0.872 times |
| 23 Thu May 2024 | 23.61 | 23.69 | 24.13 | 23.20 | 0.6 times |
| 17 Fri May 2024 | 23.78 | 24.29 | 24.98 | 23.52 | 0.939 times |
| 10 Fri May 2024 | 24.22 | 22.81 | 24.76 | 21.99 | 1.461 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Cargurus Inc (CARG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 24.88 | 24.38 | 24.94 | 23.58 | 0.122 times |
| 31 Fri May 2024 | 24.21 | 22.60 | 24.98 | 21.99 | 1.147 times |
| 30 Tue Apr 2024 | 22.46 | 23.04 | 23.73 | 21.18 | 0.506 times |
| 28 Thu Mar 2024 | 23.08 | 22.22 | 24.22 | 22.01 | 1.296 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cargurus Inc stock for short term is BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cargurus Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 23.9 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 is giving positive 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Cargurus Inc stock for short term is BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Cargurus Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 23.9 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 is giving positive 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.