(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 2024-06-07 View latest technical analysis
10 day averaged volume of Cargurus Inc is 749360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 26.19 | 25.27 | 26.59 | 25.20 | 1.702 times |
| 06 Thu Jun 2024 | 25.17 | 25.00 | 25.67 | 24.70 | 1.957 times |
| 05 Wed Jun 2024 | 24.88 | 24.35 | 24.94 | 23.99 | 0.994 times |
| 04 Tue Jun 2024 | 24.12 | 23.69 | 24.13 | 23.58 | 0.866 times |
| 03 Mon Jun 2024 | 23.87 | 24.38 | 24.55 | 23.82 | 0.978 times |
| 31 Fri May 2024 | 24.21 | 23.77 | 24.29 | 23.75 | 0.88 times |
| 30 Thu May 2024 | 23.67 | 23.54 | 23.99 | 23.51 | 0.82 times |
| 29 Wed May 2024 | 23.44 | 23.14 | 23.74 | 23.04 | 0.779 times |
| 28 Tue May 2024 | 23.47 | 24.06 | 24.14 | 23.42 | 0.933 times |
| 23 Thu May 2024 | 23.61 | 23.81 | 23.90 | 23.34 | 0.838 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 25.8, for a target of 24.9 or 24.07
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 |
| Downside Target | 24.98 |
| Upside Target | 26.59 |
Intraday share price targets for Cargurus Inc (CARG)
| Target Type | Value |
| Downside Intraday Target | 24.32 |
| Downside Intraday Target | 22.44 |
| Upside Intraday Target | 27.33 |
| Upside Intraday Target | 28.46 |
| Downside Intraday Target | 25.45 |
Weekly technical analysis of Cargurus Inc (CARG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 26.19 | 24.38 | 26.59 | 23.58 | 1.904 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, 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 |
| 07 Fri Jun 2024 | 26.19 | 24.38 | 26.59 | 23.58 | 0.278 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 24.51 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 24.51 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.