Get started
Copart, Inc.Copart, Inc.Copart, Inc.

Copart, Inc.

No trades
See on Supercharts
OverviewFinancialsNewsIdeasMindsTechnicalsForecastsETFs

Trade ideas

CPRT ready to move higher?I last spoke about this on October 29th as it was breaking out of the resistance at $152.85. At that time I did mention that this may end up consolidating for a while before it's ready to move higher. Now CPRT is offering yet another entry and it seems like it's ready to move higher from here. What's really interesting about this is that it consolidated while the general market was in a correction. This indicates that institutions are interested in this stock and were keeping it afloat. Now may be the perfect time to enter before it starts heading higher. Everything from my previous post still stands. Trade Idea: * Now's the right time to enter as the stock is trading at higher than average volume * Earnings coming up next week * If you're looking for a slight discount you can look for an entry around the $152.85 area * $152.85 as been serving as support and should serve as support going forward
NASDAQ:CPRTLong
by HaseebKhan_90
CPRT Continues Bullish TrendWho They Are Copart Inc (CPRT) is an online auction provider for used/damaged/stolen vehicles for mainly commercial entities. These vehicles are sold to a wide variety of end-users. CPRT makes money through fees from the auctions and from engaging in buying and selling themselves. Are They Making Money Their EBITDA(Adj) has been showing positive growth for several years now, the same as cash flow from operations. Technical CPRT recently corrected down to the 63EMA and then continued back on its bullish trend. RSI shows it still has room to move up before hitting overbought territory. ADX is pointed down but it is above 20, showing strength in the trend though being pointed down warns that it may be running out of steam.
NASDAQ:CPRTLong
by Ronald_Ryninger
Multiple Overbought Signals Pointing To A DipIn the case of CPRT, 5 of my algorithms signaled a SELL on April 6, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. I really like this one because the RSI signaled SELL a few days prior and it is an early warning signal of near-term movement I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the 3 Hour chart after a SELL signal occurred. Therefore, this box represents 100% of previous movement upward before the stock finally moved downward. The smaller red box represents 50% of all historical movement upward, before the stock moved downward. The smaller box is more of a precise target for the potential top in this instance. The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final bottom. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play). All statistics and the full analysis are available for free as always at the site below.
NASDAQ:CPRTShort
by StockSignaler