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Takip Edin: @UscMarketsCPRT Stock Forecast & Copart Chart Analysis
This article provides a detailed analysis of CPRT-Copart stock including a forecast for CPRT shares. It features Copart, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
CPRT Historical Data Review
CPRT Current Price Performance Analysis
The Copart - CPRT stock traded on the American stock market, on 06-05-2024, closed at 54.0$ with a %1.91 increased compared to the previous day.
In the last month, the price of CPRT changed by %-3.12 decreased in value, from 55.74 dollars on 05-06-2024 to 54.0 dollars, decreased.
Last year, the price of CPRT was 44.04 dollars on 06-06-2023, and changed by %22.62 increased in value, to 54.0 dollars increased within a year.
The price of Copart stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CPRT with AI Stock Forecast & Price Target
On the CPRT chart Copart price was recorded as 54.0 Dollars on 06/05/2024.
The artificial intelligence's forecast on CPRT stock is as follows.
The artificial intelligence's prediction error margin for CPRT stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Copart stock over the next 4 months is: 66.2 Dollars.
The commentary on CPRT stock Target Price: Highest: 73.15 Dollars is predicted.
The commentary on CPRT stock Target Price: Lowest: 56.873 Dollars is predicted.
Resistance Price where Copart stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 58.532 |
| 12-02-2024 | 71.602 |
| 02-25-2025 | 71.042 |
Support Price where Copart stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 57.440 |
| 01-21-2025 | 69.335 |
| 03-27-2025 | 68.407 |
The commentary on CPRT stock: The target price can generally be said to be on the rise.
The commentary on CPRT stock: Fluctuations in the target price can be expected in the coming days.
The target price for Copart stock by the end of 2024 is predicted to be 70.518 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CPRT stock, and the 2024 target price predictions for Copart are detailed above.
The technical analysis and charts for the commentary on CPRT stock are below.
CPRT Support & Resistance and Trend Analysis
CPRT stock you have reviewed the technical analysis support resistance charts regarding.
CPRT : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CPRT review, the Copart support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Copart Support and Resistance Prices:
| CPRT Support Level Price | CPRT Resistance Level Price |
|---|---|
| 46.21 | 49.18 |
| 47.08 | 50.22 |
| 47.73 | 51.27 |
| 48.22 | 55.53 |
| 51.73 | 56.09 |
| 52.41 | 56.13 |
| 52.83 | 58.58 |
CPRT Technical Analysis: SMA, RSI, MACD
Upon reviewing the CPRT chart, buy and sell signals have been generated in the Copart technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CPRT stock are as follows:- CPRT technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Copart gave a 'Buy' signal when the RSI was at 27.401, with the current RSI value at 41.505.
- The technical analysis for CPRT indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Copart issued a 'Buy' signal when the MACD was at -0.054, with the current MACD value being: -0.513
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Copart stock: Click here to read more predictions on Wesfarmers Limited stock.
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