Copart, Inc. (CPRT)
Current Price: $38.96
Date: December 16, 2025
CPRT is currently demonstrating a struggle to break free from its downtrend, having closed at $38.96 on December 16, 2025. Despite minor bullish indicators, the stock is against significant medium-term resistance, suggesting a cautious outlook.
Technical Indicator Summary Table
| Indicator | Current Value | Key Levels | Analysis |
|---|---|---|---|
| Current Price | $38.96 | Close to lower Bollinger Band | Trading at a lower boundary of Bollinger Bands; within a bearish trend |
| 20-day SMA | $39.29 | Price < SMA indicates bearish | Trading below the 20-day SMA denotes short-term bearish momentum |
| 50-day SMA | $41.65 | Price < SMA indicates bearish | Signifies medium-term downtrend continuation |
| 100-day SMA | $44.26 | Price < SMA indicates bearish | Reinforces prolonged bearish sentiment |
| RSI | 39.2 | Neutral: 30-70, Oversold < 30 | Recovering from oversold region; bearish fading but not yet bullish |
| Bollinger Bands | $37.35 - $41.23 | Narrow bands imply possible break soon | Narrow range; poised for a potential volatility expansion |
| MACD | -0.86 (Histogram) | Negative Histogram = Bearish shifting | Some bullish momentum increment with MACD histogram turning positive |
| On Balance Volume | 29.54M | Declining OBV indicative of sell-off | Accumulation phase returning, but overall bearish undercurrents persist |
Moving Averages
The current price of $38.96 remains below all major moving averages, with the 20-day SMA at $39.29, enforcing short-term bearish tendencies. A failure to rise above even the shortest term average further substantiates weak momentum. The 50-day and 100-day SMAs at $41.65 and $44.26 respectively provide considerable medium to long-term resistance—areas where CPRT has consistently failed to pivot upward, solidifying a bearish phase.
Relative Strength Index (RSI)
The RSI of 39.2 indicates a soft recovery from oversold conditions but remains decisively bearish as it fails to cross over the 50 midline to confirm positive sentiments. It reflects that while short-term selling pressure might have decreased, buying interest is not yet strong enough to reverse the downtrend convincingly.
Bollinger Bands
CPRT's price is currently within the lower region of Bollinger Bands ranging between $37.35 and $41.23. The price gravitating near the lower band often forewarns of an impending reversal or further downside volatility. However, the narrowing band width indicates the compression might precede a larger price movement (often following a squeeze), but the direction remains uncertain.
MACD
The MACD indicator, with a histogram value of 0.15, showcases a budding bullish signal change. The MACD line remains below the signal line, but a slight recovery points towards a potential change in momentum. Should this crossover persist, it may support a shift from bearish to bullish behavior.
On Balance Volume (OBV)
The OBV at 29.54M suggests that the recent volume pattern could indicate early phases of a reversal attempt. There has been increased trading volume aligning with short-term price movements, possibly hints at accumulation, but the decrease from past higher levels holds the bearish stance.
Candlestick Patterns
Recent candlestick formations highlight a lack of strong conviction by bulls. The patterns over December show repeated inverted hammers, especially noticeable on December 10 (a higher open followed by selling pressure), indicating attempts to rally thwarted by stronger sell-side or resistance pressures. Without confirmation by wide-ranging bullish candles, these efforts remain expressionless towards a reversal.
Summary
CPRT is experiencing persistent bearish conditions, depicted by its failure to break above short and medium-term moving averages. Oscillators signal a soft recovery from oversold territories but lack robust momentum signals. Bollinger Bands suggest an approaching volatility shift, while MACD shows progressive, yet unconfirmed bullish inclinations. While recent candlestick actions indicate resistance to downside traction, they also highlight a robust selling environment.
In essence, CPRT needs to convincingly close above the 20-day SMA at $39.29 to ignite speculative buying interest. Short-term investors may seek to exploit further downside unless key resistance levels are overcome. Long-term traders should remain cautious until support at $41 (aligned with the 50-day SMA) demonstrates sustained breaching for an uptrend reversal.
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