CARGURUS INC (CARG)
US1417881091 - Common Stock
Overall CARG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CARG has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month CARG has a been trading in the 35.37 - 39.10 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CARG is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by CARG over the past year are nicely spread over this period.
CARG is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 83% of 73 stocks in the same industry.
CARG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CARG is performing more or less in line with the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CARG also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
21.93
39.18
When analyzing the support we can see 5 important areas.
- A support zone ranging from 36.02 to 36.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.28 to 34.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.50 from a trend line in the weekly time frame.
- Support @24.84 from a trend line in the weekly time frame.
- Support @22.15 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @36.22 from a trend line in the daily time frame.
- A resistance zone ranging from 38.37 to 38.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.37
Mansfield2.26
10 Day High38.69
10 Day Low35.56
20 Day High39.1
20 Day Low35.37
52 Week High39.1
52 Week Low21.18
Performance
1 Week-4.35%
2 Weeks-6.07%
1 Month0.84%
3 Month18.72%
6 Month42.98%
12 Month48.76%
2 Year157.17%
3 Year7.1%
5 Year2.42%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)46.12
LBB35.81
UBB39.48
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.23 | 36.01 | 0.22 (0.61%) | 25.00% |
| An entry @36.23. This is a Buy Stop order right above the resistance zone. | An exit @36.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 0.61%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CARG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CARGURUS INC
NASDAQ:CARG (12/20/2024, 8:00:01 PM)
After market: 36.033 +0 (+0.01%)36.03
-0.05 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.14%
1 Week-4.35%
2 Weeks-6.07%
1 Month0.84%
3 Month18.72%
6 Month42.98%
12 Month48.76%
2 Year157.17%
3 Year7.1%
5 Year2.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%2.67%
ATR Inc12.48%
Range Today1.04
ADR(20)0.96
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.37
Mansfield2.26
10 Day High38.69
10 Day Low35.56
20 Day High39.1
20 Day Low35.37
52 Week High39.1
52 Week Low21.18
CS1 End36.02
CR1 Start36.22
Volume & EV
DER(3)2.49%
DER(5)1.22%
Volume1.80M
Volume Incr40.7%
Vol(5)901.68K
Vol(50)644.50K