CARGURUS INC (CARG) Stock Technical Analysis
NASDAQ:CARG - Nasdaq - US1417881091 - Common Stock - Currency: USD
Taking everything into account, CARG scores 2 out of 10 in our technical rating. Although CARG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CARG has a been trading in the 29.85 - 41.33 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, CARG did better than 74% of all other stocks. However, CARG's most recent performance is quite weak.
CARG is an average performer in the Interactive Media & Services industry, it outperforms 62% of 71 stocks in the same industry.
CARG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARG is lagging the market.
The technical rating of CARG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.64
31.46
When analyzing the support we notice one important area.
- Support @27.92 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.41
Mansfield-0.05
10 Day High40.37
10 Day Low29.85
20 Day High41.33
20 Day Low29.85
52 Week High41.33
52 Week Low21.18
Performance
1 Week-22.36%
2 Weeks-20.19%
1 Month-20.8%
3 Month-12.55%
6 Month8.46%
12 Month30.66%
2 Year82.7%
3 Year-35.71%
5 Year22.2%
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)-0.74
RSI(14)23.02
LBB34.26
UBB43.05
31.15
-6.44 (-17.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-17.13%
1 Week-22.36%
2 Weeks-20.19%
1 Month-20.8%
3 Month-12.55%
6 Month8.46%
12 Month30.66%
2 Year82.7%
3 Year-35.71%
5 Year22.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%4.77%
ATR Inc303.18%
Range Today4.14
ADR(20)1.25
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.41
Mansfield-0.05
10 Day High40.37
10 Day Low29.85
20 Day High41.33
20 Day Low29.85
52 Week High41.33
52 Week Low21.18
CS1 End27.92
CR1 StartN/A
Volume & EV
DER(3)1.04%
DER(5)0.24%
Volume3.76M
Volume Incr102.29%
Vol(5)1.52M
Vol(50)777.03K