Technical Analysis for CARG - CarGurus, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 24.22 | 8.71% | 1.94 |
CARG closed up 8.71 percent on Friday, May 10, 2024, on 1.87 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The bulls were able to push the stock to a new 52-week high.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 20 DMA | Bullish | 0.00% | |
| Crossed Above 50 DMA | Bullish | 0.00% | |
| MACD Bullish Centerline Cross | Bullish | 0.00% | |
| MACD Bullish Signal Line Cross | Bullish | 0.00% | |
| Expansion Breakout | Bullish Swing Setup | 0.00% | |
| Expansion Pivot Buy Setup | Bullish Swing Setup | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| New 52 Week High | Strength | 0.00% | |
| Above Upper BB | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% |
| Alert | Time |
|---|---|
| Up 10% | about 14 hours ago |
| 60 Minute Opening Range Breakout | about 14 hours ago |
| 60 Minute Opening Range Breakdown | about 16 hours ago |
| Upper Bollinger Band Resistance | about 16 hours ago |
| 2x Volume Pace | about 16 hours ago |
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Basic chart:
- Earnings date: 05/07/2024
CarGurus, Inc. is an online automotive marketplace connecting buyers and sellers of new and used cars. Using proprietary technology, search algorithms, and data analytics. The Company’s marketplace empowers users with unbiased third-party validation on pricing and dealer reputation as well as other information that aids them in finding Great Deals from Great Dealers. In addition to the United States, the Company operates online marketplaces in Canada, the United Kingdom, and Germany. The Company’s products include Consumer Marketplace, Dealer Marketplace, Dealer Dashboard, Dealer Advertising and Customer Acquisition Products, Auto Manufacturer and Other Advertiser Products.
Sector: Technology
Industry: Internet Content & Information
Keywords: E-Commerce Online Marketplace Online Market Algorithms Used Car Consumer Marketplace Online Automotive Marketplace Search Algorithm
Classification
Sector: Technology
Industry: Internet Content & Information
Keywords: E-Commerce Online Marketplace Online Market Algorithms Used Car Consumer Marketplace Online Automotive Marketplace Search Algorithm
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 24.76 |
| 52 Week Low | 16.705 |
| Average Volume | 1,045,694 |
| 200-Day Moving Average | 21.07 |
| 50-Day Moving Average | 22.80 |
| 20-Day Moving Average | 22.57 |
| 10-Day Moving Average | 22.76 |
| Average True Range | 0.74 |
| RSI (14) | 62.12 |
| ADX | 11.89 |
| +DI | 37.66 |
| -DI | 19.39 |
| Chandelier Exit (Long, 3 ATRs) | 22.55 |
| Chandelier Exit (Short, 3 ATRs) | 23.39 |
| Upper Bollinger Bands | 23.99 |
| Lower Bollinger Band | 21.14 |
| Percent B (%b) | 1.08 |
| BandWidth | 12.65 |
| MACD Line | 0.06 |
| MACD Signal Line | -0.02 |
| MACD Histogram | 0.086 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 26.31 | ||||
| Resistance 3 (R3) | 26.25 | 25.51 | 25.96 | ||
| Resistance 2 (R2) | 25.51 | 24.98 | 25.53 | 25.84 | |
| Resistance 1 (R1) | 24.86 | 24.65 | 25.19 | 24.92 | 25.73 |
| Pivot Point | 24.12 | 24.12 | 24.28 | 24.14 | 24.12 |
| Support 1 (S1) | 23.47 | 23.59 | 23.80 | 23.53 | 22.71 |
| Support 2 (S2) | 22.73 | 23.26 | 22.75 | 22.60 | |
| Support 3 (S3) | 22.08 | 22.73 | 22.48 | ||
| Support 4 (S4) | 22.14 |
