Technical Analysis for CARG - CarGurus, Inc.

Grade Last Price % Change Price Change
C 24.96 1.92% 0.47
CARG closed up 1.92 percent on Wednesday, May 15, 2024, on 87 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Pocket Pivot Bullish Swing Setup 1.92%
Stochastic Reached Overbought Strength 1.92%
Upper Bollinger Band Walk Strength 1.92%
Above Upper BB Strength 1.92%

   Recent Intraday Alerts

Alert Time
Down 1% about 14 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
Rose Above Previous Day's High about 15 hours ago
New 52 Week High about 15 hours ago
Up 1% about 15 hours ago

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Profile

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.
Classification

Sector: Technology
Industry: Internet Content & Information
Keywords: E-Commerce Online Marketplace Online Market Algorithms Used Car Consumer Marketplace Online Automotive Marketplace Search Algorithm

Is CARG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.98
52 Week Low 16.705
Average Volume 1,013,693
200-Day Moving Average 21.10
50-Day Moving Average 22.91
20-Day Moving Average 23.02
10-Day Moving Average 23.34
Average True Range 0.75
RSI (14) 65.99
ADX 16.64
+DI 35.02
-DI 15.27
Chandelier Exit (Long, 3 ATRs) 22.73
Chandelier Exit (Short, 3 ATRs) 23.43
Upper Bollinger Bands 24.70
Lower Bollinger Band 21.33
Percent B (%b) 1.08
BandWidth 14.64
MACD Line 0.38
MACD Signal Line 0.12
MACD Histogram 0.2528
Fundamentals Value
Market Cap 2.4 Billion
Num Shares 96.3 Million
EPS 0.73
Price-to-Earnings (P/E) Ratio 34.19
Price-to-Sales 2.68
Price-to-Book 3.75
PEG Ratio 1.43
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.22
Resistance 3 (R3) 26.09 25.53 26.01
Resistance 2 (R2) 25.53 25.21 25.60 25.94
Resistance 1 (R1) 25.25 25.01 25.39 25.38 25.87
Pivot Point 24.69 24.69 24.77 24.76 24.69
Support 1 (S1) 24.41 24.37 24.55 24.54 24.05
Support 2 (S2) 23.85 24.17 23.92 23.98
Support 3 (S3) 23.57 23.85 23.91
Support 4 (S4) 23.70