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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

CarGurus, Inc. - Class A (NASDAQ:CARG)

Sidelines Mode (-50) - CARG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CARG can gain momentum.

Is it time to buy, sell, or avoid CARG?

MarketClub looks at technical strength and momentum to determine if the timing is right for CARG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CARG
Open High Low CARG Price Change
23.100 23.370 22.946 23.060 +0.060
Entry Signal

MarketClub’s Trade Triangles for CARG

long term up The long-term trend has been UP since Dec 11th, 2023 at 22.085

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 22.350

short term down The short-term trend has been DOWN since Mar 22nd, 2024 at 23.020

Smart Scan Analysis for CARG

Based on our trend formula, CARG is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for CARG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.100 23.370 22.946 23.060 +0.060
Prev. Close Volume Bid Ask Time
23.080 505074 2024-03-28 15:59:57
Year High57.25Year High Date2018-09-26
Year Low28.52Year Low Date2018-02-09
52wk High24.6452wk High Date2023-12-20
52wk Low15.3452wk Low Date2023-05-04
Average Volume1,555,237Shares Outstanding107,439
Market Cap3,985MAssets918,927,000M
Liabilities302,075,000MP/E Ratio121.0526
Volatility52.29
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