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Stock Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

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

Sidelines Mode (+55) - CARG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low CARG Price Change
21.310 21.720 21.280 21.585 +0.245
Entry Signal

MarketClub’s Trade Triangles for CARG

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 17.51

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 18.33

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 21.34

Smart Scan Analysis for CARG

Based on our trend formula, CARG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CARG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.310 21.720 21.280 21.585 +0.245
Prev. Close Volume Bid Ask Time
21.590 527281 2023-12-08 15:59:12
Year High57.25Year High Date2018-09-26
Year Low28.52Year Low Date2018-02-09
52wk High24.2252wk High Date2023-07-19
52wk Low12.3552wk Low Date2022-12-08
Average Volume1,098,702Shares Outstanding112,269
Market Cap3,985MAssets104,872,500M
Liabilities331,731,000MP/E Ratio30.4857
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