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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
CarGurus, Inc. - Class A (NASDAQ:CARG)
Long-Term Downtrend (-90) - CARG is in a strong downtrend that is likely to continue. While CARG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CARG
The long-term trend has been DOWN since Apr 15th, 2024 at 21.715
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 22.350
The short-term trend has been DOWN since May 8th, 2024 at 22.570
Smart Scan Analysis for CARG
Based on our trend formula, CARG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.2500 | 22.3601 | 21.9900 | 22.1250 | -0.4850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.6100 | 511103 | 2024-05-08 15:59:44 |
| Year High | 57.25 | Year High Date | 2018-09-26 |
| Year Low | 28.52 | Year Low Date | 2018-02-09 |
| 52wk High | 24.64 | 52wk High Date | 2023-12-20 |
| 52wk Low | 16.02 | 52wk Low Date | 2023-05-09 |
| Average Volume | 698,005 | Shares Outstanding | 107,439 |
| Market Cap | 3,985M | Assets | 918,927,000M |
| Liabilities | 302,075,000M | P/E Ratio | 119 |
| Volatility | 52.29 |