Cargurus Stock Technical Analysis

CARG Stock  USD 30.11  0.24  0.80%   
As of the 21st of March, CarGurus shows the Mean Deviation of 1.82, risk adjusted performance of (0.09), and Standard Deviation of 2.92. CarGurus technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm CarGurus information ratio and potential upside to decide if CarGurus is priced correctly, providing market reflects its regular price of 30.11 per share. Given that CarGurus has information ratio of (0.08), we suggest you to validate CarGurus's prevailing market performance to make sure the company can sustain itself at a future point.

CarGurus Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CarGurus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CarGurus
  
CarGurus' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

CarGurus Analyst Consensus

Target PriceAdvice# of Analysts
39.42Strong Buy14Odds
CarGurus current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CarGurus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CarGurus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CarGurus, talking to its executives and customers, or listening to CarGurus conference calls.
CarGurus Analyst Advice Details
CarGurus technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of CarGurus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CarGurus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

CarGurus Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of CarGurus volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CarGurus Trend Analysis

Use this graph to draw trend lines for CarGurus. You can use it to identify possible trend reversals for CarGurus as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CarGurus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

CarGurus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CarGurus applied against its price change over selected period. The best fit line has a slop of   0.13  , which may suggest that CarGurus market price will keep on failing further. It has 122 observation points and a regression sum of squares at 636.74, which is the sum of squared deviations for the predicted CarGurus price change compared to its average price change.

About CarGurus Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of CarGurus on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of CarGurus based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CarGurus price pattern first instead of the macroeconomic environment surrounding CarGurus. By analyzing CarGurus's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of CarGurus's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to CarGurus specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 2025 (projected)
Days Sales Outstanding10.3215.9518.0616.14
PTB Ratio2.264.447.056.7

CarGurus March 21, 2025 Technical Indicators

Most technical analysis of CarGurus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CarGurus from various momentum indicators to cycle indicators. When you analyze CarGurus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

CarGurus March 21, 2025 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as CarGurus stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for CarGurus Stock analysis

When running CarGurus' price analysis, check to measure CarGurus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarGurus is operating at the current time. Most of CarGurus' value examination focuses on studying past and present price action to predict the probability of CarGurus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarGurus' price. Additionally, you may evaluate how the addition of CarGurus to your portfolios can decrease your overall portfolio volatility.
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