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Copart Inc Crosses Above its 10-day MA (CPRT)

By Amy Schwartz

Copart Inc (NASDAQ:CPRT) crossed over its 10-day moving average of $68.18 on a volume of 389K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Copart Inc share prices have moved between a 52-week high of $104.88 and a 52-week low of $55.69 and are now trading 27% above that low price at $70.59 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 3.6%.

SmarTrend is monitoring the recent change of momentum in Copart Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Copart Inc in search of a potential trend change.

Keywords: moving crosses copart inc

Ticker(s): CPRT