BEST STOCKS TO BUY TODAY: CPRT @05/12/2023
| Ticker | CPRT, Copart, Inc. | Note |
| Last Price | 81.81 | |
| Buy | 81.81 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 89.99 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 78.97 | |
| Reward/Risk | 2.88 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 1.07 | |
| Beta | 1.23 | |
| RSI(14) | 76.41 | |
| SMA20 | 4.25% | Distance to SMA20 |
| SMA50 | 9.53% | Distance to SMA50 |
| Recommendation | 1.80 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. CPRT is one of them. Let’s take a look at this stock’s chart (The first chart below is a live chart).
Normally we don’t chase high because chasing high most of the time you need to very fast, as soon as you see the moving stops, you need to get out. Stocks rise fast, and fall faster. CPRT today made almost a all time high and it breaks out the uptrend line. So technically speaking, this is the sign of rise speeding acceleration. So it is a good buy, but also be cautions. Get out as soon as it closes below ma5.
