Copart (CPRT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for CPRT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$29.40last close · Aug 4, 202652-week range $26.81$50.11 · 41.33% below the high

CPRT Falling Wedge Pattern

CPRT is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $58.02 (+8.8%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; CPRT's own falling wedges have hit 69.2%.

DirectionBullishTarget$58.02Projected move+8.8%Breakout level$53.39

New to this pattern? What a falling wedge is and how to trade it →

CPRT's Most Recent Falling Wedge Trade

CPRT's most recent completed falling wedge resolved as a loss: it broke higher on Jun 13, 2024 near $53.82, then was stopped out at $51.65 on Jul 18, 2024 — a -1.49R move (4.0%) over 23 sessions. Across 136 backtested falling wedges, this setup wins 55.1% of the time.

OutcomeLossResult-1.49REntry$53.82Exit$51.65

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
CPRT win rate
69.2%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

CPRT Pattern Trade History

Every completed pattern trade our nightly backtest found on CPRT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 13, 2024 @ $53.82Jul 18, 2024 @ $51.65Loss-1.49R
Bullish PennantJun 5, 2024 @ $53.35Jul 18, 2024 @ $51.65Loss-1.05R
TriangleMay 21, 2024 @ $54.44May 29, 2024 @ $52.10Win+1.41R
Falling WedgeJan 18, 2024 @ $48.05Feb 13, 2024 @ $49.23Win+0.64R
Falling WedgeOct 5, 2023 @ $44.03Oct 18, 2023 @ $45.23Win+0.75R
Rising WedgeSep 20, 2023 @ $44.02Oct 11, 2023 @ $46.15Loss-1.31R
Rising WedgeNov 10, 2022 @ $29.36Dec 6, 2022 @ $32.12Win+1.64R
Rising WedgeAug 5, 2022 @ $31.93Aug 15, 2022 @ $32.85Loss-1.07R
Rising WedgeJul 18, 2022 @ $29.23Aug 9, 2022 @ $31.60Win+1.20R
Falling WedgeJul 6, 2022 @ $28.23Aug 9, 2022 @ $31.60Win+2.00R
TriangleJun 10, 2022 @ $26.99Jul 19, 2022 @ $30.35Loss-1.43R
Falling WedgeMay 6, 2022 @ $27.79Jun 16, 2022 @ $25.71Win+1.03R

CPRT Support and Resistance Levels

Price found a floor near $27.31 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $56.48 — still about 92% away.

  • Traders commonly watch $56.48 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $27.31 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $28.11, resistance near $100.93. These are chart/swing-derived levels, not formula pivots.

Resistance
$100.93$123.92
Support
$28.11$27.58$27.41

CPRT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$29.05$29.47$28.83$29.40
Aug 3, 2026$29.60$30.07$29.06$29.35
Jul 31, 2026$29.00$29.24$28.78$29.12
Jul 30, 2026$30.26$30.26$28.86$29.57
Jul 29, 2026$30.62$31.42$30.20$30.82
Jul 28, 2026$30.44$31.20$30.44$30.69
Jul 27, 2026$28.36$29.94$28.21$29.79
Jul 24, 2026$27.30$28.13$27.14$27.94
Jul 23, 2026$27.10$27.23$26.81$27.20
Jul 22, 2026$27.49$27.60$26.98$27.17

CPRT Frequently Asked Questions

What chart pattern is CPRT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Copart (CPRT) on the daily chart, with a measured-move target of $58.02.
Is a falling wedge bullish or bearish?
The falling wedge detected on CPRT is a bullish pattern, projecting a measured-move target of $58.02. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for CPRT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), CPRT's nearest support is around $28.11 and nearest resistance around $100.93.
What is the price target if CPRT's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $58.02 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was CPRT's closing price on Aug 4, 2026?
Copart (CPRT) last closed at $29.40 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.