August 18, 2025 a 11:45 am
CPRT: Fibonacci Analysis - Copart, Inc.
Copart, Inc., a leader in online vehicle auctions, shows significant potential for investors due to its robust services across multiple countries. The company's diverse offerings create a dynamic marketplace that has remained resilient despite market fluctuations. This analysis focuses on identifying potential entry points and levels of support and resistance using Fibonacci retracement.
Fibonacci Analysis
| Start Date | End Date | High Price | High Date | Low Price | Low Date |
|---|---|---|---|---|---|
| 2024-12-19 | 2025-08-15 | $63.84 | 2025-05-16 | $45.33 | 2025-07-31 |
| Fibonacci Level | Price Level |
|---|---|
| 0.236 | $51.13 |
| 0.382 | $53.69 |
| 0.5 | $54.59 |
| 0.618 | $57.12 |
| 0.786 | $59.98 |
The current price is in the 0.382 retracement zone, indicating a potential consolidation before further movement. This zone could act as a support level for the stock, offering a strategic entry point for buyers.
Conclusion
The analysis identifies a dominant downtrend from December 2024 to August 2025 with potential retracement zones. Copart, Inc., with its diverse service offerings, presents an opportunity for recovery and growth. Investors are advised to monitor these key Fibonacci levels, as they may provide critical insights into future price action. Support found near the 0.382 level suggests a short-term buying opportunity, while long-term trends will depend on broader market factors and company performance.