Copart: MACD Death Cross & Narrowing Bollinger Bands Signal Potential Reversal

Based on the 15-minute chart for Copart, the MACD indicator has recently crossed below the signal line, known as a "Death Cross," which typically signals a potential downtrend in the stock price. Additionally, the Bollinger Bands have narrowed, indicating a decrease in the magnitude of stock price fluctuations. These technical indicators suggest that the stock price may continue to decline in the near term.