Weekly structural research · MEX · Industrials

CPRT Stage Analysis

Copart, Inc.

Week ending 25 Sep 2026Close MXN 491.00Tenure NewBenchmark ^MXX

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Balance · Balance after decline

Directional pressure has compressed into balance.

Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base.

The Trend gate is down within the current regime.
Fast Activity versus Slow Activity: improving.
Activity structure: compressed and contracting.

Direction -52−100 bearish to +100 bullish

Energy 28/100directional strength

Maturity 29/100lifecycle context

Confidence 59/100evidence agreement

Trend gate Downstructural direction

Activity structure Compressedcontracting separation

Price acceptance +16.7%position within the Activity structure

Fair Value context -43.6%MXN 870.27 · weakening

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Rotation UpStructure is turning higher.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.
Rotation DownStructure is turning lower.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-09-25	491.00	550.52	-20.51	505	Balance	-52	28
2026-09-18	542.00	554.42	-11.05	386	Balance	-7	19
2026-09-11	521.01	556.91	-16.10	70	Balance	-11	27
2026-09-04	549.88	563.47	-13.83	139	Downward Expansion	-2	25
2026-08-28	565.22	569.08	-13.35	65	Downward Expansion	-5	19
2026-08-21	572.50	574.17	-13.69	17	Downward Expansion	-16	18
2026-08-14	490.00	579.02	-25.55	0	Downward Expansion	-73	67
2026-08-07	498.00	586.25	-28.23	10	Downward Expansion	-66	66
2026-07-31	520.00	593.49	-26.07	0	Downward Expansion	-68	68
2026-07-24	472.40	599.49	-33.16	0	Downward Expansion	-93	87
2026-07-17	495.29	607.07	-31.18	1854	Downward Expansion	-85	74
2026-07-10	490.00	614.06	-32.71	0	Downward Expansion	-96	95
2026-07-03	520.00	621.51	-30.21	0	Downward Expansion	-80	92
2026-06-26	531.30	627.38	-29.85	7013	Downward Expansion	-72	90
2026-06-19	518.23	633.67	-32.97	0	Downward Expansion	-94	98
2026-06-12	540.90	641.05	-31.32	0	Downward Expansion	-84	94
2026-06-05	533.00	648.05	-31.40	0	Downward Expansion	-91	92
2026-05-29	572.00	654.92	-29.99	835	Downward Expansion	-66	59
2026-05-22	572.74	662.16	-30.63	133	Downward Expansion	-69	61
2026-05-15	579.00	670.60	-30.80	26	Downward Expansion	-62	52
2026-05-08	585.20	678.16	-33.22	2054	Downward Expansion	-62	56
2026-05-01	581.00	685.72	-33.06	210	Downward Expansion	-65	64
2026-04-24	587.00	694.06	-34.96	117	Downward Expansion	-68	67
2026-04-17	575.50	702.09	-37.92	405	Downward Expansion	-72	76
2026-04-10	567.20	711.00	-40.23	2052	Downward Expansion	-82	89
2026-04-03	587.16	722.09	-39.11	666	Downward Expansion	-77	89
2026-03-27	591.45	732.52	-37.12	4029	Downward Expansion	-80	81
2026-03-20	589.00	743.03	-35.98	1923	Downward Expansion	-85	93
2026-03-13	610.13	753.75	-36.17	10143	Downward Expansion	-83	93
2026-03-06	667.60	762.91	-33.01	7726	Downward Expansion	-63	80
2026-02-27	607.80	769.33	-43.39	13111	Downward Expansion	-91	95
2026-02-20	616.70	777.58	-43.56	1721	Downward Expansion	-89	73
2026-02-13	718.00	785.83	-35.45	0	Downward Expansion	-43	39
2026-02-06	718.00	790.57	-35.82	0	Downward Expansion	-46	45
2026-01-30	718.00	796.17	-33.76	104	Downward Expansion	-48	45
2026-01-23	718.00	802.84	-35.36	78	Downward Expansion	-51	50
2026-01-16	707.00	809.21	-36.28	106	Downward Expansion	-64	59
2026-01-09	715.00	816.64	-35.49	494	Downward Expansion	-66	63
2026-01-02	700.00	823.81	-35.91	0	Downward Expansion	-71	67
2025-12-26	700.00	832.66	-38.29	3114	Downward Expansion	-73	69
2025-12-19	705.00	842.49	-37.23	2153	Downward Expansion	-74	70
2025-12-12	713.39	858.19	-38.15	400	Downward Expansion	-71	69
2025-12-05	696.10	874.58	-39.26	417	Downward Expansion	-89	92
2025-11-28	720.00	891.21	-38.28	397	Downward Expansion	-84	90
2025-11-21	739.50	907.05	-35.85	1203	Downward Expansion	-82	86
2025-11-14	751.00	921.90	-36.21	274	Downward Expansion	-83	73
2025-11-07	739.00	936.77	-38.89	3688	Downward Expansion	-94	77
2025-10-31	789.45	951.34	-34.73	1489	Downward Expansion	-84	73
2025-10-24	825.76	963.52	-30.48	327	Downward Expansion	-68	68
2025-10-17	806.00	973.82	-33.22	467	Downward Expansion	-81	93
2025-10-10	812.00	982.72	-31.93	1216	Downward Expansion	-85	85
2025-10-03	831.00	994.22	-32.41	13276	Downward Expansion	-81	72
2025-09-26	827.82	1,005.09	-33.43	1920	Downward Expansion	-88	74
2025-09-19	842.90	1,016.06	-31.35	9716	Downward Expansion	-86	69
2025-09-12	899.85	1,028.13	-27.78	7531	Downward Expansion	-47	51
2025-09-05	900.00	1,038.56	-26.51	296	Downward Expansion	-50	55
2025-08-29	907.00	1,047.95	-24.03	3495	Downward Expansion	-54	65
2025-08-22	910.50	1,058.39	-24.71	5480	Downward Expansion	-56	60
2025-08-15	884.99	1,067.07	-25.91	287	Downward Expansion	-68	67
2025-08-08	860.00	1,076.94	-27.87	7986	Downward Expansion	-70	69
2025-08-01	855.50	1,087.64	-26.98	1278	Downward Expansion	-77	72
2025-07-25	864.23	1,098.49	-27.03	86	Downward Expansion	-78	72
2025-07-18	860.00	1,110.85	-26.22	3860	Downward Expansion	-87	93
2025-07-11	886.00	1,123.35	-24.56	1993	Downward Expansion	-83	94
2025-07-04	918.20	1,135.87	-23.84	2136	Downward Expansion	-73	90
2025-06-27	909.00	1,147.33	-24.06	7608	Downward Expansion	-82	94
2025-06-20	930.00	1,160.46	-20.98	150	Downward Expansion	-83	94
2025-06-13	930.00	1,172.23	-22.75	942	Downward Expansion	-88	96
2025-06-06	965.52	1,178.30	-20.84	10300	Downward Expansion	-87	92
2025-05-30	995.00	1,183.18	-18.27	15549	Downward Expansion	-78	67
2025-05-23	1,176.00	1,185.01	-4.25	1230	Rotation Up	15	18
2025-05-16	1,205.00	1,180.03	-0.81	56	Rotation Up	36	41
2025-05-09	1,195.19	1,176.34	1.34	0	Rotation Up	30	33
2025-05-02	1,195.19	1,172.87	3.14	5360	Balance	20	28
2025-04-25	1,185.00	1,167.56	1.10	11	Balance	11	19
2025-04-18	1,197.00	1,161.06	9.73	2073	Rotation Down	11	13
2025-04-11	1,176.00	1,154.16	11.62	312	Rotation Down	-25	28
2025-04-04	1,155.00	1,147.96	10.40	31	Rotation Down	-25	48
2025-03-28	1,134.85	1,142.46	5.57	276	Rotation Down	-25	54
2025-03-21	1,073.00	1,139.53	1.20	1942	Rotation Down	-52	63
2025-03-14	1,157.00	1,136.90	9.86	0	Deceleration	-4	21
2025-03-07	1,157.00	1,130.53	9.65	0	Deceleration	2	10
2025-02-28	1,157.00	1,123.67	11.26	236	Deceleration	15	16
2025-02-21	1,205.00	1,117.60	13.46	134	Deceleration	50	43
2025-02-14	1,212.55	1,108.70	14.27	580	Deceleration	59	36
2025-02-07	1,181.89	1,099.30	14.90	55	Deceleration	38	25
2025-01-31	1,220.00	1,092.62	23.25	6778	Deceleration	48	30
2025-01-24	1,171.00	1,085.19	19.06	177	Deceleration	35	37
2025-01-17	1,181.00	1,079.39	24.45	67	Deceleration	40	33
2025-01-10	1,181.00	1,072.82	26.50	0	Upward Expansion	46	45
2025-01-03	1,181.00	1,066.17	29.39	113	Upward Expansion	52	56
2024-12-27	1,235.00	1,059.81	35.64	0	Upward Expansion	65	66
2024-12-20	1,235.00	1,048.37	36.26	158	Upward Expansion	67	88
2024-12-13	1,261.85	1,037.01	35.15	0	Upward Expansion	69	89
2024-12-06	1,261.85	1,025.16	37.24	2077	Upward Expansion	78	92
2024-11-29	1,303.00	1,014.57	47.61	9	Upward Expansion	95	98
2024-11-22	1,283.00	1,002.35	45.17	7479	Upward Expansion	95	96
2024-11-15	1,111.99	990.68	26.96	0	Upward Expansion	78	62
2024-11-08	1,111.99	984.43	24.36	3559	Upward Expansion	83	77
2024-11-01	1,050.00	978.10	21.02	2862	Upward Expansion	63	76
2024-10-25	1,026.61	974.87	16.31	688	Upward Expansion	63	78
2024-10-18	1,094.20	972.88	21.43	138	Upward Expansion	82	87
2024-10-11	1,091.10	968.65	23.00	3818	Upward Expansion	82	71
2024-10-04	1,036.00	964.18	17.02	265	Upward Expansion	69	40
2024-09-27	990.00	960.58	12.02	0	Upward Expansion	49	28
2024-09-20	990.00	957.84	13.77	0	Upward Expansion	56	52
2024-09-13	990.00	953.34	14.64	0	Upward Expansion	57	59
2024-09-06	990.00	948.48	17.24	3193	Upward Expansion	58	57
2024-08-30	1,047.00	943.72	20.29	777	Deceleration	79	61
2024-08-23	994.00	937.06	13.72	574	Deceleration	62	35
2024-08-16	966.00	932.44	9.90	101	Deceleration	32	16
2024-08-09	951.00	926.93	10.81	1360	Deceleration	27	22
2024-08-02	975.00	921.91	15.92	2197	Deceleration	38	24
2024-07-26	938.00	917.98	10.95	5325	Upward Expansion	32	19
2024-07-19	930.50	915.29	8.82	1480	Upward Expansion	49	43
2024-07-12	981.40	912.85	12.51	613	Upward Expansion	67	85
2024-07-05	997.11	908.71	20.52	0	Upward Expansion	72	89
2024-06-28	997.11	902.61	20.98	2832	Upward Expansion	77	91
2024-06-21	984.04	898.16	19.29	5036	Upward Expansion	78	86
2024-06-14	981.40	894.50	20.90	1174	Deceleration	82	59
2024-06-07	990.24	890.72	21.03	1233	Deceleration	74	35
2024-05-31	891.66	884.76	5.22	241	Deceleration	-9	28
2024-05-24	894.29	882.09	5.34	2230	Deceleration	22	22
2024-05-17	906.35	880.24	2.97	2440	Deceleration	44	36
2024-05-10	944.00	877.99	7.34	447	Deceleration	53	50
2024-05-03	936.40	872.02	8.02	410	Deceleration	46	43
2024-04-26	933.00	866.31	6.81	69	Upward Expansion	50	51
2024-04-19	924.50	860.71	10.03	239	Upward Expansion	63	62
2024-04-12	922.08	856.11	8.87	816	Upward Expansion	67	67
2024-04-05	953.00	851.59	10.09	487	Upward Expansion	68	88
2024-03-29	967.15	846.42	13.71	0	Upward Expansion	81	93
2024-03-22	967.15	839.18	15.91	270	Upward Expansion	90	97
2024-03-15	957.12	831.81	16.19	1389	Upward Expansion	95	98
2024-03-08	927.76	824.59	15.95	728	Upward Expansion	93	94
2024-03-01	908.00	818.34	12.96	82	Upward Expansion	87	77
2024-02-23	855.00	812.89	4.88	157	Upward Expansion	50	46
2024-02-16	844.00	809.73	3.09	78	Deceleration	41	35
2024-02-09	847.30	807.24	3.57	0	Deceleration	53	27
2024-02-02	847.30	805.11	2.28	1195	Deceleration	39	26
2024-01-26	855.40	802.42	6.18	212	Deceleration	45	27
2024-01-19	800.50	799.47	2.38	0	Deceleration	14	19
2024-01-12	800.50	798.32	2.58	884	Upward Expansion	28	22
2024-01-05	857.24	796.45	9.20	0	Upward Expansion	66	54
2023-12-29	857.24	793.71	7.48	0	Upward Expansion	67	50
2023-12-22	857.24	790.40	8.05	0	Upward Expansion	69	52
2023-12-15	857.24	787.69	8.88	4464	Upward Expansion	70	59
2023-12-08	814.07	782.91	8.91	591	Upward Expansion	64	62
2023-12-01	863.50	779.58	16.93	342	Upward Expansion	73	82
2023-11-24	874.29	774.39	21.34	475	Upward Expansion	87	73
2023-11-17	868.00	768.85	21.96	103	Upward Expansion	89	93
2023-11-10	811.50	763.42	18.07	0	Upward Expansion	64	86
2023-11-03	811.50	759.21	18.85	1780	Upward Expansion	63	84
2023-10-27	838.80	754.38	29.51	0	Upward Expansion	93	95
2023-10-20	838.80	748.65	32.46	2710	Upward Expansion	90	63
2023-10-13	765.00	742.54	19.08	0	Upward Expansion	45	33
2023-10-06	765.00	738.87	19.02	0	Upward Expansion	60	51

Price vs TrendBelow-10.8%

Trend directionFalling-9.3%

Price vs current Fair ValueBelow anchor-43.6%

Fair Value directionMoving away-3.2%

Relative Strength vs benchmarkLagging-20.5%

Relative strength directionImproving+9.3%

Price momentumNegative-17.0%

Volume balanceDemand-led2.86×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

-52 / ±100

-47.0 points since 2026-08-28

Energy

28 /100

+8.6 points since 2026-08-28

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

CPRT Directional State ↗ CPRT Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance41

Rotation Up26

Upward Expansion19

Deceleration57

Rotation Down45

Downward Expansion60

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-10-06 to 2026-09-25 · 156 classified observations out of 156 shown.

Balance 3%Rotation Up 2%Upward Expansion 32%Deceleration 17%Rotation Down 3%Downward Expansion 43%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Balance	2026-09-11	2026-09-25	New	-5.8%
Downward Expansion	2025-05-30	2026-09-04	Extended	-44.7%
Rotation Up	2025-05-09	2025-05-23	New	-1.6%
Balance	2025-04-25	2025-05-02	New	+0.9%
Rotation Down	2025-03-21	2025-04-18	Developing	+11.6%
Deceleration	2025-01-17	2025-03-14	Developing	-2.0%
Upward Expansion	2024-09-06	2025-01-10	Established	+19.3%
Deceleration	2024-08-02	2024-08-30	Developing	+7.4%
Upward Expansion	2024-06-21	2024-07-26	Developing	-4.7%
Deceleration	2024-05-03	2024-06-14	Developing	+4.8%
Upward Expansion	2024-02-23	2024-04-26	Developing	+9.1%
Deceleration	2024-01-19	2024-02-16	Developing	+5.4%
Upward Expansion	2023-09-22	2024-01-12	Established	+1.8%
Deceleration	2023-08-18	2023-09-15	Developing	+6.2%

Classic Stage Analysis comparison

Stage 1 · Basing66

Stage 2 · Advancing0

Stage 3 · Distribution6

Stage 4 · Declining100

Legacy result: Stage 4 · Stage 4B · Declining. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^MXX

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Lagging benchmark

Architecture confirmation: 71/100
Current Relative Strength: -20.51
Relative Strength direction: Improving
Price momentum: -17.0%
Excess performance vs benchmark: -14.4%
Industrials regime cohort: 20th percentile5 in cohort

Test CPRT trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume0.91×

Latest completed volume relative to typical participation.

Up/down volume2.86×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 0

Recent participation evidence classified by demand and supply.

Activity alignment+25.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationImproving

Current relationship between Fast Activity and Slow Activity.

Structure stability+37.5%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore CPRT Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity MXN 523.40falling

Slow Activity MXN 532.87falling

Trend Reference MXN 550.52-10.8% close margin

Current Fair Value MXN 870.27-43.6% close margin

Structural low MXN 472.40shock / repair context

What changes the read?

Persistent fast/slow separation and fan expansion would end Balance; direction determines whether it becomes Rotation Up or Rotation Down.

Range context +5.8%

Annualized volatility +36.2%

From structural high -41.9%

From structural low +3.9%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs ^MXX	Regime survived	Read
Near term	1	-0.8%-0.8% to -0.8%	+0.0%	+0.0%	-3.7%	+0.0%	Too little matched history
Intermediate	1	-27.1%-27.1% to -27.1%	+0.0%	+0.0%	-28.1%	+0.0%	Too little matched history
Extended	1	-30.3%-30.3% to -30.3%	+0.0%	+0.0%	-38.1%	+0.0%	Too little matched history
Full cycle	1	-50.5%-50.5% to -50.5%	+0.0%	+0.0%	-72.5%	+0.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

CPRT Stage Analysis

What the Activity Line geometry says now

Directional pressure has compressed into balance.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

Directional pressure has compressed into balance.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Lagging benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Similar Charts

RMI Reversal Map