CARVANA CO (CVNA) Technical Analysis
NYSE:CVNA • US1468691027
Current stock price
314.74 USD
+8.77 (+2.87%)
At close:
314.74 USD
0 (0%)
After Hours:
CVNA Technical Rating and Analysis
Overall CVNA gets a technical rating of 1 out of 10. CVNA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- CVNA is part of the Specialty Retail industry. There are 124 other stocks in this industry. CVNA outperforms 77% of them.
- CVNA has an average volume of 4088400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CVNA is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- CVNA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVNA is lagging the market slightly.
- In the last month CVNA has a been trading in the 288.50 - 366.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CVNA Weekly and Daily overview Charts
CVNA Setup Rating and Analysis
Although the technical rating is bad, CVNA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
CVNA Support and Resistance Analysis
209.06
477.46
We found 4 important support areas.
- Support @300.14 from a horizontal line in the weekly time frame.
- A support zone ranging from 290.05 to 290.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @253.78 from a trend line in the weekly time frame.
- Support @211.17 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @331.17 from a horizontal line in the daily time frame.
- Resistance @472.73 from a horizontal line in the daily time frame.
CVNA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CVNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVNA is down. |
| ChartMill Relative Strength | 76.29 | POSITIVE | CVNA has a high relative strength, it outperformed 76.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.36 | NEUTRAL | The RSI value for CVNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests CVNA has a positive trend. |
| Stochastics (14,3) | 14.92 | OVERSOLD | The low Stochastics value suggests CVNA may be oversold. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for CVNA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.41 | POSITIVE | The high ADX value value for CVNA suggests a strong trend. |
CVNA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CVNA Technicals: Chart, Performance Metrics, Trend & Indicators
314.74
+8.77 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.87%
1 Week-6.79%
2 Weeks-5.3%
1 Month-10.76%
3 Month-32.04%
6 Month-21.92%
12 Month60.24%
2 Year248.05%
3 Year3025.33%
5 Year16.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)20.15
ATR(20)%7.19%
ATR Inc-26.35%
Range Today11.25
ADR(20)20.35
ADR(20)%6.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.29
3 months CRS9.05
6 months CRS20.8
Mansfield-1.34
10 Day High332.05
10 Day Low288.5
20 Day High366.26
20 Day Low288.5
52 Week High486.89
52 Week Low148.25
CS1 End300.14
CR1 Start331.17
Volume & EV
DER(3)-0.11%
DER(5)-1.18%
Volume1.78M
Volume Incr-43.64%
Vol(5)2.63M
Vol(50)4.09M
CARVANA CO / CVNA TA FAQ
What is the technical rating for CVNA stock?
ChartMill assigns a technical rating of 1 / 10 to CVNA.
Can you provide the trend direction for CARVANA CO?
The current trend direction for CARVANA CO (CVNA) is Bearish.
What is the RSI signal for CVNA stock?
CARVANA CO (CVNA) has an RSI value of 38.3554. This indicates that the stock is currently neutral.
What is the short term momentum for CARVANA CO (CVNA) stock?
The short term momentum for CARVANA CO (CVNA) is negative.
What is the buy/sell signal for CARVANA CO (CVNA) stock?
The buy/sell signal for CARVANA CO (CVNA) is sell as both the short term and long term trends are negative.