CARVANA CO (CVNA)

US1468691027 - Common Stock

121.67  +5.17 (+4.44%)

After market: 122.2 +0.53 (+0.44%)

Technical Rating and Analysis

10

Taking everything into account, CVNA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVNA is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CVNA is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by CVNA over the past year are nicely spread over this period.
CVNA is one of the better performing stocks in the Specialty Retail industry, it outperforms 99% of 126 stocks in the same industry.
A new 52 week high is currently being made by CVNA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so CVNA is leading the market.
In the last month CVNA has a been trading in the 67.61 - 124.20 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CVNA has an average volume of 6456580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CVNA Weekly chart
CVNA Daily chart
Setup Rating and Analysis

2

Although CVNA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

74.34

122.89

When analyzing the support we notice one important area.

  • Support @75.09 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.91
Mansfield14.02
10 Day High124.2
10 Day Low67.61
20 Day High124.2
20 Day Low67.61
52 Week High124.2
52 Week Low8.86
Performance
1 Week44.31%
2 Weeks70.5%
1 Month45.12%
3 Month180.02%
6 Month276.92%
12 Month1257.92%
2 Year313.28%
3 Year-54.1%
5 Year110.21%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)4.62
RSI(14)83.42
LBB50.98
UBB114.52
CVNA Daily chart

CARVANA CO

NYSE:CVNA (5/3/2024, 7:04:00 PM)

After market: 122.2 +0.53 (+0.44%)

121.67

+5.17 (+4.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.44%
1 Week44.31%
2 Weeks70.5%
1 Month45.12%
3 Month180.02%
6 Month276.92%
12 Month1257.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.49
ATR(20)%5.55%
ATR Inc
Range Today8.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High124.2
10 Day Low67.61
20 Day High124.2
20 Day Low67.61
52 Week High124.2
52 Week Low8.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.53M
Volume Incr206.96%
Vol(5)11.08M
Vol(50)6.46M