CARVANA CO (CVNA) Technical Analysis
NYSE:CVNA • US1468691027
Current stock price
374.21 USD
+14.94 (+4.16%)
At close:
374.5 USD
+0.29 (+0.08%)
After Hours:
CVNA Technical Rating and Analysis
Taking everything into account, CVNA scores 6 out of 10 in our technical rating. In the past year, CVNA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that CVNA is one of the better performing stocks in the market, outperforming 82% of all stocks.
- CVNA is one of the better performing stocks in the Specialty Retail industry, it outperforms 85% of 122 stocks in the same industry.
- In the last month CVNA has a been trading in the 272.32 - 383.92 range, which is quite wide. It is currently trading near the high of this range.
- CVNA has an average volume of 3660430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CVNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVNA is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CVNA Weekly and Daily overview Charts
CVNA Setup Rating and Analysis
CVNA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CVNA Support and Resistance Analysis
212.91
377.95
We found 4 important support areas.
- A support zone ranging from 326.92 to 333.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @306.67 from a trend line in the daily time frame.
- Support @290.78 from a trend line in the weekly time frame.
- Support @215.06 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CVNA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVNA is up. |
| ChartMill Relative Strength | 82.49 | POSITIVE | CVNA has a high relative strength, it outperformed 82.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CVNA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.48 | NEUTRAL | The RSI value for CVNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 9.19 | POSITIVE | The MACD value suggests CVNA has a positive trend. |
| Stochastics (14,3) | 92.08 | OVERBOUGHT | The high Stochastics value suggests CVNA may be overbought. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for CVNA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.26 | 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
374.21
+14.94 (+4.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg4.16%
1 Week16.86%
2 Weeks28.68%
1 Month22.3%
3 Month-15.55%
6 Month12.1%
12 Month77.01%
2 Year351.29%
3 Year5292.07%
5 Year31.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)21.1
ATR(20)%5.49%
ATR Inc35.21%
Range Today19.29
ADR(20)18.35
ADR(20)%4.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.49
3 months CRS20.2
6 months CRS75.54
Mansfield0.03
10 Day High383.92
10 Day Low287.11
20 Day High383.92
20 Day Low272.32
52 Week High486.89
52 Week Low194.02
CS1 End333.37
CR1 StartN/A
Volume & EV
DER(3)3.26%
DER(5)2.61%
Volume5.30M
Volume Incr2.87%
Vol(5)2.93M
Vol(50)3.66M
CARVANA CO / CVNA TA FAQ
What is the technical rating for CVNA stock?
ChartMill assigns a technical rating of 6 / 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 CARVANA CO (CVNA) stock?
CARVANA CO (CVNA) has an RSI value of 66.4781. This indicates that the stock is currently neutral.
What is the MACD signal for CVNA stock?
The MACD indicator for CARVANA CO (CVNA) has a value of 9.19359, indicating a bullish trend.
What is the short term momentum for CARVANA CO (CVNA) stock?
The short term momentum for CARVANA CO (CVNA) is positive.