CARVANA CO (CVNA)
US1468691027 - Common Stock
Taking everything into account, CVNA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CVNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 98% of 123 stocks in the same industry.
CVNA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CVNA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CVNA has an average volume of 3033750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, CVNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 248.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 240.99, a Stop Loss order could be placed below this zone.
More info and screens
152.09
252.57
We found 4 important support areas.
- A support zone ranging from 239.97 to 240.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @167.54 from a trend line in the weekly time frame.
- Support @162.73 from a trend line in the daily time frame.
- Support @153.63 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 248.39 to 250.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.61
Mansfield9.74
10 Day High254.84
10 Day Low235.2
20 Day High259.39
20 Day Low197.57
52 Week High259.39
52 Week Low29.84
Performance
1 Week3.3%
2 Weeks2.88%
1 Month24.05%
3 Month55.45%
6 Month127.56%
12 Month690.77%
2 Year3121.53%
3 Year-11.43%
5 Year160.58%
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)-1.08
RSI(14)68.14
LBB230.17
UBB254.36
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 250.08 | 239.96 | 10.12 (4.05%) | 24.71% |
| An entry @250.08. This is a Buy Stop order right above the resistance zone. | An exit @239.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.12 points, which is 4.05%. | For a 1.00% total portfolio risk, you can invest 24.71% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CVNA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CARVANA CO
NYSE:CVNA (11/21/2024, 8:21:39 PM)
Premarket: 250 +1.62 (+0.65%)248.38
+3.88 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.59%
1 Week3.3%
2 Weeks2.88%
1 Month24.05%
3 Month55.45%
6 Month127.56%
12 Month690.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.6
ATR(20)%4.39%
ATR Inc
Range Today6.2
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 High254.84
10 Day Low235.2
20 Day High259.39
20 Day Low197.57
52 Week High259.39
52 Week Low29.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.53M
Volume Incr-47.58%
Vol(5)1.74M
Vol(50)3.03M