(CVNA) Carvana Co complete technical analysis [charts+indicators] | Buy/Sell Carvana Co | (CVNA) share price targets
Complete technical analysis of Carvana Co (CVNA) by charts plus indicators, forecast predictions and share price targets for Carvana Co (CVNA)
Carvana Co trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-05-29 View latest technical analysis
10 day averaged volume of Carvana Co is 3042983
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 105.05 | 103.00 | 107.27 | 101.54 | 0.908 times |
| 28 Tue May 2024 | 104.59 | 110.75 | 111.01 | 103.31 | 1.117 times |
| 24 Fri May 2024 | 109.15 | 111.91 | 112.79 | 108.57 | 0.805 times |
| 23 Thu May 2024 | 109.91 | 116.00 | 116.65 | 108.66 | 1.069 times |
| 22 Wed May 2024 | 115.72 | 115.98 | 118.43 | 114.42 | 0.802 times |
| 21 Tue May 2024 | 115.03 | 116.67 | 117.71 | 113.68 | 0.721 times |
| 20 Mon May 2024 | 117.50 | 116.40 | 120.92 | 114.88 | 0.831 times |
| 17 Fri May 2024 | 117.50 | 117.83 | 118.93 | 115.48 | 0.898 times |
| 16 Thu May 2024 | 117.93 | 120.36 | 123.44 | 117.29 | 1.159 times |
| 15 Wed May 2024 | 121.07 | 123.12 | 123.51 | 117.74 | 1.24 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 106.4, but if it comes above 106.4, then a intra day buy could be more profitable.
If you take a sell trade below 106.4, then use 106.4 as stoploss and 96.8 as target. However if you take a buy trade in stock , then use 106.4 as stoploss and 114.4 as target.
Share price targets for Carvana Co (CVNA)
| Target Type | Value |
| Downside Target | 40.21 |
| Downside Target | 51.62 |
| Downside Target | 67.61 |
| Downside Target | 74.42 |
| Downside Target | 80.07 |
| Downside Target | 82.00 |
| Downside Target | 88.48 |
| Downside Target | 94.04 |
| Downside Target | 101.54 |
| Upside Target | 108.57 |
| Upside Target | 111.01 |
| Upside Target | 115.48 |
| Upside Target | 120.92 |
| Upside Target | 124.20 |
| Upside Target | 124.62 |
| Upside Target | 129.00 |
Intraday share price targets for Carvana Co (CVNA)
| Target Type | Value |
| Downside Intraday Target | 100.72 |
| Downside Intraday Target | 96.4 |
| Upside Intraday Target | 110.19 |
| Upside Intraday Target | 115.34 |
| Upside Intraday Target | 105.87 |
Weekly technical analysis of Carvana Co (CVNA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 105.05 | 110.75 | 111.01 | 101.54 | 0.479 times |
| 24 Fri May 2024 | 109.15 | 116.40 | 120.92 | 108.57 | 0.688 times |
| 17 Fri May 2024 | 117.50 | 119.60 | 124.62 | 115.48 | 0.844 times |
| 10 Fri May 2024 | 117.00 | 124.30 | 129.00 | 112.62 | 0.4 times |
| 03 Fri May 2024 | 121.67 | 85.76 | 124.20 | 80.07 | 2.84 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Carvana Co (CVNA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 105.05 | 82.58 | 129.00 | 82.00 | 1.316 times |
| 30 Tue Apr 2024 | 82.92 | 87.58 | 88.48 | 67.61 | 0.776 times |
| 28 Thu Mar 2024 | 87.91 | 76.65 | 94.04 | 74.42 | 0.532 times |
| 29 Thu Feb 2024 | 75.93 | 43.48 | 83.37 | 40.21 | 1.628 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Carvana Co (CVNA)
Price action analysis of Carvana Co ( (CVNA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Carvana Co ( (CVNA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Carvana Co ( (CVNA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Carvana Co ( (CVNA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Carvana Co stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Carvana Co in short term but the sell signal is initial and weak.
Carvana Co Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Carvana Co in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Carvana Co is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 113.43 and Carvana Co (CVNA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Carvana Co (CVNA) stock. Volume based technical analysis of Carvana Co (CVNA) stock is negative.
Carvana Co Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Carvana Co ( (CVNA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Carvana Co ( (CVNA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Carvana Co ( (CVNA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Carvana Co ( (CVNA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Carvana Co stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Carvana Co in short term but the sell signal is initial and weak.
Carvana Co Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Carvana Co in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Carvana Co is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 113.43 and Carvana Co (CVNA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Carvana Co (CVNA) stock. Volume based technical analysis of Carvana Co (CVNA) stock is negative.
Carvana Co Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.