Home | AI powered stock trade ideas | Market Signals | Breaking Out | New Green Signal Stocks | Recent Red Arrow Top Signals | Recent Green Arrow Bottom Signals | Near Term Bottom Signals | Green Stocks with Most Upside to Analyst Target Price | New Long Term Green AI Signals | Big Tech Stocks | ETF Sector SPDRs | Solar Stocks | Chip Stocks | Airline Stocks | Social Media Stocks | Oil Stocks| Discount Store Stocks | Entertainment Stocks | EV Stocks | Restaurant Stocks | Heavy Equipment Stocks | Aerospace Stocks | Home Builders | Bank Stock Signals | Cruise Ship Stock Signals | Mining Stocks | Free AI Portfolio Analyzer | How to Read and Trade AI Powered Stock Charts| Stock Charts AI top 50 Stocks

Recently Featured Stock Charts
86% AI Stock Prediction Accuracy
Enter Stock Symbol to View AI powered Stock Chart

StockChartsAI.com

All Chart Prices Delayed at least 15 minutes

Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.

Last Price: 109.15 - Change: -0.76 - Change %: -0.6915
05/24/2024 16:11:00 EST

Carvana Co (CVNA)

Industry: Auto & Truck Dealerships

Price Support Resistance

In the past 20 trading days, CVNA has been trading in a range between $122.97 and $82.92 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

CVNA is trading below resistance at $122.97, about 13% to the upside. There is support at $79.67 -27% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.

Upside / Downside Potential

Carvana Co $CVNA entered a Green zone 22 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $40.28, a potential down side of -63.35% from the recent price of 109.91. The stock is trading 17.37% (potential upside) below its 52 week high of $129.00 and 927.2 % (potential downside) above its 52 week low of $10.70 - based on the recent price.

Company Summary

Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.

CVNA Website

News

2 Large-Cap Stocks That Have Roughly Doubled Nvidia's Returns Over the Past Year
Super Micro Computer has been posting some impressive growth due to rising demand for AI servers. Carvana's business appears to be on a more positive trajectory with the company posting a profit last quarter and no longer burning cash.
Source: The Motley Fool
Sat, 25 May 2024 03:15:00 -0400
Sentiment: Positive
3 Transportation Stocks to Buy Now: May 2024
The transportation sector is vitally important to the economy. With 4.1 million miles of streets and highways, the U.S. has the most extensive road network in the world.
Source: InvestorPlace
Fri, 24 May 2024 12:43:11 -0400
Sentiment: Positive
Rejected by Robots: AI Thinks You Should Sell These 7 Meme Stocks Now
In this article, we delve into the world of meme stocks and explore the insights provided by cutting-edge AI algorithms. These advanced systems have analyzed market trends, and company fundamentals, to identify seven meme stocks to sell according to AI.
Source: InvestorPlace
Wed, 22 May 2024 16:45:00 -0400
Sentiment: Negative
Carvana Announces Investor Tour at its Rocklin, CA Inspection and Reconditioning Center
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, will host institutional investors and analysts for a tour of its Rocklin, CA Inspection and Reconditioning Center on Tuesday, June 25, 2024. Senior leadership from Carvana's Inventory and Fulfillment teams will share an overview of the facility's operations and answer questions. Space is limited. Investors and analysts may submit interest in attending in person through investors@carvana.
Source: Business Wire
Tue, 21 May 2024 09:00:00 -0400
Sentiment: Neutral
Are Retail-Wholesale Stocks Lagging Carvana (CVNA) This Year?
Here is how Carvana (CVNA) and Dick's Sporting Goods (DKS) have performed compared to their sector so far this year.
Source: Zacks Investment Research
Mon, 20 May 2024 10:46:21 -0400
Sentiment: Negative
Instituions Institution %: 99.688
Last QTR Institution change: 6420502

Insiders
Insiders %: 7.958
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 815390
Insiders Net last QTR: -815390

Analyst Ratings
Target Price: 40.28
Overall Rating: 3
Strong Buys (5): 1
Buys (4): 2
Holds (3): 17
Sells (2): 0
Strong Sells (1): 2

Technicals
52 Week Hi: 129
52 Week Low: 12.0615
Beta: 3.283
50 Day MA: 93.1764
200 Day MA: 57.4357

Earnings / Revenue Trends
Qtr Earnings Growth YOY: 0
Qtr Revenue Growth YOY: 0.175
Forward PE: 0
Trailing PE: 0

Benefits of StockChartsAI.com System:

  • Get a Daily List of Stocks Starting New Trends
  • Upload Your Stocks to Quickly See and Track Signals
  • Easy to Understand AI Stock Signals
  • Analysis of Historical Signal Trend Analysis for each stock
  • Search/View AI Stock Signals of Russel 1000 Stocks
  • Easy to Understand AI Stock Signals
  • And MUCH MUCH more!

1000

Stock Analyzed Each Night

Portfolio

Easily Upload Track Your Stocks

Trends

See Lists of Stocks Starting New Trends

The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.