Carvana Co. (CVNA)

Carvana Co. is trading at $57.96, down 4.02% on the session. The 50 day average sits at $68.55 and the 200 day at $71.00, which puts the stock in a downtrend. RSI is at 38, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $59.07 with resistance near $66.02, so that band frames the current range. Average daily movement is roughly $3.09, or about 5.3% of the share price, which is what any stop placement has to allow for. The overall health score of 24 out of 100 combines a trend score of 3, momentum of 20 and a risk score of 62.

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars. It provides vehicle acquisition, inspection and reconditioning, online search and shopping experience, financing, complementary products, logistics network and distinctive fulfillment experience, and post-sale customer support services. The company also operates auction sites. Carvana Co. was founded in 2012 and is based in Tempe, Arizona.