Carvana Co. (CVNA)

Carvana Co. is trading at $65.59, down 6.42% on the session. The 50 day average sits at $67.17 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 63.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $63.75 with resistance near $76.07, so that band frames the current range. Average daily movement is roughly $3.78, or about 5.8% of the share price, which is what any stop placement has to allow for. The overall health score of 68 out of 100 combines a trend score of 72, momentum of 82 and a risk score of 40.

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.