CVNA Stock Carvana (CVNA, $117.5) entered Downtrend as Momentum indicator drops below 0 level on May 17, 2024

A.I.dvisor
at Tickeron.com
05/18/24
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CVNA - Carvana Co
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $117.5
Daily change: -$0.43 (-0.36%)
Daily volume: 2.7M
Capitalization: $13.7B
Industry: Specialty Stores
This indicator may be signaling that CVNA's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 79 similar cases where CVNA's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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CVNADaily Signal changed days agoGain/Loss if shorted
 
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General Information

a car dealer

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
300 E. Rio Salado Parkway
Phone
+1 602 922-9866
Employees
13700
Web
https://www.carvana.com