CVNA

CarvanaConsumer Discretionary

$64.59-0.49%

Double Bottom Falling Wedge Rounding Bottom

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$64.59

MARAPRMAY

Is CVNA a Buy?

Technical indicators signal a Double Bottom forming. Verify the setup on the chart.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$83.91

Stop

$72.50

Target

$106.74

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Rounding Bottom

Gradual reversal from bearish to bullish.

Broadening Formation

Expanding volatility. Sign of instability.

Market Analysis

Technical analysis of Carvana (CVNA) reveals a significant setup. Price has moved to $64.59 (-0.49%) amidst recent volatility. Our AI has detected a valid Double Bottom pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $83.91, targeting $106.74 with support near $72.5 (R:R 2.0).

Community Sentiment

What is your outlook on CVNA?

Explore Related Markets

Peer Analysis

Amzn Rectangle Sbux Rising Wedge Nke Descending Triangle Mcd Descending Triangle Mar Ascending Triangle

Pattern Peers

Sbac Double Bottom Wmt Double Bottom Ape Double Bottom Intu Double Bottom De Double Bottom