Carvana Stock Forecast

Sell candidate since Jun 04, 2026 Gain 4.91%

The Carvana stock price gained 4.41% on the last trading day (Monday, 8th Jun 2026), rising from $66.51 to $69.44. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 5.29% from a day low at $66.52 to a day high of $70.04. The price has risen in 6 of the last 10 days and is up by 1.7% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 492 thousand more shares were traded than the day before. In total, 7 million shares were bought and sold for approximately $500.86 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.49% during the next 3 months and, with a 90% probability hold a price between $73.49 and $101.99 at the end of this 3-month period.

CVNA Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Carvana stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $73.33. On a fall, the stock will find some support from the short-term average at $67.91. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, April 22, 2026, and so far it has fallen -16.70%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Carvana stock

On the downside, the stock finds support just below today's level from accumulated volume at $62.90 and $58.84. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Carvana finds support just below today's level at $62.90. If this is broken, then the next support from accumulated volume will be at $58.84 and $58.18.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.52 between high and low, or 5.29%. For the last week, the stock has had daily average volatility of 5.52%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CVNA) For The Upcoming Trading Day Of Tuesday 9th

For the upcoming trading day on Tuesday, 9th we expect Carvana Company to open at $68.67, and during the day (based on 14 day Average True Range), to move between $67.44 and $71.44, which gives a possible trading interval of +/-$3.99 (+/-5.92%) up or down from last closing price. If Carvana Company takes out the full calculated possible swing range there will be an estimated 5.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $73.00 (5.13%) than the support at $62.90 (9.42%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Carvana Company stock A Buy?

Carvana holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.641 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 9, 2026 - $68.67 ( 1.11%).

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