Why is CVNA Down Today?

CVNA
$70.82
▼ -7.13% ($-5.05)
Last updated: Nov 10, 2026 8:30 PM ET (90 min ago)

About Carvana Co.

Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing par...

Sector: RETAIL-AUTO DEALERS & GASOLINE STATIONS
Market Cap: $54.60B
Forward P/E: 46.7
52-Week Range: $54.46 - $97.38
Employees: 17,400

Overall Confidence: 70%

70% Confident

Based on news, social sentiment, options activity, and sector analysis

OPTIONS 75% Confidence
🎯 Unusual PUT buying detected
Options traders are heavily buying puts on CVNA, with 79% of volume in puts. This suggests bearish institutional positioning.
SECTOR 65% Confidence
RETAIL-AUTO DEALERS & GASOLINE STATIONS sector moving together
This appears to be a sector-wide move. The RETAIL-AUTO DEALERS & GASOLINE STATIONS sector is down 7.4% on average.

✅ Move Confirmation

LOW VOLUME 0.7x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

RETAIL-AUTO DEALERS & GASOLINE STATIONS sector: -7.4%

This appears to be a sector-wide move. Most RETAIL-AUTO DEALERS & GASOLINE STATIONS stocks are moving in the same direction.

Market Comparison

CVNA is significantly underperforming the market (-6.8% vs SPY)
S&P 500
SPY
-0.37%
Nasdaq 100
QQQ
-0.68%
CVNA
This Stock
-7.13%
vs S&P 500: -6.76%
vs Nasdaq: -6.45%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, CVNA is expected to trade between:
$68.70 - $72.24

Key Level to Watch

$67.28 support
Watch for breakdown below $70.82

Quick Trade Ideas

Options strategies to consider for CVNA's -7% move

📊

No Options Available

CVNA doesn't have listed options or options data is currently unavailable.

Try another stock in our Options Calculator →
Disclaimer: These are educational examples only, not investment advice. Options involve significant risk including total loss of premium. Prices shown are estimates and may differ from actual market prices. Always do your own research and consider your risk tolerance.

🔔 Get CVNA Alerts

We'll notify you when CVNA's trend changes or a new signal fires.

Last updated: Nov 10, 2026 8:30 PM (90 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bearish
Options Sentiment
3.79
Put/Call Ratio
87.4%
Implied Volatility
Call Volume: 6,000
Put Volume: 22,767
Total: 28,767
Unusual Activity: $37 PUT (1,286 vol)

Historical Context

CVNA has moved more than 3.0% down on 47 occasions in the past year.

44.7%
Continuation Rate
21/47 times continued down
+0.59%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-7.1%) → Next day: +2.1%

Frequently Asked Questions

Why is CVNA stock down today?

Options traders are heavily buying puts on CVNA, with 79% of volume in puts. This suggests bearish institutional positioning.

Is CVNA stock a buy or sell right now?

Based on current analysis, CVNA shows 70% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the CVNA stock price target?

CVNA is currently trading at $70.82. Based on today's momentum, the expected short-term range is $68.70 - $72.24. See long-term price prediction →

Will CVNA stock continue falling?

Our analysis shows a 45% probability that CVNA's move continues in the next 1-3 days. Key level to watch: $67.28 (support).

Is CVNA stock oversold or overbought?

CVNA's RSI (Relative Strength Index) is currently at 59.6. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for CVNA stock?

CVNA's 10-day momentum indicator is at 13.79. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is CVNA outperforming or underperforming the market?

CVNA (-7.13%) is currently significantly underperforming the market (-6.8% vs SPY). Today, the S&P 500 (SPY) is down -0.37%, and Nasdaq (QQQ) is down -0.68%.

What does MACD indicate for CVNA?

CVNA's MACD (3.03) is currently above the signal line (1.53), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 29.7) is strong.

Is CVNA in an uptrend or downtrend?

Based on moving average analysis, CVNA is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $64.97, 50-day SMA: $65.84.

Check Why Another Stock is Moving

Enter any ticker symbol to see real-time analysis

Popular: AAPL TSLA NVDA MSFT META AMZN GOOGL