Why is CVNA Down Today?

CVNA
$64.97
▼ -2.88% ($-1.87)
Last updated: Sep 16, 2026 8:37 PM ET (287 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: 65%

65% Confident

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

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 1.6% 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: -1.6%

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 (-2.4% vs SPY)
S&P 500
SPY
-0.44%
Nasdaq 100
QQQ
+0.03%
CVNA
This Stock
-2.88%
vs S&P 500: -2.44%
vs Nasdaq: -2.91%

📊 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:
$63.02 - $66.27

Key Level to Watch

$61.72 support
Watch for breakdown below $64.97

🔔 Get CVNA Alerts

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

Last updated: Sep 16, 2026 8:37 PM (287 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
0.97
Put/Call Ratio
74.6%
Implied Volatility
Call Volume: 16,675
Put Volume: 16,132
Total: 32,807

Historical Context

CVNA has moved more than 3.0% down on 53 occasions in the past year.

47.2%
Continuation Rate
25/53 times continued down
+0.5%
Avg Next Day Change
After similar down moves
Last similar move: Sep 15, 2026 (-5.6%) → Next day: -2.9%

Frequently Asked Questions

Why is CVNA stock down today?

This appears to be a sector-wide move. The RETAIL-AUTO DEALERS & GASOLINE STATIONS sector is down 1.6% on average.

Is CVNA stock a buy or sell right now?

Based on current analysis, CVNA shows 65% 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 $64.97. Based on today's momentum, the expected short-term range is $63.02 - $66.27. 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: $61.72 (support).

Is CVNA stock oversold or overbought?

CVNA's RSI (Relative Strength Index) is currently at 39.0. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for CVNA stock?

CVNA's 10-day momentum indicator is at -6.78. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is CVNA outperforming or underperforming the market?

CVNA (-2.88%) is currently significantly underperforming the market (-2.4% vs SPY). Today, the S&P 500 (SPY) is down -0.44%, and Nasdaq (QQQ) is up 0.03%.

What does MACD indicate for CVNA?

CVNA's MACD (-0.36) is currently below the signal line (0.7), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 11.4) is weak.

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: $72.03, 50-day SMA: $69.26.

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