CVNA chart analysis today
CVNA broke down from a rising wedge this bar on light volume under a weekly downtrend. Above $73.04 the break has failed.
Carvana · daily · last close $72.18 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $73.04 · the breakout
- Below
- $70.68 · the trendline
- Formation state
- Broke below $73.04 this bar on light volume. No retest yet.
- Trend
- a series of higher highs and higher lows over the window, 3 steps across 23 bars, still intact
- Agreement
- Structure 3 of 4 (high) · indicators 0 of 3 (low)
Levels and what happened there
- Resistance $80.01
- Resistance $82.66
- Support $61.49
- The last two times price reached $80.01 it held every time, bouncing 23% on average.
- The last four times price reached $82.66 it held three times, bouncing 18% on average, and broke through once.
- The last 20 times price reached $61.49 it held 11 times, bouncing 18% on average, and broke through once.
- Bigger picture Weekly down, daily rising. weekly — downtrend intact, rising wedge at $73.40.
- 52 weeks 26% below its 52-week high of $97.38 and 33% above its 52-week low of $54.46.
Read your own CVNA chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze CVNA now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.