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Carvana Stock Looks Ripe For Another Rebound
Schaeffers Investment Research· 2025-11-19 19:37
Core Viewpoint - Carvana Co (NYSE:CVNA) is experiencing a rebound, trading 2.3% higher at $324.67, following a significant pullback to the $280 level, indicating potential bullish momentum in the stock [1] Group 1: Stock Performance - The stock has shown resilience, bouncing back from the $280 level, which was a significant point during its June pullback [1] - Following a previous signal, the stock reached a high of $372 just three days later, suggesting strong upward momentum [1] - Historical data indicates that similar signals have led to an 86% success rate in the stock being higher one month later, with an average gain of 6.7% [3] Group 2: Technical Indicators - The stock is currently within 0.75 of the 200-day moving average's 20-day average true range (ATR), having remained above this level 80% of the time in the last 10 trading sessions and two months [2] - A move of similar magnitude from the current price could position the shares near $346.42 [3] Group 3: Options Market Sentiment - There has been an increase in put options, indicating a prevailing pessimistic sentiment, which could provide room for bullish movements if this sentiment reverses [5] - The 10-day put/call volume ratio stands at 1.94, ranking higher than 90% of readings from the past year, suggesting a notable level of bearish sentiment [5] - Options are currently priced low, with a Schaeffer's Volatility Index (SVI) of 67%, indicating that near-term option traders are expecting relatively low volatility [6]
Struggling Healthcare Stock Ripe For Bull Notes
Forbes· 2025-10-30 18:30
Core Viewpoint - Hims & Hers Health (HIMS) shares are experiencing a decline, with a 2.4% drop to $45.53, as investors await the third quarter results on November 3. The stock has seen a pullback from a February high of $72.98, approaching a historically bullish trendline, indicating a potential short-term bounce [1]. Group 1: Stock Performance and Trends - The stock is currently within 0.75 of the 200-day moving average's 20-day average true range (ATR), having spent over 80% of the last 10 days above this trendline. Historically, similar conditions have led to a 18.2% average gain one month later, suggesting a potential rise to approximately $51.45 [2]. - Hims & Hers has a mixed history of post-earnings stock movements, with the stock finishing lower after four of the last eight earnings reports, including a 12.4% drop in August. The average next-day swing has been 13.3%, while this time investors are anticipating a higher move of 17.1% [3]. Group 2: Analyst Sentiment and Volatility - Analyst sentiment is predominantly negative, with 11 out of 14 analysts rating the stock as "hold" or worse, indicating potential for upgrades if bearish sentiment shifts [4]. - Hims & Hers tends to outperform options traders' volatility expectations, reflected in a Schaeffer's Volatility Scorecard (SVS) of 80 out of 100, which is favorable for prospective buyers [4].