The Nasdaq is down 0.02% while the S&P 500 has shed 0.20%.Recent 5-for-1 Stock SplitThe Tuesday pullback follows a mechanical adjustment observed on May 8. Carvana executed a 5-for-1 stock split effective at that session’s market open.Robust Q1 EarningsThe recent stock split followed a robust first-quarter earnings report from the online used car retailer. Carvana reported revenue of $6.43 billion, beating the analyst consensus estimate of $6.08 billion. Additionally, the company posted earnings of $1.69 per share.Critical Price Levels To Watch For CVNAFrom a trend perspective, the stock is trading 16.9% below its 20-day SMA and 8.2% below its 50-day SMA, which keeps the near-term tape pointed lower and makes rallies more likely to get sold.It’s also 13.8% below the 200-day SMA, reinforcing that the longer-term trend is still in repair mode after the 52-week low set in March.The moving-average structure is mixed: the 20-day SMA is still above the 50-day SMA (a bullish shorter-term crossover), but the death cross from March (50-day below the 200-day) remains an overhang for longer-term trend followers.Key levels are getting clearer as price compresses between nearby pivots:
Key Resistance: $71 — a round-number area near the 50-day SMA ($69.37) where rebounds can stall
