Is Carvana underrated? Looks like it from my house. The notorious stock has been crashing from top to bottom without remorse. Will we continue to see price drop or is there a new beginning occurring? Taking a look at the chart, Carvana is at an extreme low. Price recently took a break from the drop forming a few green candles before plunging again but not so far. This loss of momentum in price plus being at an extreme low and the formation of the current bull candle (January 2023) may be significant for the bulls to take control for the long run. Price dropping for the past year and a few months I believe won't compare to price rising.