DOORDASH INC - A (DASH)

US25809K1051 - Common Stock

173.17  +0.97 (+0.56%)

After market: 174.24 +1.07 (+0.62%)

Technical Rating and Analysis

10

Overall DASH gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DASH is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DASH is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by DASH over the past year are nicely spread over this period.
DASH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 89% of 135 stocks in the same industry.
DASH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
DASH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DASH has an average volume of 3225160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
DASH Weekly chart
DASH Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, DASH also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

109.45

178.27

When analyzing the support we can see 5 important areas.

  • Support @173.10 from a trend line in the daily time frame.
  • A support zone ranging from 169.42 to 169.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @159.48 from a trend line in the daily time frame.
  • Support @119.60 from a trend line in the weekly time frame.
  • Support @110.56 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @176.50 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield2.46
10 Day High178.16
10 Day Low167.88
20 Day High178.16
20 Day Low152.26
52 Week High178.16
52 Week Low92.56
Performance
1 Week-0.36%
2 Weeks1.51%
1 Month13.04%
3 Month34.44%
6 Month53.48%
12 Month84.6%
2 Year197.29%
3 Year-3.13%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)66.3
LBB159.73
UBB182.14
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
176.51173.093.42 (1.94%)25.00%
An entry @176.51. This is a Buy Stop order right above the resistance zone.An exit @173.09. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.42 points, which is 1.94%.For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of DASH. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DASH Daily chart

DOORDASH INC - A

NASDAQ:DASH (11/21/2024, 8:21:57 PM)

After market: 174.24 +1.07 (+0.62%)

173.17

+0.97 (+0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.56%
1 Week-0.36%
2 Weeks1.51%
1 Month13.04%
3 Month34.44%
6 Month53.48%
12 Month84.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.87
ATR(20)%2.76%
ATR Inc
Range Today3.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High178.16
10 Day Low167.88
20 Day High178.16
20 Day Low152.26
52 Week High178.16
52 Week Low92.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.28M
Volume Incr3.62%
Vol(5)3.29M
Vol(50)3.23M