DOORDASH INC - A (DASH)

US25809K1051 - Common Stock

171  +3.35 (+2%)

Premarket: 171 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to DASH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month DASH has a been trading in the 164.20 - 181.78 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, DASH did better than 93% of all other 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 133 stocks in the same industry.
DASH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DASH is performing more or less in line with the market.
DASH has an average volume of 3082030 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

8

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 a resistance zone just above the current price starting at 180.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 167.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

110.81

182.29

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 163.11 to 167.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @123.10 from a trend line in the weekly time frame.
  • Support @111.93 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 180.48 to 180.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS93.15
Mansfield2.04
10 Day High181.78
10 Day Low164.2
20 Day High181.78
20 Day Low164.2
52 Week High181.78
52 Week Low93.33
Performance
1 Week-2.34%
2 Weeks-4.19%
1 Month-1.25%
3 Month22.39%
6 Month50.16%
12 Month70.1%
2 Year250.27%
3 Year14.84%
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)-1.71
RSI(14)48.39
LBB166.95
UBB182.33
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
173.77164.199.58 (5.51%)18.14%
An entry @173.77. This is a Buy Stop order right above the 10 day moving average.An exit @164.19. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 9.58 points, which is 5.51%.For a 1.00% total portfolio risk, you can invest 18.14% of your capital in this trade.

  • 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 (12/20/2024, 8:04:46 PM)

Premarket: 171 0 (0%)

171

+3.35 (+2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2%
1 Week-2.34%
2 Weeks-4.19%
1 Month-1.25%
3 Month22.39%
6 Month50.16%
12 Month70.1%
2 Year250.27%
3 Year14.84%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.84
ATR(20)%2.67%
ATR Inc15.75%
Range Today7.16
ADR(20)4.47
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.15
Mansfield2.04
10 Day High181.78
10 Day Low164.2
20 Day High181.78
20 Day Low164.2
52 Week High181.78
52 Week Low93.33
CS1 End167
CR1 Start180.48
Volume & EV
DER(3)-0.24%
DER(5)2.3%
Volume5.89M
Volume Incr33.6%
Vol(5)3.74M
Vol(50)3.08M