DRIVEN BRANDS HOLDINGS INC (DRVN) Stock Technical Analysis
NASDAQ:DRVN - Nasdaq - US26210V1026 - Common Stock
Taking everything into account, DRVN scores 6 out of 10 in our technical rating. In the last year, DRVN was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that DRVN is one of the better performing stocks in the market, outperforming 77% of all stocks.
DRVN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRVN is lagging the market slightly.
In the last month DRVN has a been trading in the 15.00 - 16.51 range, which is quite wide. It is currently trading near the high of this range.
DRVN is an average performer in the Commercial Services & Supplies industry, it outperforms 65% of 83 stocks in the same industry.
Although the technical rating is only medium, DRVN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 15.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRVN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.89
17.37
4 important support areas can be observed.
- A support zone ranging from 15.22 to 15.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.47 from a trend line in the daily time frame.
- Support @13.90 from a horizontal line in the daily time frame.
- Support @11.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.76 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.58
Mansfield0.37
10 Day High16.2
10 Day Low15
20 Day High16.51
20 Day Low15
52 Week High17.45
52 Week Low10.59
Performance
1 Week4.35%
2 Weeks1.51%
1 Month-0.19%
3 Month10.74%
6 Month23.3%
12 Month21.71%
2 Year-44.88%
3 Year-43.04%
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)0.03
RSI(14)52.92
LBB15.15
UBB16.27
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.86 | 14.99 | 1.87 (11.09%) | 9.02% |
| An entry @16.86. This is a Buy Stop order right above the resistance zone. | An exit @14.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.87 points, which is 11.09%. | When investing 9.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
DRIVEN BRANDS HOLDINGS INC
NASDAQ:DRVN (1/21/2025, 5:24:35 PM)
After market: 16.09 0 (0%)16.09
+0.19 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.19%
1 Week4.35%
2 Weeks1.51%
1 Month-0.19%
3 Month10.74%
6 Month23.3%
12 Month21.71%
2 Year-44.88%
3 Year-43.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.4%
ATR Inc2.52%
Range Today0.25
ADR(20)0.37
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.58
Mansfield0.37
10 Day High16.2
10 Day Low15
20 Day High16.51
20 Day Low15
52 Week High17.45
52 Week Low10.59
CS1 End15.85
CR1 Start16.76
Volume & EV
DER(3)5.61%
DER(5)3.85%
Volume480.45K
Volume Incr-16.04%
Vol(5)454.79K
Vol(50)543.67K