DRIVEN BRANDS HOLDINGS INC (DRVN) Stock Technical Analysis
NASDAQ:DRVN - Nasdaq - US26210V1026 - Common Stock - Currency: USD
Taking everything into account, DRVN scores 1 out of 10 in our technical rating. DRVN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month DRVN has a been trading in the 14.82 - 16.93 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, DRVN outperforms 43% of them, which is more or less in line with the market.
DRVN is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, DRVN did better than 60% of them.
DRVN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRVN is lagging the market.
The technical rating of DRVN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.89
17.02
3 important support areas can be observed.
- A support zone ranging from 14.76 to 14.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 15.83 to 16.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.32
Mansfield-0.32
10 Day High16.74
10 Day Low14.82
20 Day High16.93
20 Day Low14.82
52 Week High17.45
52 Week Low10.59
Performance
1 Week-8.3%
2 Weeks-9.3%
1 Month-9.41%
3 Month-10.61%
6 Month2.9%
12 Month10.85%
2 Year-46.67%
3 Year-49.2%
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)-0.16
RSI(14)29.31
LBB15
UBB16.97
14.92
-0.22 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.45%
1 Week-8.3%
2 Weeks-9.3%
1 Month-9.41%
3 Month-10.61%
6 Month2.9%
12 Month10.85%
2 Year-46.67%
3 Year-49.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.76%
ATR Inc-10.79%
Range Today0.46
ADR(20)0.41
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.32
Mansfield-0.32
10 Day High16.74
10 Day Low14.82
20 Day High16.93
20 Day Low14.82
52 Week High17.45
52 Week Low10.59
CS1 End14.91
CR1 Start15.83
Volume & EV
DER(3)-0.72%
DER(5)-0.8%
Volume822.50K
Volume Incr57.38%
Vol(5)670.34K
Vol(50)514.34K