DRIVEN BRANDS HOLDINGS INC (DRVN) Stock Technical Analysis
NASDAQ:DRVN - Nasdaq - US26210V1026 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to DRVN. Although DRVN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DRVN is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 71% of 83 stocks in the same industry.
DRVN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DRVN slightly outperforms the market at the moment.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, DRVN did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month DRVN has a been trading in the 14.72 - 17.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DRVN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.23, a Stop Loss order could be placed below this zone.
More info and screens
10.89
18.07
When analyzing the support we can see 3 important areas.
- Support @15.79 from a trend line in the weekly time frame.
- A support zone ranging from 14.91 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.98 to 16.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 17.86 to 17.89. 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
CRS81.05
Mansfield1.8
10 Day High16.67
10 Day Low14.72
20 Day High17.91
20 Day Low14.72
52 Week High18.01
52 Week Low10.59
Performance
1 Week-2.17%
2 Weeks-2.05%
1 Month-9.42%
3 Month-4.02%
6 Month8.53%
12 Month9.59%
2 Year-48.63%
3 Year-43.46%
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)-0.06
RSI(14)43.2
LBB15.11
UBB17.24
NASDAQ:DRVN (4/22/2025, 1:30:41 PM)
15.825
+0.05 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.35%
1 Week-2.17%
2 Weeks-2.05%
1 Month-9.42%
3 Month-4.02%
6 Month8.53%
12 Month9.59%
2 Year-48.63%
3 Year-43.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%5.23%
ATR Inc-31.74%
Range Today0.32
ADR(20)0.79
ADR(20)%5.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.05
Mansfield1.8
10 Day High16.67
10 Day Low14.72
20 Day High17.91
20 Day Low14.72
52 Week High18.01
52 Week Low10.59
CS1 End15.23
CR1 Start15.79
Volume & EV
DER(3)-1.17%
DER(5)-0.35%
Volume171.85K
Volume Incr-46.04%
Vol(5)443.18K
Vol(50)798.56K