DoorDash (NASDAQ:DASH) Shows Strong Minervini Trend Template and Growth Momentum Setup

The Mark Minervini Trend Template used with High Growth Momentum screening is a methodical way to find stocks set up for possible strong performance. This system joins strict technical study with basic growth measures, concentrating on firms showing powerful upward price movements, better comparative performance, and speeding up business results. By using these two screens, investors can find securities that not only show technical strength but also have the basic financial speed that frequently comes before continued price gains.

Technical Base: Minervini Trend Template Match

DOORDASH INC - A (NASDAQ:DASH) shows a solid match with Minervini's technical rules, which focus on stocks in clear upward movements with defined speed traits. The trend model needs securities to be priced higher than important average lines with correct order, and DASH at this time meets these rules:

• Present price ($261.42) is higher than the 50-day SMA ($260.25), 150-day SMA ($230.62), and 200-day SMA ($220.45)
• The 200-day SMA shows an upward direction, moving up from $219.99 to $220.45
• All average lines keep correct order with the 50-day above both the 150-day and 200-day averages
• Present price is 71% higher than its 52-week low while staying within 9% of its 52-week high
• Comparative performance score of 87.53 shows the stock performs better than almost 88% of the market

These technical traits are important within Minervini's system because they find stocks in Stage 2 upward movements, the period where the largest price gains usually happen. The model's average line setup makes sure the stock shows strength across various time frames, while the price place compared to 52-week highs and lows confirms the stock keeps its speed without becoming too stretched.

Basic Financial Speed: Growth Speed Increase

Outside of technicals, DASH shows the basic financial speed increase that Minervini notes as typical of possible market front-runners. The company's profit growth shows notable speed across several time frames:

• TTM EPS growth of 319.5% year-over-year
• Latest quarterly EPS growth of 461.1% compared to the same quarter last year
• Three straight quarters of speeding up EPS growth (184.6%, 833.3%, and 461.1%)
• Analyst EPS changes for next year moved up 14.6% over the past three months
• Profit margin growth from 4.9% to 8.7% over the past three quarters

This series of speeding up profit growth is especially important within Minervini's system, as he notes that "large profits draw large notice." The pairing of very fast profit growth, growing profit margins, and positive analyst changes suggests big investors may be paying attention, possibly creating the reason for continued price gains.

Sales Growth and Business Speed

The company's sales direction further backs the growth story, with steady increases across several periods:

• TTM sales growth of 23.8% year-over-year
• Quarterly sales growth staying above 20% for four straight quarters
• Next quarter sales growth expected at 26.5% based on analyst guesses
• Three-year sales compound yearly growth over 30%

Minervini's study shows that firms showing both profit and sales speed increases often represent the strongest chances for price gains. The steadiness of DASH's sales growth, paired with the very fast profit speed, creates the kind of basic profile that usually draws big investor interest and can support continued technical strength.

Industry Front-runner Status and Comparative Performance

Inside the Hotels, Restaurants & Leisure field, DASH shows clear front-runner traits, performing better than 93% of its 133 field competitors. This comparative performance is a key part of Minervini's method, as he notes that real market front-runners usually show strength compared to both the wider market and their field groups. The stock's 67.9% twelve-month performance further confirms its status as a market front-runner, a trait Minervini finds common among stocks set up for continued strong performance.

Technical Review Summary

The technical report gives DASH a score of 8 out of 10, showing solid general technical health with some near-term sideways movement. Important notes include:

• Long-term direction stays positive even with short-term neutral activity
• Stock trades in the higher part of its 52-week range
• Support area found between $252.30 and $260.25 gives a logical stop-loss zone
• Setup score of 8 hints the present sideways phase may give a chance to enter
• Lowered price swings in recent trading match Minervini's price swing reduction pattern ideas

View the full technical study report for DASH for detailed support and resistance points, volume study, and other technical measures.

Investment Points

For investors using the Minervini method, DASH represents a choice that meets both the technical model needs and the basic growth traits connected with possible strong performance. The stock's match with average lines, solid comparative performance, and speeding up profit speed create a profile that fits Minervini's past market front-runners. The present sideways phase, with lowered price swings and set support points, may give planned entry spots for starting a position.

Find other High Growth Momentum + Trend Template choices through our specific screening tool, which regularly finds securities meeting these strict rules.

Disclaimer: This study is for information and learning only and does not make up investment guidance. The information given should not be taken as a suggestion to buy, sell, or keep any security. Investors should do their own study and talk with a qualified financial guide before making investment choices. Past results are not a sign of future outcomes.