DOORDASH INC - A (DASH) Technical Analysis
NASDAQ:DASH • US25809K1051
Current stock price
DASH Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DASH. DASH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DASH is a bad performer in the overall market: 87% of all stocks are doing better.
- DASH is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 75% of 126 stocks in the same industry do better.
- DASH is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so DASH is lagging the market.
- In the last month DASH has a been trading in the 143.30 - 191.08 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.
- DASH has an average volume of 5263250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DASH Weekly and Daily overview Charts
DASH Setup Rating and Analysis
The technical rating of DASH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DASH Support and Resistance Analysis
145.13
2 important resistance areas can be observed.
- A resistance zone ranging from 164.18 to 165.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @186.50 from a trend line in the daily time frame.
DASH Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DASH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DASH is down. |
| ChartMill Relative Strength | 13.03 | NEGATIVE | DASH has a low relative strength, it was outperformed by 86.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DASH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DASH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DASH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.59 | OVERSOLD | The low RSI value suggests DASH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.06 | NEGATIVE | The MACD value suggests DASH has a negative trend. |
| Stochastics (14,3) | 8.99 | OVERSOLD | The low Stochastics value suggests DASH may be oversold. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for DASH suggests high volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for DASH suggests a possible start of a new trend. |
DASH Chart- and CandleStick Pattern Analysis
DASH Technicals: Chart, Performance Metrics, Trend & Indicators
146.6
-5.36 (-3.53%)
DOORDASH INC - A / DASH TA FAQ
What is the technical rating for DASH stock?
ChartMill assigns a technical rating of 0 / 10 to DASH.
Can you provide the trend direction for DOORDASH INC - A?
The current trend direction for DOORDASH INC - A (DASH) is Bearish.
What is the RSI signal for DOORDASH INC - A (DASH) stock?
DOORDASH INC - A (DASH) has an RSI value of 29.5919. This indicates that the stock is currently oversold.
What is the MACD signal for DOORDASH INC - A (DASH) stock?
The MACD indicator for DOORDASH INC - A (DASH) has a value of -1.06025, indicating a bearish trend.
What are the support and resistance levels for DOORDASH INC - A (DASH) stock?
DOORDASH INC - A (DASH) has a resistance level at 164.18. Check the full technical report for our detailed analysis of DASH support and resistance levels.