DOORDASH INC - A (DASH) Technical Analysis
NASDAQ:DASH • US25809K1051
Current stock price
DASH Technical Rating and Analysis
Taking everything into account, DASH scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DASH was also a bad performer in the overall market in the last year.
- 85% of all other stocks performed better in the past year than DASH.
- DASH is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 70% are performing better than DASH.
- DASH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- DASH has an average volume of 4874210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month DASH has a been trading in the 146.48 - 191.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DASH Weekly and Daily overview Charts
DASH Setup Rating and Analysis
DASH has an average technical rating and it also does not offer a high 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
145.12
When analyzing the support we can see 3 important areas.
- Support @160.55 from a trend line in the daily time frame.
- Support @149.01 from a trend line in the weekly time frame.
- A support zone ranging from 146.59 to 146.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 183.90 to 185.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @189.81 from a horizontal 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 | UP | POSITIVE | The short term trend for DASH is up. |
| ChartMill Relative Strength | 15.91 | NEGATIVE | DASH has a low relative strength, it was outperformed by 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DASH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DASH is above the rising 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) | 51.57 | NEUTRAL | The RSI value for DASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests DASH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for DASH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for DASH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.76 | NEGATIVE | The low ADX value for DASH suggests a weak or negative trend. |
DASH Chart- and CandleStick Pattern Analysis
DASH Technicals: Chart, Performance Metrics, Trend & Indicators
171.97
-2.09 (-1.2%)
DOORDASH INC - A / DASH TA FAQ
What is the technical rating for DASH stock?
ChartMill assigns a technical rating of 4 / 10 to DASH.
Can you provide the trend direction for DOORDASH INC - A?
The current trend direction for DOORDASH INC - A (DASH) is Bearish.
Can you provide the RSI signal for DOORDASH INC - A?
DOORDASH INC - A (DASH) has an RSI value of 51.5716. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DOORDASH INC - A?
The short term momentum for DOORDASH INC - A (DASH) is positive.
Can you provide the support and resistance levels for DOORDASH INC - A?
DOORDASH INC - A (DASH) has a support level at 160.55 and a resistance level at 183.9. Check the full technical report for our detailed analysis of DASH support and resistance levels.