DOORDASH INC - A (DASH)

US25809K1051 - Common Stock

137.72  -1.16 (-0.84%)

After market: 139.051 +1.33 (+0.97%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to DASH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DASH is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DASH is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by DASH over the past year are nicely spread over this period.
DASH is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. DASH outperforms 95% of them.
DASH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DASH has a been trading in the 124.50 - 143.34 range, which is quite wide. It is currently trading near the high of this range.
DASH has an average volume of 3893450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DASH Weekly chart
DASH Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, DASH also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 130.54, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

81.68

141.67

We found 4 important support areas.

  • A support zone ranging from 128.76 to 130.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 123.80 to 124.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @108.91 from a trend line in the daily time frame.
  • Support @82.51 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @140.27 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.15
Mansfield3.54
10 Day High143.34
10 Day Low127.24
20 Day High143.34
20 Day Low124.5
52 Week High143.34
52 Week Low56.59
Performance
1 Week0.7%
2 Weeks3.9%
1 Month10.56%
3 Month39.27%
6 Month73.3%
12 Month116.68%
2 Year17.52%
3 Year5.03%
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)-0.04
RSI(14)64.28
LBB126.69
UBB142.13
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
140.28127.2313.06 (9.31%)10.75%
An entry @140.28. This is a Buy Stop order right above the resistance zone.An exit @127.22. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 13.06 points, which is 9.31%.For a 1.00% total portfolio risk, you can invest 10.75% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DASH Daily chart

DOORDASH INC - A

NASDAQ:DASH (3/28/2024, 8:04:24 PM)

After market: 139.051 +1.33 (+0.97%)

137.72

-1.16 (-0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.84%
1 Week0.7%
2 Weeks3.9%
1 Month10.56%
3 Month39.27%
6 Month73.3%
12 Month116.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.73
ATR(20)%2.86%
ATR Inc
Range Today2.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High143.34
10 Day Low127.24
20 Day High143.34
20 Day Low124.5
52 Week High143.34
52 Week Low56.59
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.05M
Volume Incr-30.62%
Vol(5)2.46M
Vol(50)3.89M