DOORDASH INC - A (DASH) Stock Technical Analysis
USA - NASDAQ:DASH - US25809K1051 - Common Stock
263.06 USD
-3.61 (-1.35%)
262 USD
-1.06 (-0.4%)
Taking everything into account, DASH scores 8 out of 10 in our technical rating. In the last year, DASH was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DASH has a been trading in the 257.50 - 285.50 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that DASH is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, DASH also shows a nice and consistent pattern of rising prices.
DASH is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. DASH outperforms 94% of them.
DASH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DASH is lagging the market slightly.
DASH has an average volume of 3064350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, DASH also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 254.47, a Stop Loss order could be placed below this zone.
More info and screens
206.51
275.47
We found 3 important support areas.
- A support zone ranging from 253.70 to 254.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 243.81 to 245.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.60 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 269.73 to 272.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for DASH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DASH is neutral. |
| ChartMill Relative Strength | 90.76 | POSITIVE | DASH has a high relative strength, it outperformed 90.76% 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 | MIXED | The current price of DASH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DASH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.87 | NEUTRAL | The RSI value for DASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.62 | NEGATIVE | The MACD value suggests DASH has a negative trend. |
| Stochastics (14,3) | 32.16 | NEUTRAL | The Stochastics value for DASH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for DASH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.36 | NEGATIVE | The low ADX value for DASH suggests a weak or negative trend. |
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)
263.06
-3.61 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.35%
1 Week-1.11%
2 Weeks-3.01%
1 Month-0.84%
3 Month9.99%
6 Month45.14%
12 Month73.09%
2 Year250.98%
3 Year504.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.54
ATR(20)%3.32%
ATR Inc78.01%
Range Today7.67
ADR(20)8.08
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.76
Mansfield1.53
10 Day High285.5
10 Day Low257.71
20 Day High285.5
20 Day Low257.5
52 Week High285.5
52 Week Low150.26
CS1 End254.47
CR1 Start269.73
Volume & EV
DER(3)-0.81%
DER(5)-0.89%
Volume3.44M
Volume Incr-13.7%
Vol(5)2.67M
Vol(50)3.06M