DOORDASH INC - A (DASH) Stock Technical Analysis
USA - NASDAQ:DASH - US25809K1051 - Common Stock
196.51 USD
-4.12 (-2.05%)
196.03 USD
-0.48 (-0.24%)
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.
68% of all other stocks performed better in the past year than DASH.
DASH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
DASH has an average volume of 3782660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DASH is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry, DASH did better than 64% of them.
DASH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DASH is lagging the market.
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
194.54
259.41
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 196.52 to 197.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 255.98 to 256.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for DASH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DASH is down. |
| ChartMill Relative Strength | 32.22 | NEUTRAL | DASH is not amongst the best or worst performers 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) | UP | MIXED | The current price of DASH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.72 | OVERSOLD | The low RSI value suggests DASH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.31 | NEGATIVE | The MACD value suggests DASH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.71 | OVERSOLD | The low Stochastics value suggests DASH may be oversold. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for DASH suggests high volalility. |
| Average Directional Index/ADX (14) | 30.43 | POSITIVE | The high ADX value value for DASH suggests a strong 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)
196.51
-4.12 (-2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.05%
1 Week-17.43%
2 Weeks-26.14%
1 Month-27.92%
3 Month-20.76%
6 Month-2.72%
12 Month15.98%
2 Year109.1%
3 Year237.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.22
ATR(20)%5.69%
ATR Inc-53.97%
Range Today5.98
ADR(20)9.52
ADR(20)%4.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.22
3 months CRS10.33
6 months CRS25.42
Mansfield-1.74
10 Day High265.46
10 Day Low194.68
20 Day High285.5
20 Day Low194.68
52 Week High285.5
52 Week Low155.4
CS1 EndN/A
CR1 Start196.52
Volume & EV
DER(3)0.19%
DER(5)-1.13%
Volume5.12M
Volume Incr158.5%
Vol(5)8.91M
Vol(50)3.78M
DOORDASH INC - A / DASH FAQ
What is the technical rating for DASH stock?
ChartMill assigns a technical rating of 0 / 10 to DASH.
What is the current trend direction of DOORDASH INC - A (DASH) stock?
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 23.7165. This indicates that the stock is currently oversold.
What is the short term momentum for DASH stock?
The short term momentum for DOORDASH INC - A (DASH) is negative.