DOORDASH INC - A (DASH) Stock Technical Analysis
NASDAQ:DASH • US25809K1051
Overall DASH gets a technical rating of 0 out of 10. 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: 83% of all stocks are doing better.
- DASH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DASH has a been trading in the 158.00 - 212.50 range, which is quite wide. It is currently trading near the lows of this range.
- DASH has an average volume of 5127530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DASH is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, DASH did better than 40% of them.
- Volume is considerably higher in the last couple of days.
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
158.73
We found 1 important support area.
- A support zone ranging from 160.33 to 160.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 176.30 to 176.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 205.71 to 207.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @229.99 from a horizontal line 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 | 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 | 17.94 | NEGATIVE | DASH has a low relative strength, it was outperformed by 82.06% 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) | 30.59 | NEUTRAL | The RSI value for DASH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests DASH has a negative trend. |
| Stochastics (14,3) | 26.96 | NEUTRAL | The Stochastics value for DASH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for DASH suggests high volalility. |
| Average Directional Index/ADX (14) | 36.33 | POSITIVE | The high ADX value value for DASH suggests a strong trend. |
164.66
-11.63 (-6.6%)
DOORDASH INC - A / DASH 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 30.5887. This indicates that the stock is currently neutral.
What is the MACD signal for DOORDASH INC - A (DASH) stock?
The MACD indicator for DOORDASH INC - A (DASH) has a value of -0.646222, indicating a bearish trend.
What are the support and resistance levels for DOORDASH INC - A (DASH) stock?
DOORDASH INC - A (DASH) has a support level at 160.33 and a resistance level at 176.3. Check the full technical report for our detailed analysis of DASH support and resistance levels.