DRIVEN BRANDS HOLDINGS INC (DRVN) Stock Technical Analysis
NASDAQ:DRVN - Nasdaq - US26210V1026 - Common Stock - Currency: USD
Overall DRVN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DRVN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DRVN did better than 92% of all other stocks. On top of that, DRVN also shows a nice and consistent pattern of rising prices.
DRVN is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 81% of 83 stocks in the same industry.
DRVN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DRVN slightly outperforms the market at the moment.
In the last month DRVN has a been trading in the 14.72 - 17.25 range, which is quite wide. It is currently trading near the high of this range.
Although DRVN has an excellent technical rating, the quality of the presented setup is not ideal 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
10.89
18.07
When analyzing the support we can see 5 important areas.
- A support zone ranging from 16.20 to 16.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.89 from a trend line in the weekly time frame.
- A support zone ranging from 15.21 to 15.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 14.92 to 14.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.00 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.35 to 17.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.86 to 17.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.51
Mansfield1.57
10 Day High17.26
10 Day Low15.6
20 Day High17.26
20 Day Low14.72
52 Week High18.01
52 Week Low10.64
Performance
1 Week4.83%
2 Weeks5.09%
1 Month4.13%
3 Month3.76%
6 Month16.14%
12 Month47.8%
2 Year-31.01%
3 Year-40.81%
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)0.11
RSI(14)58.77
LBB15.64
UBB17.06
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.54 | 16.19 | 1.35 (7.70%) | 12.99% |
| An entry @17.54. This is a Buy Stop order right above the resistance zone. | An exit @16.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.35 points, which is 7.70%. | For a 1.00% total portfolio risk, you can invest 12.99% 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.
17.13
+0.39 (+2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg2.33%
1 Week4.83%
2 Weeks5.09%
1 Month4.13%
3 Month3.76%
6 Month16.14%
12 Month47.8%
2 Year-31.01%
3 Year-40.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%4.36%
ATR Inc-4.14%
Range Today0.38
ADR(20)0.72
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.51
Mansfield1.57
10 Day High17.26
10 Day Low15.6
20 Day High17.26
20 Day Low14.72
52 Week High18.01
52 Week Low10.64
CS1 End16.65
CR1 Start17.35
Volume & EV
DER(3)-0.69%
DER(5)-1.9%
Volume949.10K
Volume Incr-5.63%
Vol(5)679.48K
Vol(50)805.86K