DRIVEN BRANDS HOLDINGS INC (DRVN)

US26210V1026 - Common Stock

14.39  -0.04 (-0.28%)

After market: 14.39 0 (0%)

Technical Rating and Analysis

3

Overall DRVN gets a technical rating of 3 out of 10. In the last year, DRVN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, DRVN is a bad performer in the overall market: 86% of all stocks are doing better.
DRVN is one of the lesser performing stocks in the Commercial Services & Supplies industry. 72% of 84 stocks in the same industry do better.
DRVN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DRVN is lagging the market.
DRVN has an average volume of 1131940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month DRVN has a been trading in the 13.76 - 15.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DRVN Weekly chart
DRVN Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, DRVN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

12.61

25.45

2 important support areas can be observed.

  • A support zone ranging from 14.10 to 14.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.74 to 12.79. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 14.40 to 14.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 15.80 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @25.20 from a trend line in the weekly 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
CRS14.61
Mansfield-2.36
10 Day High15.12
10 Day Low13.76
20 Day High15.85
20 Day Low13.76
52 Week High30.83
52 Week Low10.61
Performance
1 Week1.98%
2 Weeks-0.62%
1 Month-8.87%
3 Month8.85%
6 Month30.82%
12 Month-53.13%
2 Year-48.4%
3 Year-49.54%
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)-0.07
RSI(14)46.3
LBB13.92
UBB15.34
DRVN Daily chart

DRIVEN BRANDS HOLDINGS INC

NASDAQ:DRVN (4/26/2024, 7:00:02 PM)

After market: 14.39 0 (0%)

14.39

-0.04 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.28%
1 Week1.98%
2 Weeks-0.62%
1 Month-8.87%
3 Month8.85%
6 Month30.82%
12 Month-53.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.56
ATR(20)%3.47%
ATR Inc
Range Today0.37
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 High15.12
10 Day Low13.76
20 Day High15.85
20 Day Low13.76
52 Week High30.83
52 Week Low10.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume967.50K
Volume Incr37.9%
Vol(5)1.20M
Vol(50)1.13M