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Driven Brands Holdings Inc.

DRVN Technical Analysis Summary (NASDAQ)

Analyze DRVN on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DRVNNASDAQ
Consumer CyclicalAuto - Dealerships
$13.17
$0.13(1.00%)
U.S. Market opens in 63h 33m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DRVN Technical Analysis Summary (NASDAQ)

Driven Brands Holdings Inc. (NASDAQ: DRVN) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.19)
Trend Strength:Weak (ADX: 19.88)
Volatility:Medium (ATR: 0.55)
Support/Resistance:$11.77 – $15.38 (Bollinger Bands)

Technical conditions suggest Driven Brands Holdings Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Driven Brands Holdings Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 34.03

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.64

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -9.86

Strongly Bearish
Sharp downside momentum.

Takeaway:Driven Brands Holdings Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.36

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.88

Weak
Weak trend, market trading sideways.

ATR (14): 0.55

Low
Low volatility, stable price action.

CCI (14): -1.30

Neutral
Neutral, no strong directional signal.

Takeaway:Driven Brands Holdings Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.38
Middle Band (SMA 20)
$13.57
Lower Band
$11.77
Current Position
Within Bands

Takeaway:Driven Brands Holdings Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$14.51
Middle Line (EMA 20)
$13.40
Lower Channel
$12.29
Squeeze Status
No Squeeze

Takeaway:Driven Brands Holdings Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume7.96M
Money Flow Index44.53Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.88Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DRVN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Driven Brands Holdings Inc. (NASDAQ: DRVN), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Driven Brands Holdings Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: DRVN) Technical Analysis FAQ