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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Driven Brands Holdings Inc. (NASDAQ:DRVN)

Strong Downtrend (-100) - DRVN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DRVN continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DRVN?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRVN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DRVN
Open High Low DRVN Price Change
11.440 11.535 11.230 11.235 -0.265
Entry Signal

MarketClub’s Trade Triangles for DRVN

long term down The long-term trend has been DOWN since May 2nd, 2024 at 12.32

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 14.64

short term down The short-term trend has been DOWN since May 1st, 2024 at 14.26

Smart Scan Analysis for DRVN

Based on our trend formula, DRVN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for DRVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.440 11.535 11.230 11.235 -0.265
Prev. Close Volume Bid Ask Time
11.230 1311126 2024-05-08 15:59:41
52wk High28.51552wk High Date2023-05-15
52wk Low10.5952wk Low Date2024-05-02
Average Volume1,682,099Shares Outstanding163,972
Assets591,080,400MLiabilities500,472,500M
P/E Ratio18.2949
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