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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Driven Brands Holdings Inc. (NASDAQ:DRVN)

Sidelines Mode (+55) - DRVN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
13.000 13.100 12.730 13.049 +0.239
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 up The intermediate-term trend has been UP since Jun 21st, 2024 at 11.97

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 13.10

Smart Scan Analysis for DRVN

Based on our trend formula, DRVN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DRVN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.000 13.100 12.730 13.049 +0.239
Prev. Close Volume Bid Ask Time
12.810 585680 2024-07-26 15:59:57
52wk High26.2652wk High Date2023-07-27
52wk Low10.5952wk Low Date2024-05-02
Average Volume1,558,861Shares Outstanding164,080
Assets589,032,900MLiabilities498,415,700M
P/E Ratio18.2949
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