Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Driven Brands Holdings Inc. (NASDAQ:DRVN)
Bear Market Rally (-75) - DRVN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DRVN as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for DRVN
The long-term trend has been DOWN since Aug 17th, 2021 at 27.0014
The intermediate-term trend has been UP since Oct 18th, 2021 at 29.9800
The short-term trend has been DOWN since Oct 27th, 2021 at 30.8000
Smart Scan Analysis for DRVN
Based on our trend formula, DRVN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.5599||52wk High Date||2021-02-12|
|52wk Low||22.26||52wk Low Date||2021-03-26|
|Average Volume||351,159||Shares Outstanding||167,369|