Stock Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
Driven Brands Holdings Inc. (NASDAQ:DRVN)
Bull Market Weakness (+75) - DRVN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DRVN as it may be in the beginning stages 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 Dec 14th, 2022 at 27.94
The intermediate-term trend has been UP since Jan 11th, 2023 at 27.99
The short-term trend has been UP since Jan 24th, 2023 at 28.25
Smart Scan Analysis for DRVN
Based on our trend formula, DRVN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.45||52wk High Date||2022-09-12|
|52wk Low||24.62||52wk Low Date||2022-05-12|
|Average Volume||566,371||Shares Outstanding||167,404|