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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 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
14.980 15.030 14.095 14.255 -0.795
Entry Signal

MarketClub’s Trade Triangles for DRVN

long term up The long-term trend has been UP since Mar 7th, 2024 at 14.595

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 14.640

short term up The short-term trend has been UP since Apr 23rd, 2024 at 14.800

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
14.980 15.030 14.095 14.255 -0.795
Prev. Close Volume Bid Ask Time
15.050 1190679 2024-04-24 15:59:44
52wk High31.4752wk High Date2023-04-28
52wk Low10.60552wk Low Date2023-11-01
Average Volume877,434Shares Outstanding163,972
Assets591,080,400MLiabilities500,472,500M
P/E Ratio18.2949
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