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Driven Brands Holdings Inc.

DRVNNASDAQ
Consumer Cyclical
Auto - Dealerships
$12.36
$-0.30(-2.37%)
U.S. Market opens in 65h 19m

Driven Brands Holdings Inc. (DRVN) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Driven Brands Holdings Inc. (NASDAQ:DRVN).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DRVN Technical Analysis Summary

Driven Brands Holdings Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.58)
Trend Strength:Moderate (ADX: 25.25)
Volatility:Medium (ATR: 0.61)
Support/Resistance:$9.88 – $13.65 (Bollinger Bands)

This mix signals that Driven Brands Holdings Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.58

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.43

Bullish
Buying momentum building without extremes.

Williams %R: -26.15

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 21.16

Strongly Bullish
Strong upside momentum.

Takeaway:Driven Brands Holdings Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.25

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.61

Low
Low volatility, stable price action.

CCI (14): 66.52

Bullish
Bullish, momentum building upward.

Takeaway:Driven Brands Holdings Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$13.65
Middle Band (SMA 20)
$11.76
Lower Band
$9.88
Current Position
Within Bands

Takeaway:Driven Brands Holdings Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$13.43
Middle Line (EMA 20)
$12.22
Lower Channel
$11.01
Squeeze Status
No Squeeze

Takeaway:Driven Brands Holdings Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-13.80M
Money Flow Index78.50Bullish, inflows support continued momentum.
Relative Vigor Index51.16Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DRVN shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Driven Brands Holdings Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Driven Brands Holdings Inc. are mixed, suggesting a Hold or wait-and-see approach.

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