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Driven Brands Holdings (Driven Brands Holdings) 14-Day RSI : 26.86 (As of May. 05, 2024)


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What is Driven Brands Holdings 14-Day RSI?

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.

As of today (2024-05-05), Driven Brands Holdings's 14-Day RSI is 26.86.

The industry rank for Driven Brands Holdings's 14-Day RSI or its related term are showing as below:

DRVN's 14-Day RSI is ranked better than
97.45% of 1335 companies
in the Vehicles & Parts industry
Industry Median: 50.77 vs DRVN: 26.86

Competitive Comparison of Driven Brands Holdings's 14-Day RSI

For the Auto & Truck Dealerships subindustry, Driven Brands Holdings's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Driven Brands Holdings's 14-Day RSI Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Driven Brands Holdings's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Driven Brands Holdings's 14-Day RSI falls into.



Driven Brands Holdings  (NAS:DRVN) 14-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Driven Brands Holdings  (NAS:DRVN) 14-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.


Driven Brands Holdings 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Driven Brands Holdings's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Driven Brands Holdings (Driven Brands Holdings) Business Description

Traded in Other Exchanges
N/A
Address
440 South Church Street, Suite 700, Charlotte, NC, USA, 28202
Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.
Executives
Jonathan G. Fitzpatrick director, officer: President & CEO 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Gary W Ferrera officer: EVP, Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Muhammad Khalid officer: EVP, Seg. Pres. - Maintenance 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Rc Iv Cayman Icw Holdings Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Neal K Aronson director, 10 percent owner, other: See Remarks 1180 PEACHTREE STREET NE., SUITE 2500, ATLANTA GA 30309
Driven Equity Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Michael G. Macaluso officer: EVP & Grp Pres-Pt., Coll & Gl. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Jose D. Tomas director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Driven Equity Sub Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Rc Iv Cayman Icw Holdings Sub Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Roark Capital Partners Iii Aiv Lp 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Daniel R. Rivera officer: EVP & Group President, Maint. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
John R. Teddy officer: EVP & President, Car Wash N.A. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Karen B. Stroup director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Michael Beland officer: SVP & Chief Accounting Officer 440 S. CHURCH ST., SUITE 700, CHARLOTTE NC 28202

Driven Brands Holdings (Driven Brands Holdings) Headlines

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