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DASH Stock Forecast & DoorDash Chart Analysis

This article provides a detailed analysis of DASH-DoorDash stock including a forecast for DASH shares. It features DoorDash, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

DASH Historical Data Review

DASH Current Price Performance Analysis

The DoorDash - DASH stock traded on the American stock market, on 06-05-2024, closed at 110.58$ with a %-0.65 decreased compared to the previous day.

In the last month, the price of DASH changed by %-5.96 decreased in value, from 117.59 dollars on 05-06-2024 to 110.58 dollars, decreased.

Last year, the price of DASH was 71.19 dollars on 06-06-2023, and changed by %55.33 increased in value, to 110.58 dollars increased within a year.

The price of DoorDash stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

DASH with AI Stock Forecast & Price Target

DASH stock forecast DoorDash price target

On the DASH chart DoorDash price was recorded as 110.58 Dollars on 06/05/2024.

The artificial intelligence's forecast on DASH stock is as follows.

The artificial intelligence's prediction error margin for DASH stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for DoorDash stock over the next 4 months is: 223.4 Dollars.

The commentary on DASH stock Target Price: Highest: 287.755 Dollars is predicted.

The commentary on DASH stock Target Price: Lowest: 159.653 Dollars is predicted.

Resistance Price where DoorDash stock will Rise and Fall:

Date Price Prediction
10-03-2024 287.755
02-20-2025 228.531

Support Price where DoorDash stock will Fall and Rise:

Date Price Prediction
01-06-2025 194.734
04-01-2025 188.803

The commentary on DASH stock: Fluctuations in the target price can be expected in the coming days.

The target price for DoorDash stock by the end of 2024 is predicted to be 201.429 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on DASH stock, and the 2024 target price predictions for DoorDash are detailed above.

The technical analysis and charts for the commentary on DASH stock are below.

DASH Support & Resistance and Trend Analysis

DASH review DoorDash technical analysis trend chart DASH priceDASH stock support and resistance price chart

DASH stock you have reviewed the technical analysis support resistance charts regarding.

DASH : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the DASH review, the DoorDash support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

DoorDash Support and Resistance Prices:

DASH Support Level Price DASH Resistance Level Price
92.56 99.25
93.33 103.79
98.40 103.98
100.28 110.49
103.57 113.81
106.22 117.96
109.00 119.30
109.06 126.65
109.43 133.74
110.50 134.43
125.05 140.00
127.24 142.76
143.34

DASH Technical Analysis: SMA, RSI, MACD

DASH review DoorDash SMA chart analysis DASH priceDASH buy or sell review DoorDash MACD chart analysis DASH price

Upon reviewing the DASH chart, buy and sell signals have been generated in the DoorDash technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for DASH stock are as follows:
  1. DASH technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for DoorDash gave a 'Buy' signal when the RSI was at 28.073, with the current RSI value at 31.613.
  3. The technical analysis for DASH indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for DoorDash issued a 'Buy' signal when the MACD was at -4.089, with the current MACD value being: -3.498

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.