Driven Brands Holdings Inc

DRVN remains in a Stage 4 downtrend with failed attempts to reclaim key EMAs and the 50-day SMA, indicating sustained bearish control. Under a speculative framework, execution should focus on selling rallies into resistance zones around the short-term EMAs and 50-day SMA. Patience is warranted as price is currently at support; look to engage on renewed strength into the ~12.7–13.8 area.

• ↑Q2 free cash flow $44.7M (+$13.2M YoY) underpins capex
• ↑Take 5 same-store sales growth of 3.6% sustains momentum
• ↓Adjusted EBITDA $107M (-7% YoY) weighs on margins