DoorDash Inc

Although DASH remains within a Stage 2 advancing uptrend, the recent bearish exhaustion at a marginal new high and subsequent pullback below the declining 9 EMA indicate short-term selling pressure. Price is now approaching the rising 20 EMA and 50 SMA, which align with structural support and the active Bearish Exhaustion pattern implies a higher probability of a mean-reversion bounce. With no Lockout Rally and overbought conditions evident (OB), execution is best deferred until price pulls back into and finds acceptance at the EMAs.

• ↑Q1 2026 revenue $4.036 B (+33.1% YoY) highlights robust user engagement
• ↑Grocery and retail expansion drove grocery sales up 35% YoY
• ↓Negative earnings yield signals potential struggles in generating shareholder value