DoorDash's 15-min chart indicates MACD Death Cross, KDJ Death Cross.

Doordash's 15-minute chart has exhibited a MACD Death Cross and KDJ Death Cross on September 16, 2025, at 11:45. This indicates that the stock price has the potential to continue its downward trajectory, with momentum shifting towards the downside and further depreciation anticipated.

The European Union Commission has approved DoorDash's acquisition of Deliveroo, following a comprehensive review of the transaction EU approves Doordash’s Deliveroo takeover^[1]. The deal, valued at £2.9bn, aims to bolster Deliveroo's market share and expand DoorDash's geographic footprint, entering nine new countries, including the UK EU approves Doordash’s Deliveroo takeover^[1]. This strategic move comes as Deliveroo's stock has shown signs of technical weakness, with a MACD Death Cross and KDJ Death Cross on September 16, 2025, at 11:45, indicating potential downward momentum .

The approval of the merger by the EU Commission signifies that the regulatory bodies have found no antitrust concerns with the acquisition. DoorDash, currently operating in over 30 countries and serving over 42 million monthly active users, will now expand its reach to over 40 countries, potentially serving a combined population exceeding one billion people EU approves Doordash’s Deliveroo takeover^[1]. The combined entity is expected to handle annual orders exceeding £10bn, marking a significant market presence EU approves Doordash’s Deliveroo takeover^[1].

Technical indicators, however, suggest a bearish trend for DoorDash's stock. The MACD Death Cross and KDJ Death Cross are both strong signals of a potential reversal in stock price, indicating that the momentum is shifting towards the downside . Investors should closely monitor these indicators and other market dynamics to make informed decisions.