DARLING INGREDIENTS INC (DAR) Stock Technical Analysis
NYSE:DAR • US2372661015
We assign a technical rating of 10 out of 10 to DAR. Both in the recent history as in the last year, DAR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DAR is one of the better performing stocks in the market, outperforming 92% of all stocks.
- DAR is one of the better performing stocks in the Food Products industry, it outperforms 91% of 88 stocks in the same industry.
- A new 52 week high is currently being made by DAR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month DAR has a been trading in the 45.15 - 54.24 range, which is quite wide. It is currently trading near the high of this range.
- DAR has an average volume of 2370790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although DAR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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29.44
When analyzing the support we can see 3 important areas.
- Support @47.22 from a horizontal line in the daily time frame.
- A support zone ranging from 30.42 to 31.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.74 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAR is up. |
| ChartMill Relative Strength | 92.54 | POSITIVE | DAR has a high relative strength, it outperformed 92.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.9 | OVERBOUGHT | The high RSI value suggests DAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests DAR may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for DAR suggests some volalility. |
| Average Directional Index/ADX (14) | 63.29 | POSITIVE | The high ADX value value for DAR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.25 | 50.20 | 4.05 (7.47%) | 13.40% |
| An entry @54.25. This is a Buy Stop order right above the 10 day high. | An exit @50.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.05 points, which is 7.47%. | For a 1.00% total portfolio risk, you can invest 13.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
54.2
+1.04 (+1.96%)
DARLING INGREDIENTS INC / DAR FAQ
What is the ChartMill technical rating of DARLING INGREDIENTS INC (DAR) stock?
ChartMill assigns a technical rating of 10 / 10 to DAR.
Can you provide the trend direction for DARLING INGREDIENTS INC?
The current trend direction for DARLING INGREDIENTS INC (DAR) is Bullish.
Can you provide the RSI signal for DARLING INGREDIENTS INC?
DARLING INGREDIENTS INC (DAR) has an RSI value of 87.8979. This indicates that the stock is currently overbought.
Can you provide the MACD signal for DARLING INGREDIENTS INC?
The MACD indicator for DARLING INGREDIENTS INC (DAR) has a value of -0.046544, indicating a bearish trend.
What is the buy/sell signal for DAR stock?
The buy/sell signal for DARLING INGREDIENTS INC (DAR) is buy as both the short term and long term trends are positive.