DARLING INGREDIENTS INC (DAR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DAR - US2372661015 - Common Stock
We assign a technical rating of 6 out of 10 to DAR. DAR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
DAR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 36.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.36, a Stop Loss order could be placed below this zone.
More info and screens
29.43
We found 2 important support areas.
- A support zone ranging from 33.80 to 34.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.73 to 30.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 36.58 to 37.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for DAR is down. |
| ChartMill Relative Strength | 59.43 | NEUTRAL | DAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DAR is below 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) | 47.86 | NEUTRAL | The RSI value for DAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests DAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.37 | OVERSOLD | The low Stochastics value suggests DAR may be oversold. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for DAR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.6 | NEGATIVE | The low ADX value for DAR suggests a weak or negative 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 |
|---|---|---|---|
| 35.34 | 34.00 | 1.34 (3.80%) | 25.00% |
| An entry @35.34. This is a Buy Stop order right above the 10 day moving average. | An exit @34.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.34 points, which is 3.80%. | For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DAR. Please evaluate whether better entry and exit points can be found.
- 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.
34.72
+0.35 (+1.02%)
DARLING INGREDIENTS INC / DAR FAQ
What is the ChartMill technical rating of DARLING INGREDIENTS INC (DAR) stock?
ChartMill assigns a technical rating of 6 / 10 to DAR.
What is the trend direction for DAR stock?
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 47.8612. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DARLING INGREDIENTS INC?
The short term momentum for DARLING INGREDIENTS INC (DAR) is negative.
What is the support and resistance level for DAR stock?
DARLING INGREDIENTS INC (DAR) has a support level at 34.36 and a resistance level at 36.58. Check the full technical report for our detailed analysis of DAR support and resistance levels.