DARLING INGREDIENTS INC (DAR) Stock Technical Analysis
NYSE:DAR - New York Stock Exchange, Inc. - US2372661015 - Common Stock - Currency: USD
Taking everything into account, DAR scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DAR is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
DAR is part of the Food Products industry. There are 91 other stocks in this industry. DAR outperforms 80% of them.
DAR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DAR has an average volume of 2658010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DAR did better than 71% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
DAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DAR is lagging the market.
DAR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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 38.13. Right above this resistance zone may be a good entry point.
More info and screens
31.29
43.49
We found 2 important support areas.
- A support zone ranging from 37.10 to 37.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 31.61 to 31.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 38.18 to 38.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.04 from a trend line in the daily time frame.
- A resistance zone ranging from 43.05 to 43.06. 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 | UP | POSITIVE | The short term trend for DAR is up. |
| ChartMill Relative Strength | 71.88 | POSITIVE | DAR has a high relative strength, it outperformed 71.88% 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) | 65.25 | NEUTRAL | The RSI value for DAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.58 | OVERBOUGHT | The high Stochastics value suggests DAR may be overbought. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for DAR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.74 | POSITIVE | The high ADX value value for DAR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 38.38 | 37.30 | 1.08 (2.81%) | 25.00% |
| An entry @38.38. This is a Buy Stop order right above the resistance zone. | An exit @37.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.08 points, which is 2.81%. | For a 0.70% 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.
38.11
+0.17 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.45%
1 Week-1.32%
2 Weeks-1.22%
1 Month23.77%
3 Month30.42%
6 Month9.86%
12 Month5.48%
2 Year-44.97%
3 Year-44.99%
5 Year36.45%
10 Year196.58%
15 Year367.03%
Volatility
ATR(14)1.69
ATR(20)%4.01%
ATR Inc-19.87%
Range Today1.52
ADR(20)1.45
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.88
Mansfield-0.14
10 Day High39.48
10 Day Low36.85
20 Day High39.53
20 Day Low29.84
52 Week High43.49
52 Week Low26
CS1 End37.31
CR1 Start38.13
Volume & EV
DER(3)1.09%
DER(5)0.26%
Volume2.69M
Volume Incr73.91%
Vol(5)4.46M
Vol(50)2.66M