DARLING INGREDIENTS INC (DAR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DAR - US2372661015 - Common Stock
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.
- The long and short term trends are both positive. This is looking good!
- DAR is one of the better performing stocks in the Food Products industry, it outperforms 86% of 87 stocks in the same industry.
- DAR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAR is lagging the market slightly.
- In the last month DAR has a been trading in the 34.01 - 41.19 range, which is quite wide. It is currently trading near the high of this range.
- DAR has an average volume of 2091830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that DAR is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although DAR has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
29.44
5 important support areas can be observed.
- A support zone ranging from 35.85 to 36.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.14 from a trend line in the daily time frame.
- A support zone ranging from 34.36 to 34.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.42 to 30.70. 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.
We found 1 important resistance area.
- Resistance @39.58 from a horizontal line in the weekly 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 | 77.19 | POSITIVE | DAR has a high relative strength, it outperformed 77.19% 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) | 63.88 | NEUTRAL | The RSI value for DAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests DAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.19 | NEUTRAL | The Stochastics value for DAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for DAR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.25 | POSITIVE | The high ADX value value for DAR suggests a strong trend. |
39.57
-0.86 (-2.13%)
DARLING INGREDIENTS INC / DAR FAQ
What is the ChartMill technical rating of DARLING INGREDIENTS INC (DAR) stock?
ChartMill assigns a technical rating of 8 / 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 63.8784. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DARLING INGREDIENTS INC?
The MACD indicator for DARLING INGREDIENTS INC (DAR) has a value of 0.272016, 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.