DARLING INGREDIENTS INC (DAR) Stock Technical Analysis
NYSE:DAR • US2372661015
Overall DAR gets a technical rating of 9 out of 10. 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.
- DAR is one of the better performing stocks in the Food Products industry, it outperforms 93% of 87 stocks in the same industry.
- DAR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DAR has a been trading in the 41.21 - 52.88 range, which is quite wide. It is currently trading near the high of this range.
- DAR has an average volume of 2379550 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 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
Although DAR has an excellent technical rating, it does not present a decent entry opportunity 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.22 to 47.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.42 to 30.92. 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 | 90.03 | POSITIVE | DAR has a high relative strength, it outperformed 90.03% 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) | 85.98 | OVERBOUGHT | The high RSI value suggests DAR may be overbought. |
| 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) | 84.13 | OVERBOUGHT | The high Stochastics value suggests DAR may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for DAR suggests some volalility. |
| Average Directional Index/ADX (14) | 57.74 | POSITIVE | The high ADX value value for DAR suggests a strong trend. |
51.75
+0.08 (+0.15%)
DARLING INGREDIENTS INC / DAR FAQ
What is the ChartMill technical rating of DARLING INGREDIENTS INC (DAR) stock?
ChartMill assigns a technical rating of 9 / 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 85.9823. 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 0.156608, 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.