Overall DFRG gets a technical rating of 6 out of 10. Although DFRG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DFRG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DFRG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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7.75
We found 1 important support area.
- A support zone ranging from 7.83 to 7.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.99 to 8.00. This zone is formed by a combination of multiple trend lines 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 DFRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFRG is up. |
| ChartMill Relative Strength | 51.92 | NEUTRAL | DFRG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DFRG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for DFRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DFRG has a negative trend. |
| Stochastics (14,3) | 93.94 | OVERBOUGHT | The high Stochastics value suggests DFRG may be overbought. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for DFRG suggests low volalility. |
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 |
|---|---|---|---|
| 8.01 | 7.88 | 0.13 (1.62%) | 25.00% |
| An entry @8.01. This is a Buy Stop order right above the resistance zone. | An exit @7.88. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 1.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%. |
- 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.
7.98
-0.02 (-0.25%)
DEL FRISCOS RESTAURANT GROUP I / DFRG FAQ
What is the technical rating for DFRG stock?
ChartMill assigns a technical rating of 6 / 10 to DFRG.
What is the current trend direction of DEL FRISCOS RESTAURANT GROUP I (DFRG) stock?
The current trend direction for DEL FRISCOS RESTAURANT GROUP I (DFRG) is Bullish.
What is the RSI signal for DEL FRISCOS RESTAURANT GROUP I (DFRG) stock?
DEL FRISCOS RESTAURANT GROUP I (DFRG) has an RSI value of 54.3647. This indicates that the stock is currently neutral.
What is the short term momentum for DFRG stock?
The short term momentum for DEL FRISCOS RESTAURANT GROUP I (DFRG) is positive.
What is the support and resistance level for DFRG stock?
DEL FRISCOS RESTAURANT GROUP I (DFRG) has a support level at 7.98 and a resistance level at 7.99. Check the full technical report for our detailed analysis of DFRG support and resistance levels.