DARDEN RESTAURANTS INC (DRI) Technical Analysis
NYSE:DRI • US2371941053
Current stock price
196.33 USD
+3.27 (+1.69%)
At close:
196.33 USD
0 (0%)
After Hours:
DRI Technical Rating and Analysis
Overall DRI gets a technical rating of 2 out of 10. DRI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- DRI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- DRI has an average volume of 1444040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, DRI turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- DRI is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 58% of 126 stocks in the same industry.
- DRI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DRI is lagging the market slightly.
DRI Weekly and Daily overview Charts
DRI Setup Rating and Analysis
Although the technical rating is bad, DRI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
DRI Support and Resistance Analysis
167.51
222.47
5 important support areas can be observed.
- Support @193.57 from a trend line in the daily time frame.
- Support @182.85 from a trend line in the weekly time frame.
- Support @176.81 from a trend line in the weekly time frame.
- Support @173.82 from a horizontal line in the weekly time frame.
- Support @169.20 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 197.30 to 201.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @213.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 217.28 to 220.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
DRI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for DRI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRI is down. |
| ChartMill Relative Strength | 46.03 | NEUTRAL | DRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.04 | NEUTRAL | The RSI value for DRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests DRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.74 | OVERSOLD | The low Stochastics value suggests DRI may be oversold. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for DRI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for DRI suggests a possible start of a new trend. |
DRI Chart- and CandleStick Pattern Analysis
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)
DRI Technicals: Chart, Performance Metrics, Trend & Indicators
196.33
+3.27 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.69%
1 Week-1.28%
2 Weeks-3.96%
1 Month-4.79%
3 Month4.87%
6 Month1.63%
12 Month2.05%
2 Year27.98%
3 Year29.22%
5 Year33.81%
10 Year215.39%
15 Year317.99%
Volatility
ATR(14)6.44
ATR(20)%3.29%
ATR Inc-13.8%
Range Today6.81
ADR(20)6.1
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.03
3 months CRS77.56
6 months CRS65.35
Mansfield-0.43
10 Day High208
10 Day Low190.22
20 Day High210.98
20 Day Low190.22
52 Week High228.27
52 Week Low169
CS1 End193.57
CR1 Start197.3
Volume & EV
DER(3)1.1%
DER(5)1.23%
Volume1.25M
Volume Incr-26.53%
Vol(5)1.27M
Vol(50)1.44M
DARDEN RESTAURANTS INC / DRI TA FAQ
Can you provide the ChartMill technical rating for DARDEN RESTAURANTS INC?
ChartMill assigns a technical rating of 2 / 10 to DRI.
Can you provide the trend direction for DARDEN RESTAURANTS INC?
The current trend direction for DARDEN RESTAURANTS INC (DRI) is Bearish.
What is the RSI signal for DRI stock?
DARDEN RESTAURANTS INC (DRI) has an RSI value of 44.0427. This indicates that the stock is currently neutral.
What is the short term momentum for DARDEN RESTAURANTS INC (DRI) stock?
The short term momentum for DARDEN RESTAURANTS INC (DRI) is negative.
What is the support and resistance level for DRI stock?
DARDEN RESTAURANTS INC (DRI) has a support level at 193.57 and a resistance level at 197.3. Check the full technical report for our detailed analysis of DRI support and resistance levels.