DARDEN RESTAURANTS INC (DRI) Stock Technical Analysis
NYSE:DRI - New York Stock Exchange, Inc. - US2371941053 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to DRI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DRI did better than 90% of all other stocks. We also observe that the gains produced by DRI over the past year are nicely spread over this period.
DRI is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. DRI outperforms 85% of them.
DRI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DRI is leading the market.
In the last month DRI has a been trading in the 194.97 - 211.82 range, which is quite wide. It is currently trading near the high of this range.
DRI has an average volume of 1483740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although DRI has an excellent technical rating, the quality of the presented setup is not ideal 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
154.05
213.78
5 important support areas can be observed.
- A support zone ranging from 198.97 to 204.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @192.29 from a trend line in the weekly time frame.
- Support @185.98 from a horizontal line in the weekly time frame.
- A support zone ranging from 180.02 to 182.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @155.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 211.66 to 211.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.56
Mansfield1.47
10 Day High211.82
10 Day Low196.69
20 Day High211.82
20 Day Low194.97
52 Week High211.82
52 Week Low135.87
Performance
1 Week1%
2 Weeks4.3%
1 Month2.17%
3 Month8.28%
6 Month23.47%
12 Month40.27%
2 Year30.61%
3 Year65.63%
5 Year169.37%
10 Year215.9%
15 Year382.61%
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)
Technical Indicators
MACD(12,26,9)0.77
RSI(14)57.17
LBB195.03
UBB212.55
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 |
|---|---|---|---|
| 211.67 | 196.68 | 14.99 (7.08%) | 14.12% |
| An entry @211.67. This is a Buy Stop order right above the resistance zone. | An exit @196.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.99 points, which is 7.08%. | For a 1.00% total portfolio risk, you can invest 14.12% of your capital in this trade. |
- 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.
207.04
-1.69 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.81%
1 Week1%
2 Weeks4.3%
1 Month2.17%
3 Month8.28%
6 Month23.47%
12 Month40.27%
2 Year30.61%
3 Year65.63%
5 Year169.37%
10 Year215.9%
15 Year382.61%
Volatility
ATR(14)3.9
ATR(20)%1.98%
ATR Inc-27.46%
Range Today2.48
ADR(20)3.62
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.56
Mansfield1.47
10 Day High211.82
10 Day Low196.69
20 Day High211.82
20 Day Low194.97
52 Week High211.82
52 Week Low135.87
CS1 End204.81
CR1 Start211.66
Volume & EV
DER(3)3.76%
DER(5)4.42%
Volume1.23M
Volume Incr54.62%
Vol(5)1.99M
Vol(50)1.48M