DARDEN RESTAURANTS INC (DRI) Stock Technical Analysis
USA - NYSE:DRI - US2371941053 - Common Stock
193.18 USD
-0.31 (-0.16%)
193.18 USD
0 (0%)
Taking everything into account, DRI scores 1 out of 10 in our technical rating. DRI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 1217460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 47% of all stocks.
DRI is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, DRI did better than 65% of them.
DRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRI is lagging the market.
DRI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 198.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 186.58, a Stop Loss order could be placed below this zone.
More info and screens
178.22
215.54
2 important support areas can be observed.
- A support zone ranging from 184.72 to 186.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @180.02 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 198.22 to 202.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 208.56 to 213.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for DRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRI is down. |
| ChartMill Relative Strength | 47.3 | 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) | UP | MIXED | The current price of DRI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.23 | NEUTRAL | The RSI value for DRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRI has a positive trend. |
| Stochastics (14,3) | 31.93 | NEUTRAL | The Stochastics value for DRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for DRI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.04 | POSITIVE | The high ADX value value for DRI suggests a strong trend. |
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)
193.18
-0.31 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.16%
1 Week2.69%
2 Weeks4.57%
1 Month-8.07%
3 Month-12.3%
6 Month0.42%
12 Month17.19%
2 Year32.74%
3 Year34.96%
5 Year110.16%
10 Year212.13%
15 Year322.62%
Volatility
ATR(14)5.1
ATR(20)%2.38%
ATR Inc-41.8%
Range Today2.62
ADR(20)3.86
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.3
Mansfield-1.1
10 Day High194.31
10 Day Low182.76
20 Day High215.28
20 Day Low182.76
52 Week High228.27
52 Week Low155.18
CS1 End186.58
CR1 Start198.22
Volume & EV
DER(3)1.62%
DER(5)1.65%
Volume930.30K
Volume Incr-25.18%
Vol(5)1.15M
Vol(50)1.22M