BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EAT - US1096411004 - Common Stock
Taking everything into account, EAT scores 6 out of 10 in our technical rating. In the past year, EAT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
EAT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
103.72
When analyzing the support we notice one important area.
- Support @104.77 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 153.80 to 153.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @181.97 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for EAT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EAT is up. |
| ChartMill Relative Strength | 68.75 | NEUTRAL | EAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EAT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.74 | OVERBOUGHT | The high RSI value suggests EAT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.24 | POSITIVE | The MACD value suggests EAT has a positive trend. |
| Stochastics (14,3) | 95.09 | OVERBOUGHT | The high Stochastics value suggests EAT may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.36 | POSITIVE | The high ADX value value for EAT suggests a strong trend. |
153.79
+2.02 (+1.33%)
BRINKER INTERNATIONAL INC / EAT FAQ
What is the technical rating for EAT stock?
ChartMill assigns a technical rating of 6 / 10 to EAT.
What is the trend direction for EAT stock?
The current trend direction for BRINKER INTERNATIONAL INC (EAT) is Bearish.
Can you provide the RSI signal for BRINKER INTERNATIONAL INC?
BRINKER INTERNATIONAL INC (EAT) has an RSI value of 76.7399. This indicates that the stock is currently overbought.
Can you provide the short term momentum for BRINKER INTERNATIONAL INC?
The short term momentum for BRINKER INTERNATIONAL INC (EAT) is positive.