BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EAT - US1096411004 - Common Stock
Overall EAT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EAT is showing a nice and steady performance.
EAT has an excellent technical rating, but the quality of the setup is only medium 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.
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107.93
When analyzing the support we can see 4 important areas.
- A support zone ranging from 149.31 to 151.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @146.24 from a trend line in the daily time frame.
- A support zone ranging from 142.77 to 143.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @109.02 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @160.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 181.97 to 182.78. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for EAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EAT is up. |
| ChartMill Relative Strength | 80.94 | POSITIVE | EAT has a high relative strength, it outperformed 80.94% off all stocks 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) | UP | POSITIVE | The current price of EAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.82 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests EAT has a positive trend. |
| Stochastics (14,3) | 89.36 | 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) | 24.13 | NEUTRAL | The ADX value for EAT suggests a possible start of a new trend. |
160.01
+0.01 (+0.01%)
BRINKER INTERNATIONAL INC / EAT FAQ
What is the technical rating for EAT stock?
ChartMill assigns a technical rating of 9 / 10 to EAT.
Can you provide the trend direction for BRINKER INTERNATIONAL INC?
The current trend direction for BRINKER INTERNATIONAL INC (EAT) is Bullish.
Can you provide the RSI signal for BRINKER INTERNATIONAL INC?
BRINKER INTERNATIONAL INC (EAT) has an RSI value of 67.8228. This indicates that the stock is currently neutral.
What is the buy/sell signal for BRINKER INTERNATIONAL INC (EAT) stock?
The buy/sell signal for BRINKER INTERNATIONAL INC (EAT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BRINKER INTERNATIONAL INC (EAT) stock?
BRINKER INTERNATIONAL INC (EAT) has a support level at 151.81 and a resistance level at 160.02. Check the full technical report for our detailed analysis of EAT support and resistance levels.