BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
NYSE:EAT - New York Stock Exchange, Inc. - US1096411004 - Common Stock - Currency: USD
Taking everything into account, EAT scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that EAT is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, EAT also shows a nice and consistent pattern of rising prices.
EAT is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 95% of 134 stocks in the same industry.
EAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EAT has a been trading in the 143.17 - 183.75 range, which is quite wide. It is currently trading near the high of this range.
EAT has an average volume of 1689850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
126.08
183.07
We found 5 important support areas.
- A support zone ranging from 171.64 to 175.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 165.39 to 168.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @146.32 from a trend line in the weekly time frame.
- Support @132.10 from a horizontal line in the daily time frame.
- Support @127.35 from a horizontal line in the daily 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 | 97.19 | POSITIVE | EAT has a high relative strength, it outperformed 97.19% 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) | 67.02 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests EAT has a positive trend. |
| Stochastics (14,3) | 89.19 | OVERBOUGHT | The high Stochastics value suggests EAT may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.96 | NEUTRAL | The ADX value for EAT suggests a possible start of a new 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)
181.26
+6.69 (+3.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.83%
1 Week4.5%
2 Weeks3.04%
1 Month19.56%
3 Month25.17%
6 Month35.01%
12 Month154.4%
2 Year395.25%
3 Year722.79%
5 Year655.25%
10 Year214.41%
15 Year1153.53%
Volatility
ATR(14)6.42
ATR(20)%3.73%
ATR Inc14%
Range Today6.96
ADR(20)6.34
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.19
Mansfield4.38
10 Day High183.75
10 Day Low166.38
20 Day High183.75
20 Day Low143.17
52 Week High192.22
52 Week Low56.27
CS1 End175.94
CR1 StartN/A
Volume & EV
DER(3)1.29%
DER(5)1.89%
Volume1.67M
Volume Incr6.54%
Vol(5)1.46M
Vol(50)1.69M