BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
USA - NYSE:EAT - US1096411004 - Common Stock
We assign a technical rating of 0 out of 10 to EAT. EAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of EAT is bad and it also does not present a quality setup 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
103.52
When analyzing the resistance we notice 4 important areas.
- Resistance @125.45 from a trend line in the daily time frame.
- A resistance zone ranging from 133.67 to 135.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @181.97 from a horizontal line in the weekly time frame.
- Resistance @189.14 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 | DOWN | NEGATIVE | The long term trend for EAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EAT is down. |
| ChartMill Relative Strength | 13.62 | NEGATIVE | EAT has a low relative strength, it was outperformed by 86.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.51 | OVERSOLD | The low RSI value suggests EAT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.95 | NEGATIVE | The MACD value suggests EAT has a negative trend. |
| Stochastics (14,3) | 5.17 | OVERSOLD | The low Stochastics value suggests EAT may be oversold. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for EAT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.35 | POSITIVE | The high ADX value value for EAT suggests a strong trend. |
104.57
-0.48 (-0.46%)
BRINKER INTERNATIONAL INC / EAT FAQ
What is the technical rating for EAT stock?
ChartMill assigns a technical rating of 0 / 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 22.5076. This indicates that the stock is currently oversold.
Can you provide the short term momentum for BRINKER INTERNATIONAL INC?
The short term momentum for BRINKER INTERNATIONAL INC (EAT) is negative.
What is the buy/sell signal for EAT stock?
The buy/sell signal for BRINKER INTERNATIONAL INC (EAT) is sell as both the short term and long term trends are negative.