BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
USA - NYSE:EAT - US1096411004 - Common Stock
138.68 USD
-0.02 (-0.01%)
138.68 USD
0 (0%)
We assign a technical rating of 4 out of 10 to EAT. Although EAT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month EAT has a been trading in the 134.02 - 171.13 range, which is quite wide. It is currently trading near the lows of this range.
EAT is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 84% of 134 stocks in the same industry.
EAT has an average volume of 1335580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, EAT did better than 86% of all other stocks. On top of that, EAT also shows a nice and consistent pattern of rising prices. However, we also see that EAT couldn't keep up this performance in the last couple of months.
EAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EAT is lagging the market.
EAT has an average technical rating and it also does not offer a high 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
126.08
191.03
We found 3 important support areas.
- A support zone ranging from 136.34 to 136.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.10 from a horizontal line in the daily time frame.
- Support @127.35 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 150.04 to 152.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 155.34 to 158.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @165.89 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for EAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EAT is down. |
| ChartMill Relative Strength | 86 | POSITIVE | EAT has a high relative strength, it outperformed 86% 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) | UP | MIXED | The current price of EAT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.96 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.78 | NEGATIVE | The MACD value suggests EAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.48 | OVERSOLD | The low Stochastics value suggests EAT may be oversold. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for EAT suggests a weak or negative 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)
138.68
-0.02 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.01%
1 Week-3.82%
2 Weeks-10.94%
1 Month-8.67%
3 Month-22.98%
6 Month-6.04%
12 Month83.46%
2 Year339%
3 Year455.16%
5 Year224.63%
10 Year163.3%
15 Year635.31%
Volatility
ATR(14)5.98
ATR(20)%4.33%
ATR Inc-35.57%
Range Today4.09
ADR(20)5.77
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86
Mansfield-1.36
10 Day High159.41
10 Day Low134.02
20 Day High171.14
20 Day Low134.02
52 Week High192.22
52 Week Low74.73
CS1 End136.34
CR1 Start150.04
Volume & EV
DER(3)1.76%
DER(5)0.57%
Volume1.13M
Volume Incr37.62%
Vol(5)1.64M
Vol(50)1.34M