BRINKER INTERNATIONAL INC (EAT) Technical Analysis
NYSE:EAT • US1096411004
Current stock price
EAT Technical Rating and Analysis
Taking everything into account, EAT scores 3 out of 10 in our technical rating. EAT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month EAT has a been trading in the 129.02 - 153.53 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- EAT has an average volume of 1289480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, EAT turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- EAT is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, EAT did better than 54% of them.
- EAT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EAT is lagging the market slightly.
EAT Weekly and Daily overview Charts
EAT Setup Rating and Analysis
Although the technical rating is bad, EAT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 136.35, a Stop Loss order could be placed below this zone.
More info and screens
EAT Support and Resistance Analysis
115.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 133.66 to 136.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @116.42 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 144.70 to 147.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 150.05 to 152.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @165.36 from a trend line in the weekly time frame.
- Resistance @168.11 from a trend line in the daily time frame.
- Resistance @181.97 from a horizontal line in the weekly time frame.
EAT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for EAT is neutral. |
| ChartMill Relative Strength | 42.32 | 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) | 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) | 50.55 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests EAT has a positive trend. |
| Stochastics (14,3) | 58.55 | NEUTRAL | The Stochastics value for EAT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for EAT suggests a weak or negative trend. |
EAT Chart- and CandleStick Pattern Analysis
EAT Technicals: Chart, Performance Metrics, Trend & Indicators
144.69
+1.34 (+0.93%)
BRINKER INTERNATIONAL INC / EAT TA FAQ
What is the technical rating for EAT stock?
ChartMill assigns a technical rating of 3 / 10 to EAT.
What is the current trend direction of BRINKER INTERNATIONAL INC (EAT) stock?
The current trend direction for BRINKER INTERNATIONAL INC (EAT) is Bearish.
What is the RSI signal for EAT stock?
BRINKER INTERNATIONAL INC (EAT) has an RSI value of 50.549. This indicates that the stock is currently neutral.
What is the short term momentum for EAT stock?
The short term momentum for BRINKER INTERNATIONAL INC (EAT) is neutral.