BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EAT - US1096411004 - Common Stock
We assign a technical rating of 6 out of 10 to EAT. EAT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
EAT has an average technical rating and the quality of the presented setup is also not ideal 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
104.42
When analyzing the support we notice one important area.
- Support @105.47 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 152.93 to 153.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @158.16 from a horizontal line in the daily time frame.
- Resistance @181.97 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for EAT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EAT is up. |
| ChartMill Relative Strength | 42.37 | 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) | UP | POSITIVE | The current price of EAT is above the rising 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) | 60.51 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.02 | POSITIVE | The MACD value suggests EAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.37 | OVERBOUGHT | The high Stochastics value suggests EAT may be overbought. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 38.32 | POSITIVE | The high ADX value value for EAT suggests a strong trend. |
142.07
-6.96 (-4.67%)
BRINKER INTERNATIONAL INC / EAT FAQ
What is the technical rating for EAT stock?
ChartMill assigns a technical rating of 6 / 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 60.5126. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BRINKER INTERNATIONAL INC?
The short term momentum for BRINKER INTERNATIONAL INC (EAT) is positive.