BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EAT - US1096411004 - Common Stock
We assign a technical rating of 7 out of 10 to EAT. EAT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although EAT has an excellent technical rating, the quality of the presented setup is 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
107.93
When analyzing the support we can see 4 important areas.
- Support @151.81 from a horizontal line in the daily time frame.
- A support zone ranging from 147.13 to 149.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 142.77 to 143.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @109.02 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 156.24 to 158.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 78.78 | POSITIVE | EAT has a high relative strength, it outperformed 78.78% 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) | 64.62 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests EAT has a positive trend. |
| Stochastics (14,3) | 77.85 | NEUTRAL | The Stochastics value for EAT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.94 | NEUTRAL | The ADX value for EAT suggests a possible start of a new trend. |
156.23
+0.28 (+0.18%)
BRINKER INTERNATIONAL INC / EAT FAQ
What is the technical rating for EAT stock?
ChartMill assigns a technical rating of 7 / 10 to EAT.
Can you provide the trend direction for BRINKER INTERNATIONAL INC?
The current trend direction for BRINKER INTERNATIONAL INC (EAT) is Bullish.
Can you provide the RSI signal for BRINKER INTERNATIONAL INC?
BRINKER INTERNATIONAL INC (EAT) has an RSI value of 64.6159. This indicates that the stock is currently neutral.
What is the buy/sell signal for BRINKER INTERNATIONAL INC (EAT) stock?
The buy/sell signal for BRINKER INTERNATIONAL INC (EAT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BRINKER INTERNATIONAL INC (EAT) stock?
BRINKER INTERNATIONAL INC (EAT) has a support level at 151.81 and a resistance level at 156.24. Check the full technical report for our detailed analysis of EAT support and resistance levels.