BRINKER INTERNATIONAL INC (EAT) Stock Technical Analysis
NYSE:EAT - US1096411004 - Common Stock
155.98 USD
+0.45 (+0.29%)
155.69 USD
-0.29 (-0.19%)
Taking everything into account, EAT scores 5 out of 10 in our technical rating. 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 149.06 - 167.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Looking at the yearly performance, EAT did better than 92% of all other stocks. We also observe that the gains produced by EAT over the past year are nicely spread over this period.
EAT is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 91% of 131 stocks in the same industry.
EAT has an average volume of 1346720 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.
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.
Although the technical rating is only medium, EAT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 158.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 155.83, a Stop Loss order could be placed below this zone.
More info and screens
130.78
191.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 150.39 to 155.83. 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 132.10 to 133.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 158.17 to 163.53. 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 | 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 | 92.74 | POSITIVE | EAT has a high relative strength, it outperformed 92.74% 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) | DOWN | NEGATIVE | The current price of EAT is below a declining 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) | 47.84 | NEUTRAL | The RSI value for EAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests EAT has a positive trend. |
| Stochastics (14,3) | 36.15 | NEUTRAL | The Stochastics value for EAT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for EAT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.53 | 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)
155.98
+0.45 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.29%
1 Week3.71%
2 Weeks-1.38%
1 Month0.04%
3 Month-9.64%
6 Month-5.37%
12 Month118.09%
2 Year376.57%
3 Year536.39%
5 Year246.31%
10 Year193.58%
15 Year890.35%
Volatility
ATR(14)6.5
ATR(20)%3.88%
ATR Inc-33.62%
Range Today4.16
ADR(20)6.03
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.74
Mansfield0.3
10 Day High162.1
10 Day Low149.18
20 Day High167.79
20 Day Low149.06
52 Week High192.22
52 Week Low68.45
CS1 End155.83
CR1 Start158.17
Volume & EV
DER(3)-0.12%
DER(5)-0.56%
Volume920.20K
Volume Incr-12.98%
Vol(5)1.22M
Vol(50)1.35M