DARDEN RESTAURANTS INC (DRI) Stock Technical Analysis
NYSE:DRI - New York Stock Exchange, Inc. - US2371941053 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to DRI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
DRI is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. DRI outperforms 73% of them.
A new 52 week high is currently being made by DRI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so DRI is leading the market.
In the last month DRI has a been trading in the 190.06 - 203.12 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
DRI has an average volume of 1323310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DRI did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
DRI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 200.43. Right above this resistance zone may be a good entry point.
More info and screens
147.99
202.47
7 important support areas can be observed.
- Support @195.84 from a trend line in the daily time frame.
- A support zone ranging from 188.18 to 191.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @180.06 from a trend line in the weekly time frame.
- Support @170.26 from a trend line in the daily time frame.
- Support @166.68 from a horizontal line in the weekly time frame.
- Support @155.61 from a horizontal line in the daily time frame.
- Support @149.48 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 200.43 to 200.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.82
Mansfield1.47
10 Day High203.12
10 Day Low190.06
20 Day High203.12
20 Day Low190.06
52 Week High203.12
52 Week Low135.87
Performance
1 Week0.5%
2 Weeks2.47%
1 Month0.34%
3 Month15.41%
6 Month24.44%
12 Month14.19%
2 Year26.26%
3 Year47.36%
5 Year259.73%
10 Year182.54%
15 Year339.85%
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)
Technical Indicators
MACD(12,26,9)-0.4
RSI(14)53.05
LBB189.98
UBB200.75
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 200.48 | 195.83 | 4.65 (2.32%) | 25.00% |
| An entry @200.48. This is a Buy Stop order right above the resistance zone. | An exit @195.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.65 points, which is 2.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of DRI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
195.91
-4.55 (-2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.27%
1 Week0.5%
2 Weeks2.47%
1 Month0.34%
3 Month15.41%
6 Month24.44%
12 Month14.19%
2 Year26.26%
3 Year47.36%
5 Year259.73%
10 Year182.54%
15 Year339.85%
Volatility
ATR(14)4.97
ATR(20)%2.47%
ATR Inc49.89%
Range Today7.81
ADR(20)4.72
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.82
Mansfield1.47
10 Day High203.12
10 Day Low190.06
20 Day High203.12
20 Day Low190.06
52 Week High203.12
52 Week Low135.87
CS1 End195.84
CR1 Start200.43
Volume & EV
DER(3)1.21%
DER(5)1.26%
Volume1.58M
Volume Incr19.2%
Vol(5)1.31M
Vol(50)1.32M