DARDEN RESTAURANTS INC (DRI)

US2371941053 - Common Stock

175.22  +7.53 (+4.49%)

After market: 174.75 -0.47 (-0.27%)

Technical Rating and Analysis

7

Taking everything into account, DRI scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRI is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by DRI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month DRI has a been trading in the 157.89 - 177.58 range, which is quite wide. It is currently trading near the high of this range.
DRI has an average volume of 1267800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DRI turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
DRI is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 48% of 135 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
DRI Weekly chart
DRI Daily chart
Setup Rating and Analysis

3

Although DRI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

145.04

177.66

We found 3 important support areas.

  • A support zone ranging from 163.49 to 166.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 155.61 to 156.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 146.51 to 146.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 175.23 to 175.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.73
Mansfield-0.19
10 Day High177.58
10 Day Low159.4
20 Day High177.58
20 Day Low157.89
52 Week High177.58
52 Week Low135.87
Performance
1 Week6.55%
2 Weeks3.53%
1 Month8.03%
3 Month10.79%
6 Month16.51%
12 Month9.57%
2 Year19.21%
3 Year27.02%
5 Year47.94%
10 Year207.46%
15 Year457.49%
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)0.39
RSI(14)65.71
LBB160.52
UBB174.44
DRI Daily chart

DARDEN RESTAURANTS INC

NYSE:DRI (11/25/2024, 7:39:20 PM)

After market: 174.75 -0.47 (-0.27%)

175.22

+7.53 (+4.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg4.49%
1 Week6.55%
2 Weeks3.53%
1 Month8.03%
3 Month10.79%
6 Month16.51%
12 Month9.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.91
ATR(20)%2.45%
ATR Inc
Range Today6.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High177.58
10 Day Low159.4
20 Day High177.58
20 Day Low157.89
52 Week High177.58
52 Week Low135.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.92M
Volume Incr32.75%
Vol(5)1.44M
Vol(50)1.27M