DARDEN RESTAURANTS INC (DRI) Stock Technical Analysis
NYSE:DRI - New York Stock Exchange, Inc. - US2371941053 - Common Stock - Currency: USD
Overall DRI gets a technical rating of 7 out of 10. In the last year, DRI was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that DRI is one of the better performing stocks in the market, outperforming 89% of all stocks.
DRI is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 82% of 136 stocks in the same industry.
DRI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DRI slightly outperforms the market at the moment.
In the last month DRI has a been trading in the 181.00 - 210.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DRI has an average volume of 1357150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, DRI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 199.07, a Stop Loss order could be placed below this zone.
More info and screens
154.05
211.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 192.52 to 199.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 185.98 to 187.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 178.49 to 181.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @155.61 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @205.14 from a horizontal line in the weekly time frame.
- Resistance @209.58 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.69
Mansfield2.08
10 Day High206.97
10 Day Low189.32
20 Day High210.74
20 Day Low181
52 Week High211
52 Week Low135.87
Performance
1 Week-0.56%
2 Weeks3.68%
1 Month-4.27%
3 Month6.12%
6 Month24.5%
12 Month27.55%
2 Year31.05%
3 Year51.14%
5 Year169.82%
10 Year212.22%
15 Year344.92%
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)0.16
RSI(14)51.06
LBB187.66
UBB206.11
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 |
|---|---|---|---|
| 205.15 | 192.51 | 12.64 (6.16%) | 16.23% |
| An entry @205.15. This is a Buy Stop order right above the resistance zone. | An exit @192.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 12.64 points, which is 6.16%. | When investing 16.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
199.1
-1.34 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.67%
1 Week-0.56%
2 Weeks3.68%
1 Month-4.27%
3 Month6.12%
6 Month24.5%
12 Month27.55%
2 Year31.05%
3 Year51.14%
5 Year169.82%
10 Year212.22%
15 Year344.92%
Volatility
ATR(14)7.29
ATR(20)%3.63%
ATR Inc-54.42%
Range Today3.3
ADR(20)6.52
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.69
Mansfield2.08
10 Day High206.97
10 Day Low189.32
20 Day High210.74
20 Day Low181
52 Week High211
52 Week Low135.87
CS1 End199.07
CR1 Start205.14
Volume & EV
DER(3)0.44%
DER(5)0.35%
Volume811.70K
Volume Incr-34.59%
Vol(5)948.22K
Vol(50)1.36M