|
|
Restaurants Industry Stocks Technical Analysis - DRIArchive - 3/20/2026 - Sign In to see current Signals. |
Darden Restaurants (DRI) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Darden Restaurants (DRI). During the week, the DRI climbed 0.68 points, or 0.34%, and closed at 203.05 on Friday, March 20, 2026. Weekly volume was 105% above average.
Long-term trend: [See DRI long-term trend chart] A long-term uptrend had started on November 21, 2008 at 13.21 and reached 228.27 on June 20, 2025. DRI gained -215.06 points, or -1628.01%, in 865 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 142.94 and resistance is at 215.89. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See DRI medium-term trend chart] A medium-term uptrend had started on November 20, 2025 at 169.00 and reached 220.65 on February 18, 2026. DRI gained -51.65 points, or -30.56%, in 12 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (217.07) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See DRI weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 26, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See DRI short-term trend chart] A short-term downtrend had started on February 18, 2026 at 220.65 and reached 194.26 on March 9, 2026. DRI lost 26.39 points, or 11.96%, in 19 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See DRI daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 20, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|