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Restaurants Industry Stocks Technical Analysis - DRIArchive - 3/21/2025 - Sign In to see current Signals. |
Darden Restaurants (DRI) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :     Move cursor over the icon to see details.
| | It was a first positive week for the Darden Restaurants (DRI). During the week, the DRI gained 13.90 points, or 7.47%, and closed at 199.90 on Friday, March 21, 2025. It was the best weekly gain since December 20, 2024. Weekly volume was 56% above average. DRI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See DRI long-term trend chart] A long-term uptrend had started on November 21, 2008 at 13.21 and reached 203.50 on March 20, 2025. DRI gained -190.29 points, or -1440.50%, in 851 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (203.74). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See DRI medium-term trend chart] A medium-term uptrend had started on June 16, 2022 at 110.96 and reached 203.50 on March 20, 2025. DRI gained -92.54 points, or -83.40%, in 144 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (147.30) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See DRI weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since August 16, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See DRI short-term trend chart] A short-term uptrend had started on March 14, 2025 at 180.20 and reached 203.50 on March 20, 2025. DRI gained -23.30 points, or -12.93%, in 6 days. The price is now at the 15.45% retracement level.
Daily Technical Indicators: [See DRI daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
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