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Archive
- 10/23/2026 -
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Darden Restaurants (DRI) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :
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| | It was the negative week for the Darden Restaurants (DRI). During the week, the DRI dropped -3.95 points, or -1.83%, and closed at 212.40 on Friday, October 23, 2026. Weekly volume was -25% below 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 229.76 on August 13, 2026. DRI gained -216.55 points, or -1639.29%, in 924 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 148.05 and resistance is at 223.19. 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 April 13, 2026 at 186.91 and reached 229.76 on August 13, 2026. DRI gained -42.85 points, or -22.93%, in 17 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 194.76 and resistance is at 243.42. 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 medium-term trend.
 Weekly Technical Indicators: [See DRI weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since September 25, 2026. The distance between MACD and the signal line is low and getting smaller. 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 August 13, 2026 at 229.76 and reached 192.67 on September 30, 2026. DRI lost 37.09 points, or 16.14%, in 48 days. The price is now at the 53.19% retracement level.
 Daily Technical Indicators: [See DRI daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since October 9, 2026.
Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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