|
|
Archive - 7/17/2026 - Sign In to see current Signals. |
Darden Restaurants (DRI) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Darden Restaurants (DRI). During the week, the DRI dropped -5.72 points, or -2.80%, and closed at 198.53 on Friday, July 17, 2026. DRI was trading at average weekly trading volume.
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 145.70 and resistance is at 241.98. 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 downtrend had started on June 20, 2025 at 228.27 and reached 169.00 on November 20, 2025. DRI lost 59.27 points, or 25.96%, in 21 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (199.21) line. The support is usually stronger when technical indicators are oversold. 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 support line 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 June 5, 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 uptrend had started on April 13, 2026 at 186.91 and reached 219.38 on June 18, 2026. DRI gained -32.47 points, or -17.37%, in 66 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 194.69 and resistance is at 226.60. 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 short-term trend.
Daily Technical Indicators: [See DRI daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since June 26, 2026. 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 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.
Candlestick pattern: [See DRI candlestick chart pattern] On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.
| |
|
|