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Downtrend Broken Resist.Archive - 4/25/2025 - 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 the negative week for the Darden Restaurants (DRI). During the week, the DRI gave back -1.12 points, or -0.56%, and closed at 199.10 on Friday, April 25, 2025. Weekly volume was -24% below 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 211.00 on March 27, 2025. DRI gained -197.79 points, or -1497.27%, in 852 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (204.90). 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 211.00 on March 27, 2025. DRI gained -100.04 points, or -90.16%, in 145 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (148.51) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 technical indicators are neutral. The weekly MACD line is below its signal line since April 4, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 7, 2025 at 181.00 and reached 206.97 on April 23, 2025. DRI gained -25.97 points, or -14.35%, in 16 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (201.83) 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 short-term trend.
Daily Technical Indicators: [See DRI daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price is close to 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.
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