The Greedy Trader Weekly Analysis
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Price vs. 50 Day Moving Average:Above
Price vs. 20 Day Moving Average:Below
Number of records: 10
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Moving Average Crossover - stock market timing alerts.
The moving average is one of the oldest analytical tools for stock market alerts. It shows the average value of the stock price over a period of time and is used to emphasize the direction of a trend. While price is below the moving average, it is considered as bearish behaviour in relation to the trend length being viewed. When price falls from the level above the moving average to the level below the moving average, it warns that the price trend being viewed may be weakening, and it presents stock market timing alerts. The moving average is a lagging indicator of the price trend. Moving average and stock price crossover is a stock trading signal. The basic interpretation is to buy when the stock price moves above its moving average and to sell when the price moves below its moving average. The length of the moving average should match the trend time frame. We use 20 day moving average crossover to identify weekly trend and 50 day moving average crossover for monthly trend stock market alerts.
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Darden Restaurants (DRI)

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Summary:
Weekly :Broken trend resistance lineTrend support at 138.52
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic and MACD bullish divergenceThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Darden Restaurants (DRI). During the week, the DRI dropped -7.09 points, or -4.72%, and closed at 143.16 on Friday, November 19, 2021. It was the worst weekly loss since June 18, 2021. Weekly volume was -88% 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 164.28 on September 23, 2021. DRI gained -151.07 points, or -1143.60%, in 669 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (91.79) 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 long-term trend.

Medium-term trend: [See DRI medium-term trend chart]
A medium-term uptrend had started on November 10, 2015 at 53.38 and reached 164.28 on September 23, 2021. DRI gained -110.90 points, or -207.76%, in 306 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (138.52) 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 below its signal line since October 15, 2021. 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 September 23, 2021 at 164.28 and reached 141.15 on November 19, 2021. DRI lost 23.13 points, or 14.08%, in 57 days. The price is now at the 8.69% retracement level.

Daily Technical Indicators: [See DRI daily technical indicators chart]
Daily technical indicators are neutral. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

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 price has declined below 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.34
Williams' Percentage Range (W%R) 74.10
Lane's Stochastic (%D-Slow) 20.55
Bullish
Greed/Fear Indicator (GFI) 29.60
Moving Average Converg./Diverg. (MACD) -0.24 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.86
Williams' Percentage Range (W%R) 62.30
Lane's Stochastic (%D-Slow) 28.12
Greed/Fear Indicator (GFI) 37.85
Moving Average Converg./Diverg. (MACD) 4.43
Trading Signals
Description Value Chart
Monthly Trendline Resistance 159.34
Upper Bollinger Band 155.66
Parabolic System 153.64
50 Day Moving Average 150.06
20 Day Moving Average 147.58
Weekly Stochastic Crossing 146.05
Daily Stochastic Crossing 143.33
Price 143.16
Lower Bollinger Band 140.56
Monthly Trendline Support 138.75
Quarterly Trendline Support 138.52
Yearly Trendline Resistance 115.30
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Restaurants 39
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 164.28
High Date 09/23/2021
Low 141.15
Low Date 11/19/2021
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 133.44
Low Date 07/19/2021
High 164.28
High Date 09/23/2021
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 159.34
Support 138.75
Low 59.50
Low Date 07/28/2016
High 164.28
High Date 09/23/2021
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 195.56
Support 138.52
Low 53.38
Low Date 11/10/2015
High 164.28
High Date 09/23/2021
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 115.30
Support 91.79
Low 13.21
Low Date 11/21/2008
High 164.28
High Date 09/23/2021
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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