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Archive - 10/16/2026 - 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 18.69 points, or 9.46%, and closed at 216.35 on Friday, October 16, 2026. Weekly volume was -21% 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 price is near the trend resistance line (222.94). 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 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 194.47 and resistance is at 242.06. 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 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. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance 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. 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. 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 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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