The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 1/9/2026 -
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Darden Restaurants (DRI) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend resistance line
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtMACD bearish divergenceDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price touches the upper Bollinger Band
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It was a first positive week for the Darden Restaurants (DRI). During the week, the DRI gained 15.15 points, or 8.09%, and closed at 202.36 on Friday, January 9, 2026. Weekly volume was 58% above average.

DRI is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most overbought 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 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 141.30 and resistance is at 213.56. 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 Broadening Descending Wedge chart pattern. The downtrend resistance line (154.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DRI may retest the broken resistance line. It is considered to be a support line now. 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 above its signal line since December 26, 2025. 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 January 2, 2026 at 183.34 and reached 204.62 on January 8, 2026. DRI gained -21.28 points, or -11.61%, in 6 days. The price is now at the 10.62% retracement level.

Daily Technical Indicators: [See DRI daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish 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 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 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.

The price touches the upper Bollinger Band. 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) 63.84
Williams' Percentage Range (W%R) 16.10
Overbought
Lane's Stochastic (%D-Slow) 91.18
Strong Overbought
Greed/Fear Indicator (GFI) 79.65
Moving Average Converg./Diverg. (MACD) 3.46 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.47
Williams' Percentage Range (W%R) 31.80
Lane's Stochastic (%D-Slow) 66.06
Greed/Fear Indicator (GFI) 63.42
Moving Average Converg./Diverg. (MACD) -4.63
Trading Signals
Description Value Chart
Yearly Trendline Resistance 213.56
Upper Bollinger Band 202.79
Daily Stochastic Crossing 202.47
Price 202.36
Monthly Trendline Resistance 196.91
Weekly Stochastic Crossing 195.31
20 Day Moving Average 190.25
Parabolic System 186.37
50 Day Moving Average 181.89
Lower Bollinger Band 178.26
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 8
Industry Restaurants 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 183.34
Low Date 01/02/2026
High 204.62
High Date 01/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 169.00
Low Date 11/20/2025
High 204.62
High Date 01/08/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 196.91
Support 154.88
High 228.27
High Date 06/20/2025
Low 169.00
Low Date 11/20/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 110.96
Low Date 06/16/2022
High 228.27
High Date 06/20/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 213.56
Support 141.30
Low 13.21
Low Date 11/21/2008
High 228.27
High Date 06/20/2025
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.