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Takip Edin: @UscMarketsDRI Stock Forecast & Darden Restaurants Chart Analysis
This article provides a detailed analysis of DRI-Darden Restaurants stock including a forecast for DRI shares. It features Darden Restaurants, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
DRI Historical Data Review
DRI Current Price Performance Analysis
The Darden Restaurants - DRI stock traded on the American stock market, on 06-05-2024, closed at 150.61$ with a %0.53 increased compared to the previous day.
In the last month, the price of DRI changed by %2.12 increased in value, from 147.48 dollars on 05-06-2024 to 150.61 dollars, increased.
Last year, the price of DRI was 163.07 dollars on 06-06-2023, and changed by %-7.64 decreased in value, to 150.61 dollars decreased within a year.
The price of Darden Restaurants stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
DRI with AI Stock Forecast & Price Target
On the DRI chart Darden Restaurants price was recorded as 150.61 Dollars on 06/05/2024.
The artificial intelligence's forecast on DRI stock is as follows.
The artificial intelligence's prediction error margin for DRI stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Darden Restaurants stock over the next 4 months is: 148.1 Dollars.
The commentary on DRI stock Target Price: Highest: 162.31 Dollars is predicted.
The commentary on DRI stock Target Price: Lowest: 137.586 Dollars is predicted.
Resistance Price where Darden Restaurants stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 162.310 |
| 09-03-2024 | 151.294 |
| 11-22-2024 | 152.278 |
| 01-01-2025 | 152.411 |
Support Price where Darden Restaurants stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 143.948 |
| 10-08-2024 | 147.766 |
| 12-17-2024 | 151.038 |
| 03-17-2025 | 137.586 |
The commentary on DRI stock: The target price can generally be said to be on the decline.
The commentary on DRI stock: Fluctuations in the target price can be expected in the coming days.
The target price for Darden Restaurants stock by the end of 2024 is predicted to be 151.876 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on DRI stock, and the 2024 target price predictions for Darden Restaurants are detailed above.
The technical analysis and charts for the commentary on DRI stock are below.
DRI Support & Resistance and Trend Analysis
DRI stock you have reviewed the technical analysis support resistance charts regarding.
DRI : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the DRI review, the Darden Restaurants support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Darden Restaurants Support and Resistance Prices:
| DRI Support Level Price | DRI Resistance Level Price |
|---|---|
| 145.75 | 154.42 |
| 145.77 | 158.19 |
| 147.46 | 162.50 |
| 153.31 | 165.67 |
| 153.51 | 168.00 |
| 153.53 | 168.30 |
| 154.74 | 169.00 |
| 156.74 | 175.41 |
| 160.00 | 176.84 |
| 160.28 | |
| 162.05 |
DRI Technical Analysis: SMA, RSI, MACD
Upon reviewing the DRI chart, buy and sell signals have been generated in the Darden Restaurants technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for DRI stock are as follows:- DRI technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Darden Restaurants gave a 'Buy' signal when the RSI was at 26.939, with the current RSI value at 47.029.
- The technical analysis for DRI indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Darden Restaurants issued a 'Buy' signal when the MACD was at -3.296, with the current MACD value being: -1.023
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Darden Restaurants stock: Click here to read more predictions on Sompo Holdings stock.
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