DRI Rides Bullish EMAs Higher to $188.37
BullishDarden Restaurants Inc (DRI) closed down 0.82% at $188.37 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($187.62) with a bullish stack. The 21-day EMA at $184.11 provides support.
Momentum
RSI at 62.7 is in neutral territory but trending lower. MACD is bullish (2.99 vs signal 2.24).