The Rectangle is just one piece of the puzzle. See the full technical breakdown.
Sideways movement between parallel supports.
Bearish continuation pattern.
Bearish continuation if preceding move was down.
Consolidation. Can break either way.
A clear signal has emerged for Darden Restaurants (DRI) on the daily chart. With a last close of $197.98, volatility remains active (3.17%). Algorithmically, a Bearish Flag structure has completed. Volume is average (0.91x avg) with moderate trend strength (2.5). A potential breakout level is identified at $186.91, targeting $154.86 with support near $198.67 (R:R 2.73).
What is your outlook on DRI?