Darden Restaurants: The Trend Continues Up (DRI)
SmarTrend identified an Uptrend for Darden Restaurants (NYSE: DRI) on December 16, 2009 at $33.48. In approximately 3 months, Darden Restaurants has returned 30.7% as of today's recent price of $43.75.
Darden Restaurants is currently above its 50-day moving average of $38.56 and above its 200-day moving average of $34.60. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Darden Restaurants shares.
Write to Chip Brian at cbrian@tradethetrend.com
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