Pre-market trend | Darling Ingredients (DAR) bullish signals emerge on 5/12, but stock price slightly declines causing divergence?

Yesterday's closing, Darling Ingredients' stock price slightly fell by 0.56%, closing at $63.46, with a trading volume of approximately $170 million, indicating a moderate level of trading activity. Although the stock price closed slightly in the green that day, the MACD daily line still established a bullish signal above the zero axis, suggesting that this combination of "price drop signals" typically indicates a medium-term trend still leaning towards bullish, but there is a short-term need for oscillation digestion. The intraday volatility was not large, and both bulls and bears did not show strong directional willingness, remaining in a state of accumulation. On the news front, Darling Ingredients, as a global leader in agricultural by-product processing and renewable diesel raw material supply, directly benefits from the current energy price increase cycle. Brent crude oil has broken through $104, and the logic of alternative demand for renewable energy and biodiesel is being re-evaluated by the market. Meanwhile, the U.S. April CPI data shows that food prices continue to accelerate, and the overall prosperity of the agricultural product industry chain remains at a high level. The company's waste oil recovery and processing business has stronger economic viability in the context of high oil prices. However, inflationary pressures are also driving up the company's operating costs, and whether profit margins can continue to improve remains to be verified by the next quarter's financial report. From a technical perspective, the $63-$64 area is the recent oscillation center, and the short-term moving averages are converging near this position, with the critical point for directional choice approaching