Taking everything into account, BJRI scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BJRI is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- BJRI is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. BJRI outperforms 90% of them.
- BJRI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BJRI is lagging the market slightly.
- Looking at the yearly performance, BJRI did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month BJRI has a been trading in the 39.57 - 45.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, BJRI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
29.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 41.33 to 41.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.85 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.51 to 46.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BJRI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BJRI is neutral. |
| ChartMill Relative Strength | 81.03 | POSITIVE | BJRI has a high relative strength, it outperformed 81.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BJRI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BJRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BJRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.77 | NEUTRAL | The RSI value for BJRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests BJRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.8 | OVERSOLD | The low Stochastics value suggests BJRI may be oversold. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for BJRI suggests a possible start of a new trend. |
41.82
+0.13 (+0.31%)
BJ'S RESTAURANTS INC / BJRI FAQ
What is the technical rating for BJRI stock?
ChartMill assigns a technical rating of 8 / 10 to BJRI.
What is the trend direction for BJRI stock?
The current trend direction for BJ'S RESTAURANTS INC (BJRI) is Bullish.
What is the RSI signal for BJ'S RESTAURANTS INC (BJRI) stock?
BJ'S RESTAURANTS INC (BJRI) has an RSI value of 47.7743. This indicates that the stock is currently neutral.
What is the short term momentum for BJ'S RESTAURANTS INC (BJRI) stock?
The short term momentum for BJ'S RESTAURANTS INC (BJRI) is neutral.