BJ'S RESTAURANTS INC (BJRI) Technical Analysis
NASDAQ:BJRI • US09180C1062
Current stock price
BJRI Technical Rating and Analysis
Taking everything into account, BJRI scores 1 out of 10 in our technical rating. BJRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 61% of all other stocks performed better in the past year than BJRI.
- BJRI is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 52% of 126 stocks in the same industry.
- BJRI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BJRI is lagging the market slightly.
- In the last month BJRI has a been trading in the 33.36 - 37.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BJRI Weekly and Daily overview Charts
BJRI Setup Rating and Analysis
Although the technical rating is bad, BJRI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.68, a Stop Loss order could be placed below this zone.
More info and screens
BJRI Support and Resistance Analysis
29.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.27 to 35.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.41 to 34.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.03 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 35.85 to 36.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.18 to 37.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.54 from a trend line in the weekly time frame.
- Resistance @46.78 from a horizontal line in the daily time frame.
BJRI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BJRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BJRI is down. |
| ChartMill Relative Strength | 39.7 | NEUTRAL | BJRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BJRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BJRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BJRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.4 | NEUTRAL | The RSI value for BJRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests BJRI has a positive trend. |
| Stochastics (14,3) | 50.99 | NEUTRAL | The Stochastics value for BJRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for BJRI suggests a possible start of a new trend. |
BJRI Chart- and CandleStick Pattern Analysis
BJRI Technicals: Chart, Performance Metrics, Trend & Indicators
35.84
+0.2 (+0.56%)
BJ'S RESTAURANTS INC / BJRI TA FAQ
What is the technical rating for BJRI stock?
ChartMill assigns a technical rating of 1 / 10 to BJRI.
What is the trend direction for BJRI stock?
The current trend direction for BJ'S RESTAURANTS INC (BJRI) is Bearish.
What is the RSI signal for BJRI stock?
BJ'S RESTAURANTS INC (BJRI) has an RSI value of 46.4039. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BJ'S RESTAURANTS INC?
The MACD indicator for BJ'S RESTAURANTS INC (BJRI) has a value of 0.285556, indicating a bearish trend.
Can you provide the support and resistance levels for BJ'S RESTAURANTS INC?
BJ'S RESTAURANTS INC (BJRI) has a support level at 35.68 and a resistance level at 35.85. Check the full technical report for our detailed analysis of BJRI support and resistance levels.