BJ'S RESTAURANTS INC (BJRI) Stock Technical Analysis
NASDAQ:BJRI - Nasdaq - US09180C1062 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BJRI. Both in the recent history as in the last year, BJRI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BJRI did better than 85% of all other stocks.
BJRI is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. BJRI outperforms 76% of them.
BJRI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BJRI is performing more or less in line with the market.
In the last month BJRI has a been trading in the 32.19 - 45.22 range, which is quite wide. It is currently trading near the high of this range.
Although BJRI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.90
41.92
4 important support areas can be observed.
- A support zone ranging from 41.49 to 41.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 36.97 to 37.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.39 from a trend line in the weekly time frame.
- Support @30.20 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for BJRI is up. |
| ChartMill Relative Strength | 85.71 | POSITIVE | BJRI has a high relative strength, it outperformed 85.71% off all stocks 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) | 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) | 61.84 | NEUTRAL | The RSI value for BJRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BJRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.63 | NEUTRAL | The Stochastics value for BJRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.92 | POSITIVE | The high ADX value value for BJRI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
41.5
-0.07 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.17%
1 Week-7.41%
2 Weeks6.9%
1 Month25.68%
3 Month9.07%
6 Month17.43%
12 Month18.47%
2 Year39.36%
3 Year57.97%
5 Year91.07%
10 Year-9.35%
15 Year78.96%
Volatility
ATR(14)1.63
ATR(20)%3.96%
ATR Inc-46.81%
Range Today1.06
ADR(20)1.44
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.71
Mansfield1.68
10 Day High45.22
10 Day Low38.23
20 Day High45.22
20 Day Low32.19
52 Week High45.22
52 Week Low27.61
CS1 End41.49
CR1 StartN/A
Volume & EV
DER(3)-1.81%
DER(5)-0.36%
Volume225.60K
Volume Incr-32.44%
Vol(5)433.35K
Vol(50)466.85K