BJ'S RESTAURANTS INC (BJRI) Stock Technical Analysis
NASDAQ:BJRI - US09180C1062 - Common Stock
35.09 USD
+0.75 (+2.18%)
35.09 USD
0 (0%)
Taking everything into account, BJRI scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BJRI is a bad performer in the overall market: 80% of all stocks are doing better.
BJRI is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 62% of 131 stocks in the same industry do better.
In the last month BJRI has a been trading in the 33.08 - 39.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BJRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BJRI is lagging the market.
Although the technical rating is bad, BJRI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 34.09, a Stop Loss order could be placed below this zone.
More info and screens
31.22
45.97
2 important support areas can be observed.
- A support zone ranging from 33.63 to 34.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.54 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @36.07 from a horizontal line in the daily time frame.
- Resistance @45.51 from a horizontal 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 | 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 | 20.45 | NEGATIVE | BJRI has a low relative strength, it was outperformed by 79.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BJRI is above a declining 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) | UP | MIXED | The current price of BJRI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.37 | NEUTRAL | The RSI value for BJRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests BJRI has a positive trend. |
| Stochastics (14,3) | 48.46 | NEUTRAL | The Stochastics value for BJRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.56 | 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)
35.09
+0.75 (+2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.18%
1 Week-0.06%
2 Weeks4.31%
1 Month-9.93%
3 Month-17.33%
6 Month-7.78%
12 Month7.37%
2 Year19.31%
3 Year39.91%
5 Year11.33%
10 Year-18.38%
15 Year46.57%
Volatility
ATR(14)1.14
ATR(20)%4.04%
ATR Inc14.78%
Range Today1.36
ADR(20)1.37
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.45
Mansfield-1.25
10 Day High36.17
10 Day Low33.08
20 Day High39.24
20 Day Low33.08
52 Week High47.02
52 Week Low27.89
CS1 End34.09
CR1 Start36.07
Volume & EV
DER(3)0.24%
DER(5)0.29%
Volume796.90K
Volume Incr-6.64%
Vol(5)625.70K
Vol(50)552.00K