Overall BJRI gets a technical rating of 8 out of 10. In the last year, BJRI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although BJRI has an excellent technical rating, it does not offer a high quality setup 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.
36.73
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 84.66 | POSITIVE | BJRI has a high relative strength, it outperformed 84.66% 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) | 67.49 | 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. |
| Stochastics (14,3) | 89.98 | OVERBOUGHT | The high Stochastics value suggests BJRI may be overbought. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for BJRI suggests a strong trend. |
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+0.53 (+1.34%)
ChartMill assigns a technical rating of 8 / 10 to BJRI.
The current trend direction for BJ'S RESTAURANTS INC (BJRI) is Bullish.
BJ'S RESTAURANTS INC (BJRI) has an RSI value of 67.4867. This indicates that the stock is currently neutral.
The MACD indicator for BJ'S RESTAURANTS INC (BJRI) has a value of 0.11027, indicating a bearish trend.
The short term momentum for BJ'S RESTAURANTS INC (BJRI) is positive.