BJ'S RESTAURANTS INC (BJRI) Stock Technical Analysis
USA - NASDAQ:BJRI - US09180C1062 - Common Stock
We assign a technical rating of 5 out of 10 to BJRI. In the past year, BJRI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
BJRI has an average technical rating and it also 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.
More info and screens
33.49
We found 1 important support area.
- A support zone ranging from 33.83 to 34.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.51 to 36.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.21 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 | NEUTRAL | NEUTRAL | The long term trend for BJRI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BJRI is neutral. |
| ChartMill Relative Strength | 60.88 | 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) | UP | POSITIVE | The current price of BJRI is above the rising 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) | 57.57 | NEUTRAL | The RSI value for BJRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BJRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.86 | NEUTRAL | The Stochastics value for BJRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for BJRI suggests a possible start of a new trend. |
35.98
+2.14 (+6.32%)
BJ'S RESTAURANTS INC / BJRI FAQ
What is the technical rating for BJRI stock?
ChartMill assigns a technical rating of 5 / 10 to BJRI.
Can you provide the trend direction for BJ'S RESTAURANTS INC?
The current trend direction for BJ'S RESTAURANTS INC (BJRI) is Bearish.
Can you provide the RSI signal for BJ'S RESTAURANTS INC?
BJ'S RESTAURANTS INC (BJRI) has an RSI value of 57.5653. This indicates that the stock is currently neutral.
What is the MACD signal for BJRI stock?
The MACD indicator for BJ'S RESTAURANTS INC (BJRI) has a value of -0.105707, indicating a bearish trend.
What is the short term momentum for BJRI stock?
The short term momentum for BJ'S RESTAURANTS INC (BJRI) is neutral.