BJ'S RESTAURANTS INC (BJRI) Stock Technical Analysis
USA - NASDAQ:BJRI - US09180C1062 - Common Stock
Taking everything into account, BJRI scores 6 out of 10 in our technical rating. BJRI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BJRI has an average technical rating and the quality of the presented setup is also 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.
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36.83
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.21 to 37.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for BJRI is up. |
| ChartMill Relative Strength | 60.19 | 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) | UP | POSITIVE | The current price of BJRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.1 | NEUTRAL | The RSI value for BJRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests BJRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.91 | OVERBOUGHT | The high Stochastics value suggests BJRI may be overbought. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for BJRI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.1 | POSITIVE | The high ADX value value for BJRI suggests a strong trend. |
37.2
+0.4 (+1.09%)
BJ'S RESTAURANTS INC / BJRI FAQ
What is the technical rating for BJRI stock?
ChartMill assigns a technical rating of 6 / 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 67.0976. 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 0.488257, indicating a bearish trend.
What is the short term momentum for BJRI stock?
The short term momentum for BJ'S RESTAURANTS INC (BJRI) is positive.