CRACKER BARREL OLD COUNTRY (CBRL) Stock Technical Analysis
NASDAQ:CBRL - US22410J1060 - Common Stock
52.17 USD
-1.92 (-3.55%)
52.1501 USD
-0.02 (-0.04%)
Overall CBRL gets a technical rating of 2 out of 10. Although CBRL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CBRL has a been trading in the 50.27 - 63.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, CBRL did better than 75% of all other stocks.
CBRL has an average volume of 1257240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CBRL is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 66% of 134 stocks in the same industry.
CBRL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CBRL is lagging the market.
The technical rating of CBRL is bad and it also does not present a 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
36.96
66.34
When analyzing the support we notice one important area.
- Support @37.33 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 59.83 to 60.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 61.73 to 62.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @65.68 from a trend line in the weekly 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 CBRL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBRL is down. |
| ChartMill Relative Strength | 75.55 | POSITIVE | CBRL has a high relative strength, it outperformed 75.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CBRL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CBRL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CBRL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.37 | NEUTRAL | The RSI value for CBRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests CBRL has a negative trend. |
| Stochastics (14,3) | 25.43 | NEUTRAL | The Stochastics value for CBRL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for CBRL suggests high volalility. |
| Average Directional Index/ADX (14) | 17.45 | NEGATIVE | The low ADX value for CBRL suggests a weak or negative 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)
52.17
-1.92 (-3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.55%
1 Week-16.3%
2 Weeks-11.61%
1 Month-7.79%
3 Month-5.8%
6 Month21.84%
12 Month39.75%
2 Year-22.37%
3 Year-43.65%
5 Year-54.5%
10 Year-64.58%
15 Year2.78%
Volatility
ATR(14)3.46
ATR(20)%6.14%
ATR Inc-13.2%
Range Today4.01
ADR(20)2.97
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.55
Mansfield-0.78
10 Day High63.15
10 Day Low50.27
20 Day High63.61
20 Day Low50.27
52 Week High71.93
52 Week Low33.85
CS1 End37.33
CR1 Start59.83
Volume & EV
DER(3)-0.52%
DER(5)-1.01%
Volume2.42M
Volume Incr13.48%
Vol(5)1.75M
Vol(50)1.26M