Overall CBRL gets a technical rating of 0 out of 10. CBRL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, CBRL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.89. Right above this resistance zone may be a good entry point.
26.35
We can see 2 important resistance areas.
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 CBRL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CBRL is down. |
| ChartMill Relative Strength | 6.18 | NEGATIVE | CBRL has a low relative strength, it was outperformed by 93.82% 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) | DOWN | NEGATIVE | The current price of CBRL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.67 | NEUTRAL | The RSI value for CBRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CBRL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.3 | NEUTRAL | The Stochastics value for CBRL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for CBRL suggests high volalility. |
| Average Directional Index/ADX (14) | 45.53 | POSITIVE | The high ADX value value for CBRL suggests a strong trend. |
26.62
-0.71 (-2.6%)
ChartMill assigns a technical rating of 0 / 10 to CBRL.
The current trend direction for CRACKER BARREL OLD COUNTRY (CBRL) is Bearish.
CRACKER BARREL OLD COUNTRY (CBRL) has an RSI value of 35.668. This indicates that the stock is currently neutral.
The short term momentum for CRACKER BARREL OLD COUNTRY (CBRL) is negative.
The buy/sell signal for CRACKER BARREL OLD COUNTRY (CBRL) is sell as both the short term and long term trends are negative.