CRACKER BARREL OLD COUNTRY (CBRL) Technical Analysis
NASDAQ:CBRL • US22410J1060
We assign a technical rating of 1 out of 10 to CBRL. CBRL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CBRL is a bad performer in the overall market: 79% of all stocks are doing better.
- CBRL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CBRL is lagging the market.
- In the last month CBRL has a been trading in the 27.48 - 34.86 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.
- CBRL has an average volume of 1478800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CBRL is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 43% of 126 stocks in the same industry.
CBRL has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
28.79
We can see 3 important resistance areas.
- A resistance zone ranging from 30.81 to 31.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.72 from a horizontal line in the daily time frame.
- Resistance @33.90 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 | 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 | 21.31 | NEGATIVE | CBRL has a low relative strength, it was outperformed by 78.69% 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) | UP | MIXED | The current price of CBRL is below the rising 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) | 39.84 | NEUTRAL | The RSI value for CBRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests CBRL has a negative trend. |
| Stochastics (14,3) | 15.82 | OVERSOLD | The low Stochastics value suggests CBRL may be oversold. |
| Average True Range in percent/ATR (20) | 6.75 | HIGH VOLATILITY | The high ATR as a percentage value for CBRL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for CBRL suggests a weak or negative trend. |
CBRL Technicals: Chart, Performance Metrics, Trend & Indicators
29.08
-0.36 (-1.22%)
CRACKER BARREL OLD COUNTRY / CBRL FAQ
Can you provide the ChartMill technical rating for CRACKER BARREL OLD COUNTRY?
ChartMill assigns a technical rating of 1 / 10 to CBRL.
What is the trend direction for CBRL stock?
The current trend direction for CRACKER BARREL OLD COUNTRY (CBRL) is Bearish.
Can you provide the RSI signal for CRACKER BARREL OLD COUNTRY?
CRACKER BARREL OLD COUNTRY (CBRL) has an RSI value of 39.8391. This indicates that the stock is currently neutral.
What is the MACD signal for CRACKER BARREL OLD COUNTRY (CBRL) stock?
The MACD indicator for CRACKER BARREL OLD COUNTRY (CBRL) has a value of -0.417738, indicating a bearish trend.
What is the support and resistance level for CBRL stock?
CRACKER BARREL OLD COUNTRY (CBRL) has a resistance level at 30.81. Check the full technical report for our detailed analysis of CBRL support and resistance levels.