CRACKER BARREL OLD COUNTRY (CBRL) Stock Technical Analysis
NASDAQ:CBRL • US22410J1060
We assign a technical rating of 3 out of 10 to CBRL. In the past year, CBRL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 78% of all other stocks performed better in the past year than CBRL.
- CBRL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- CBRL has an average volume of 1887210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CBRL is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, CBRL did better than 51% of them.
- In the last month CBRL has a been trading in the 27.95 - 36.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CBRL has a poor technical rating and the quality of the setup is also not perfect 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
28.15
We found 3 important support areas.
- A support zone ranging from 31.95 to 32.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.96 to 30.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.43 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @33.38 from a trend line in the daily time frame.
- A resistance zone ranging from 34.51 to 34.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.71 from a horizontal line in the daily time frame.
- Resistance @64.76 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 | DOWN | NEGATIVE | The long term trend for CBRL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBRL is neutral. |
| ChartMill Relative Strength | 22.29 | NEGATIVE | CBRL has a low relative strength, it was outperformed by 77.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CBRL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CBRL is above 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) | 55.72 | NEUTRAL | The RSI value for CBRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests CBRL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.7 | NEUTRAL | The Stochastics value for CBRL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for CBRL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for CBRL suggests a possible start of a new trend. |
32.7
+0.15 (+0.46%)
CRACKER BARREL OLD COUNTRY / CBRL FAQ
Can you provide the ChartMill technical rating for CRACKER BARREL OLD COUNTRY?
ChartMill assigns a technical rating of 3 / 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 55.7235. 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 0.110433, indicating a bearish trend.
What is the support and resistance level for CBRL stock?
CRACKER BARREL OLD COUNTRY (CBRL) has a support level at 32.1 and a resistance level at 33.38. Check the full technical report for our detailed analysis of CBRL support and resistance levels.