CRACKER BARREL OLD COUNTRY (CBRL) Stock Technical Analysis
NASDAQ:CBRL - Nasdaq - US22410J1060 - Common Stock - Currency: USD
Overall CBRL gets a technical rating of 9 out of 10. In the last year, CBRL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that CBRL is one of the better performing stocks in the market, outperforming 88% of all stocks.
CBRL is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. CBRL outperforms 83% of them.
CBRL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CBRL has an average volume of 1033090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CBRL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CBRL is lagging the market slightly.
Besides having an excellent technical rating, CBRL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 56.82. Right above this resistance zone may be a good entry point.
More info and screens
35.70
62.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 54.74 to 54.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.33 from a horizontal line in the weekly time frame.
- Support @36.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 56.82 to 57.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @58.75 from a trend line in the weekly time frame.
- Resistance @62.16 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.7
Mansfield1.48
10 Day High57.44
10 Day Low44.38
20 Day High57.44
20 Day Low40
52 Week High65.43
52 Week Low33.85
Performance
1 Week-1.1%
2 Weeks23.48%
1 Month24.49%
3 Month16.49%
6 Month13.1%
12 Month20.01%
2 Year-44.14%
3 Year-46.33%
5 Year-48.89%
10 Year-61.19%
15 Year9.87%
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)
Technical Indicators
MACD(12,26,9)0.86
RSI(14)68.17
LBB39.25
UBB61.92
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.27 | 54.73 | 2.54 (4.44%) | 22.55% |
| An entry @57.27. This is a Buy Stop order right above the resistance zone. | An exit @54.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.54 points, which is 4.44%. | When investing 22.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CBRL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
54.75
-1.3 (-2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.32%
1 Week-1.1%
2 Weeks23.48%
1 Month24.49%
3 Month16.49%
6 Month13.1%
12 Month20.01%
2 Year-44.14%
3 Year-46.33%
5 Year-48.89%
10 Year-61.19%
15 Year9.87%
Volatility
ATR(14)2.3
ATR(20)%4.02%
ATR Inc-27.97%
Range Today1.81
ADR(20)2.05
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.7
Mansfield1.48
10 Day High57.44
10 Day Low44.38
20 Day High57.44
20 Day Low40
52 Week High65.43
52 Week Low33.85
CS1 End54.74
CR1 Start56.82
Volume & EV
DER(3)0.75%
DER(5)-0.36%
Volume780.50K
Volume Incr19.35%
Vol(5)1.01M
Vol(50)1.03M