CRACKER BARREL OLD COUNTRY (CBRL) Stock Technical Analysis
NASDAQ:CBRL - Nasdaq - US22410J1060 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CBRL. In the last year, CBRL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month CBRL has a been trading in the 51.95 - 61.44 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CBRL is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 76% of 133 stocks in the same industry.
CBRL has an average volume of 1101930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CBRL is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Volume is considerably higher in the last couple of days.
CBRL has an average technical rating and it also does not offer a high 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
35.70
62.25
We found 2 important support areas.
- Support @37.33 from a horizontal line in the weekly time frame.
- Support @36.06 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 55.65 to 56.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 57.45 to 57.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @60.55 from a trend line in the daily time frame.
- Resistance @61.63 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 | UP | POSITIVE | The long term trend for CBRL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CBRL is neutral. |
| ChartMill Relative Strength | 87.7 | POSITIVE | CBRL has a high relative strength, it outperformed 87.7% 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 | POSITIVE | The current price of CBRL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CBRL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.44 | NEUTRAL | The RSI value for CBRL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests CBRL has a negative trend. |
| Stochastics (14,3) | 22.65 | NEUTRAL | The Stochastics value for CBRL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for CBRL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for CBRL suggests a possible start of a new 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)
52.06
-2.99 (-5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-5.43%
1 Week-5.99%
2 Weeks-9.37%
1 Month-9.07%
3 Month29.31%
6 Month1.6%
12 Month17.65%
2 Year-44.13%
3 Year-37.65%
5 Year-53.06%
10 Year-65.1%
15 Year11.81%
Volatility
ATR(14)3.26
ATR(20)%5.53%
ATR Inc-19.56%
Range Today2.67
ADR(20)2.63
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.7
Mansfield0.61
10 Day High61.44
10 Day Low51.95
20 Day High61.44
20 Day Low51.95
52 Week High65.43
52 Week Low33.85
CS1 End37.33
CR1 Start55.65
Volume & EV
DER(3)5.49%
DER(5)3.27%
Volume1.25M
Volume Incr114.11%
Vol(5)2.04M
Vol(50)1.10M