CHUY'S HOLDINGS INC (CHUY) Technical Analysis
NASDAQ:CHUY • US1716041017
Current stock price
CHUY Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to CHUY. Both in the recent history as in the last year, CHUY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- CHUY is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 94% of 126 stocks in the same industry.
- CHUY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CHUY is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that CHUY is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month CHUY has a been trading in a tight range between 37.28 and 37.49.
CHUY Weekly and Daily overview Charts
CHUY Setup Rating and Analysis
Besides having an excellent technical rating, CHUY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 37.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
CHUY Support and Resistance Analysis
36.61
When analyzing the support we notice one important area.
- A support zone ranging from 36.98 to 37.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.49 to 37.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
CHUY Technical Indicator Signal Analysis
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 CHUY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHUY is up. |
| ChartMill Relative Strength | 86.37 | POSITIVE | CHUY has a high relative strength, it outperformed 86.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHUY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHUY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHUY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.67 | OVERBOUGHT | The high RSI value suggests CHUY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CHUY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 88.23 | OVERBOUGHT | The high Stochastics value suggests CHUY may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for CHUY suggests low volalility. |
| Average Directional Index/ADX (14) | 64.22 | POSITIVE | The high ADX value value for CHUY suggests a strong trend. |
CHUY Chart- and CandleStick Pattern Analysis
CHUY Example Setup
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 |
|---|---|---|---|
| 37.50 | 37.37 | 0.13 (0.35%) | 25.00% |
| An entry @37.50. This is a Buy Stop order right above the resistance zone. | An exit @37.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 0.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%. |
- 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.
CHUY Technicals: Chart, Performance Metrics, Trend & Indicators
37.48
+0.01 (+0.03%)
CHUY'S HOLDINGS INC / CHUY TA FAQ
What is the ChartMill technical rating of CHUY'S HOLDINGS INC (CHUY) stock?
ChartMill assigns a technical rating of 9 / 10 to CHUY.
Can you provide the trend direction for CHUY'S HOLDINGS INC?
The current trend direction for CHUY'S HOLDINGS INC (CHUY) is Bullish.
Can you provide the RSI signal for CHUY'S HOLDINGS INC?
CHUY'S HOLDINGS INC (CHUY) has an RSI value of 78.6661. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for CHUY'S HOLDINGS INC?
The buy/sell signal for CHUY'S HOLDINGS INC (CHUY) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for CHUY'S HOLDINGS INC (CHUY) stock?
CHUY'S HOLDINGS INC (CHUY) has a support level at 37.44 and a resistance level at 37.49. Check the full technical report for our detailed analysis of CHUY support and resistance levels.