FIESTA RESTAURANT GROUP (FRGI) Technical Analysis
NASDAQ:FRGI • US31660B1017
Current stock price
FRGI Technical Rating and Analysis
Overall FRGI gets a technical rating of 8 out of 10. Both in the recent history as in the last year, FRGI 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!
- FRGI is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 96% of 126 stocks in the same industry.
- FRGI 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 FRGI is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that FRGI is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month FRGI has a been trading in a tight range between 8.44 and 8.51.
FRGI Weekly and Daily overview Charts
FRGI Setup Rating and Analysis
Besides having an excellent technical rating, FRGI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 8.49, a Stop Loss order could be placed below this zone.
More info and screens
FRGI Support and Resistance Analysis
6.19
5 important support areas can be observed.
- A support zone ranging from 8.38 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.15 to 8.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.55 from a horizontal line in the daily time frame.
- Support @7.29 from a horizontal line in the weekly time frame.
- Support @6.25 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @8.98 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.15 to 9.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
FRGI 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 FRGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRGI is up. |
| ChartMill Relative Strength | 90.28 | POSITIVE | FRGI has a high relative strength, it outperformed 90.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.58 | NEUTRAL | The RSI value for FRGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRGI has a negative trend. |
| Stochastics (14,3) | 64.44 | NEUTRAL | The Stochastics value for FRGI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for FRGI suggests low volalility. |
| Average Directional Index/ADX (14) | 41.79 | POSITIVE | The high ADX value value for FRGI suggests a strong trend. |
FRGI Chart- and CandleStick Pattern Analysis
FRGI 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 |
|---|---|---|---|
| 8.52 | 8.46 | 0.06 (0.70%) | 25.00% |
| An entry @8.52. This is a Buy Stop order right above the 10 day high. | An exit @8.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 0.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.18%. |
- 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.
FRGI Technicals: Chart, Performance Metrics, Trend & Indicators
8.49
0 (0%)
FIESTA RESTAURANT GROUP / FRGI TA FAQ
What is the ChartMill technical rating of FIESTA RESTAURANT GROUP (FRGI) stock?
ChartMill assigns a technical rating of 7 / 10 to FRGI.
What is the trend direction for FRGI stock?
The current trend direction for FIESTA RESTAURANT GROUP (FRGI) is Bullish.
What is the RSI signal for FRGI stock?
FIESTA RESTAURANT GROUP (FRGI) has an RSI value of 64.5758. This indicates that the stock is currently neutral.
What is the MACD signal for FIESTA RESTAURANT GROUP (FRGI) stock?
The MACD indicator for FIESTA RESTAURANT GROUP (FRGI) has a value of -0.00279245, indicating a bearish trend.
What is the short term momentum for FRGI stock?
The short term momentum for FIESTA RESTAURANT GROUP (FRGI) is positive.