FIESTA RESTAURANT GROUP (FRGI) Stock Technical Analysis
NASDAQ:FRGI - Nasdaq - US31660B1017 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to FRGI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRGI is showing a nice and steady performance.
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 82% of 133 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 has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
6.19
9.25
When analyzing the support we can see 5 important areas.
- 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.
We can see 2 important resistance areas.
- 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.
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. |
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)
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 trade has a worst case loss of 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.
8.49
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0%
1 Week0%
2 Weeks0.24%
1 Month0.35%
3 Month10.84%
6 Month5.73%
12 Month23.58%
2 Year-19.45%
3 Year-1.74%
5 Year-67.11%
10 Year-79.97%
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.25%
ATR Inc-55.56%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield0.81
10 Day High8.51
10 Day Low8.47
20 Day High8.51
20 Day Low8.44
52 Week High9.28
52 Week Low6
CS1 End8.49
CR1 Start8.98
Volume & EV
DER(3)-4.68%
DER(5)-2.99%
Volume501.70K
Volume Incr78.98%
Vol(5)263.72K
Vol(50)220.84K