FIRST WATCH RESTAURANT GROUP (FWRG) Technical Analysis
NASDAQ:FWRG • US33748L1017
Current stock price
FWRG Technical Rating and Analysis
Taking everything into account, FWRG scores 0 out of 10 in our technical rating. FWRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, FWRG is a bad performer in the overall market: 91% of all stocks are doing better.
- FWRG is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 84% are performing better than FWRG.
- FWRG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FWRG is lagging the market.
- In the last month FWRG has a been trading in the 10.09 - 13.16 range, which is quite wide. It is currently trading near the lows of this range.
- FWRG has an average volume of 1864850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FWRG Weekly and Daily overview Charts
FWRG Setup Rating and Analysis
The technical rating of FWRG is bad and it also does not present a 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
FWRG Support and Resistance Analysis
10.65
5 important resistance areas can be observed.
- A resistance zone ranging from 10.95 to 11.08. 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 16.72 to 16.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.20 to 17.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.77 from a trend line in the daily time frame.
- A resistance zone ranging from 18.83 to 18.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
FWRG 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 | DOWN | NEGATIVE | The long term trend for FWRG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FWRG is down. |
| ChartMill Relative Strength | 9.51 | NEGATIVE | FWRG has a low relative strength, it was outperformed by 90.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWRG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FWRG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FWRG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.27 | NEUTRAL | The RSI value for FWRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FWRG has a positive trend. |
| Stochastics (14,3) | 24.3 | NEUTRAL | The Stochastics value for FWRG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for FWRG suggests high volalility. |
| Average Directional Index/ADX (14) | 35.77 | POSITIVE | The high ADX value value for FWRG suggests a strong trend. |
FWRG Chart- and CandleStick Pattern Analysis
FWRG Technicals: Chart, Performance Metrics, Trend & Indicators
10.76
-0.18 (-1.65%)
FIRST WATCH RESTAURANT GROUP / FWRG TA FAQ
What is the ChartMill technical rating of FIRST WATCH RESTAURANT GROUP (FWRG) stock?
ChartMill assigns a technical rating of 0 / 10 to FWRG.
What is the trend direction for FWRG stock?
The current trend direction for FIRST WATCH RESTAURANT GROUP (FWRG) is Bearish.
What is the RSI signal for FWRG stock?
FIRST WATCH RESTAURANT GROUP (FWRG) has an RSI value of 36.268. This indicates that the stock is currently neutral.
What is the MACD signal for FWRG stock?
The MACD indicator for FIRST WATCH RESTAURANT GROUP (FWRG) has a value of 0.00380284, indicating a bearish trend.
What is the short term momentum for FWRG stock?
The short term momentum for FIRST WATCH RESTAURANT GROUP (FWRG) is negative.