FIRST WATCH RESTAURANT GROUP (FWRG) Stock Technical Analysis
NASDAQ:FWRG - Nasdaq - US33748L1017 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FWRG. FWRG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FWRG is a bad performer in the overall market: 83% of all stocks are doing better.
FWRG is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, of which 73% are performing better than FWRG.
FWRG is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 12.90 - 17.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FWRG has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
15.11
21.28
When analyzing the support we notice one important area.
- Support @15.26 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 17.06 to 17.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.86 from a trend line in the weekly time frame.
- Resistance @18.60 from a trend line in the daily time frame.
- Resistance @20.11 from a trend line in the weekly time frame.
- Resistance @21.07 from a horizontal 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 | 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 | 17.86 | NEGATIVE | FWRG has a low relative strength, it was outperformed by 82.14% 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) | 38.55 | NEUTRAL | The RSI value for FWRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FWRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.75 | OVERSOLD | The low Stochastics value suggests FWRG may be oversold. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for FWRG suggests high volalility. |
| Average Directional Index/ADX (14) | 26.38 | POSITIVE | The high ADX value value for FWRG 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)
15.35
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.13%
1 Week-5.54%
2 Weeks-8.14%
1 Month-17.52%
3 Month-19.21%
6 Month-20.59%
12 Month-15.57%
2 Year-9.17%
3 Year6.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%6.54%
ATR Inc-8.48%
Range Today0.71
ADR(20)0.85
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.86
Mansfield-1.6
10 Day High16.66
10 Day Low14.78
20 Day High17.67
20 Day Low12.9
52 Week High22.71
52 Week Low12.9
CS1 End15.26
CR1 Start17.06
Volume & EV
DER(3)0.22%
DER(5)-0.29%
Volume640.20K
Volume Incr-52.61%
Vol(5)539.06K
Vol(50)895.84K