FIRST WATCH RESTAURANT GROUP (FWRG) Stock Technical Analysis
USA - NASDAQ:FWRG - US33748L1017 - Common Stock
16.65 USD
-0.55 (-3.2%)
16.65 USD
0 (0%)
We assign a technical rating of 1 out of 10 to FWRG. FWRG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month FWRG has a been trading in the 16.61 - 19.53 range, which is quite wide. It is currently trading near the lows of this range.
FWRG has an average volume of 1059220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, FWRG turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
FWRG is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, FWRG did better than 59% of them.
FWRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FWRG is lagging the market.
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
14.77
21.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.26 to 15.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.92 to 14.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.46 to 17.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.80 to 18.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for FWRG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FWRG is down. |
| ChartMill Relative Strength | 54.19 | NEUTRAL | FWRG is not amongst the best or worst performers 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) | 36.36 | NEUTRAL | The RSI value for FWRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FWRG has a negative trend. |
| Stochastics (14,3) | 6.84 | OVERSOLD | The low Stochastics value suggests FWRG may be oversold. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for FWRG suggests some volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for FWRG suggests a weak or negative 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)
16.65
-0.55 (-3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.2%
1 Week-4.58%
2 Weeks-11.15%
1 Month-3.48%
3 Month5.18%
6 Month1.9%
12 Month7.84%
2 Year-3.7%
3 Year14.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%3.93%
ATR Inc-20.65%
Range Today0.58
ADR(20)0.63
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.19
Mansfield-1.58
10 Day High19.02
10 Day Low16.61
20 Day High19.53
20 Day Low16.61
52 Week High22.71
52 Week Low12.9
CS1 End15.34
CR1 Start17.46
Volume & EV
DER(3)-0.87%
DER(5)1.94%
Volume622.70K
Volume Incr9.86%
Vol(5)1.16M
Vol(50)1.06M