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.
79% of all other stocks performed better in the past year than FWRG.
FWRG is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 68% of 133 stocks in the same industry do better.
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 14.45 - 16.56 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FWRG has an average volume of 1016580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FWRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.03, a Stop Loss order could be placed below this zone.
More info and screens
14.86
21.28
When analyzing the support we notice one important area.
- A support zone ranging from 15.01 to 15.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 15.61 to 15.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.12 from a trend line in the weekly time frame.
- Resistance @17.95 from a trend line in the daily time frame.
- Resistance @18.58 from a trend line in the daily time frame.
- Resistance @19.85 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 | 21.52 | NEGATIVE | FWRG has a low relative strength, it was outperformed by 78.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FWRG is above 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) | 46.7 | NEUTRAL | The RSI value for FWRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FWRG has a positive trend. |
| Stochastics (14,3) | 62.77 | NEUTRAL | The Stochastics value for FWRG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for FWRG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for FWRG suggests a possible start of a new 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)
15.58
-0.25 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.58%
1 Week3.73%
2 Weeks4.35%
1 Month-2.07%
3 Month-7.59%
6 Month-16.68%
12 Month-11.28%
2 Year-7.81%
3 Year8.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.32%
ATR Inc2.26%
Range Today0.8
ADR(20)0.64
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.52
Mansfield-1.41
10 Day High16.25
10 Day Low14.97
20 Day High16.56
20 Day Low14.45
52 Week High22.71
52 Week Low12.9
CS1 End15.03
CR1 Start15.61
Volume & EV
DER(3)0.29%
DER(5)0.43%
Volume817.20K
Volume Incr-9.15%
Vol(5)778.56K
Vol(50)1.02M