Overall RRGB gets a technical rating of 0 out of 10. RRGB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RRGB 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
3.83
When analyzing the support we can see 2 important areas.
- Support @3.96 from a horizontal line in the weekly time frame.
- Support @3.87 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.39 to 4.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.95 from a trend line in the weekly time frame.
- Resistance @7.44 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for RRGB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RRGB is down. |
| ChartMill Relative Strength | 9.5 | NEGATIVE | RRGB has a low relative strength, it was outperformed by 90.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RRGB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RRGB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RRGB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.99 | NEUTRAL | The RSI value for RRGB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RRGB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for RRGB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for RRGB suggests high volalility. |
| Average Directional Index/ADX (14) | 39.08 | POSITIVE | The high ADX value value for RRGB suggests a strong trend. |
3.98
-0.1 (-2.45%)
RED ROBIN GOURMET BURGERS / RRGB FAQ
What is the technical rating for RRGB stock?
ChartMill assigns a technical rating of 0 / 10 to RRGB.
What is the current trend direction of RED ROBIN GOURMET BURGERS (RRGB) stock?
The current trend direction for RED ROBIN GOURMET BURGERS (RRGB) is Bearish.
What is the RSI signal for RED ROBIN GOURMET BURGERS (RRGB) stock?
RED ROBIN GOURMET BURGERS (RRGB) has an RSI value of 33.9946. This indicates that the stock is currently neutral.
What is the short term momentum for RRGB stock?
The short term momentum for RED ROBIN GOURMET BURGERS (RRGB) is negative.
What are the support and resistance levels for RED ROBIN GOURMET BURGERS (RRGB) stock?
RED ROBIN GOURMET BURGERS (RRGB) has a support level at 3.96 and a resistance level at 4.39. Check the full technical report for our detailed analysis of RRGB support and resistance levels.