RUTH'S HOSPITALITY GROUP INC (RUTH)

US7833321091 - Common Stock

21.49  +0.01 (+0.05%)

After market: 21.5 +0.01 (+0.05%)

Technical Rating and Analysis

9

Taking everything into account, RUTH scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RUTH has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
RUTH is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. RUTH outperforms 85% of them.
A new 52 week high is currently being made by RUTH, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so RUTH is leading the market.
RUTH has an average volume of 1325330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RUTH did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month RUTH has a been trading in a tight range between 21.37 and 21.50.

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Weekly and Daily overview Charts
RUTH Weekly chart
RUTH Daily chart
Setup Rating and Analysis

8

RUTH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RUTH in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

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Support and Resistance Analysis

14.79

21.72

We found 2 important support areas.

  • A support zone ranging from 21.41 to 21.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.94 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 21.50 to 21.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.6
Mansfield0.93
10 Day High21.5
10 Day Low21.43
20 Day High21.5
20 Day Low21.37
52 Week High21.5
52 Week Low14.65
Performance
1 Week0%
2 Weeks0.23%
1 Month0.51%
3 Month28.38%
6 Month38.29%
12 Month26.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)78.57
LBB21.41
UBB21.5

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
21.5121.420.09 (0.42%)25.00%
An entry @21.51. This is a Buy Stop order right above the resistance zone.An exit @21.42. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.09 points, which is 0.42%.For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

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RUTH Daily chart

RUTH'S HOSPITALITY GROUP INC

NASDAQ:RUTH (6/13/2023, 7:00:02 PM)

After market: 21.5 +0.01 (+0.05%)

21.49

+0.01 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.05%
1 Week0%
2 Weeks0.23%
1 Month0.51%
3 Month28.38%
6 Month38.29%
12 Month26.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.16%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.5
10 Day Low21.43
20 Day High21.5
20 Day Low21.37
52 Week High21.5
52 Week Low14.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.74M
Volume Incr-17.47%
Vol(5)1.04M
Vol(50)1.33M