CARROLS RESTAURANT GROUP INC (TAST) Stock Technical Analysis
NASDAQ:TAST - Nasdaq - US14574X1046 - Common Stock - Currency: USD
Taking everything into account, TAST scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TAST 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.
Looking at the yearly performance, TAST did better than 92% of all other stocks. On top of that, TAST also shows a nice and consistent pattern of rising prices.
TAST is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 88% of 136 stocks in the same industry.
A new 52 week high is currently being made by TAST, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so TAST is leading the market.
In the last month TAST has a been trading in a tight range between 9.50 and 9.56.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, TAST also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.53, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
8.49
9.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.37 to 9.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.58 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.55 to 9.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.96
Mansfield1.51
10 Day High9.56
10 Day Low9.51
20 Day High9.56
20 Day Low9.5
52 Week High9.56
52 Week Low4.29
Performance
1 Week0.1%
2 Weeks0.32%
1 Month0.32%
3 Month1.06%
6 Month35.32%
12 Month88.17%
2 Year418.48%
3 Year61.42%
5 Year11.97%
10 Year35.7%
15 Year27.2%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)65.55
LBB9.5
UBB9.55
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.57 | 9.50 | 0.07 (0.73%) | 25.00% |
| An entry @9.57. This is a Buy Stop order right above the resistance zone. | An exit @9.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.73%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.18%. |
- 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.
9.54
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.1%
1 Week0.1%
2 Weeks0.32%
1 Month0.32%
3 Month1.06%
6 Month35.32%
12 Month88.17%
2 Year418.48%
3 Year61.42%
5 Year11.97%
10 Year35.7%
15 Year27.2%
Volatility
ATR(14)0.02
ATR(20)%0.18%
ATR Inc21.74%
Range Today0.02
ADR(20)0.02
ADR(20)%0.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.96
Mansfield1.51
10 Day High9.56
10 Day Low9.51
20 Day High9.56
20 Day Low9.5
52 Week High9.56
52 Week Low4.29
CS1 End9.53
CR1 Start9.55
Volume & EV
DER(3)2.04%
DER(5)2.77%
Volume3.52M
Volume Incr208.63%
Vol(5)1.38M
Vol(50)728.61K