CARROLS RESTAURANT GROUP INC (TAST) Stock Technical Analysis
NASDAQ:TAST - Nasdaq - US14574X1046 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TAST. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TAST is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TAST is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, TAST also shows a nice and consistent pattern of rising prices.
TAST is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. TAST outperforms 90% of them.
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 upper 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
We found 2 important support 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 worst case loss on the trade is limited to 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