TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
USA - NASDAQ:TXRH - US8826811098 - Common Stock
172.74 USD
+0.21 (+0.12%)
173 USD
+0.26 (+0.15%)
Taking everything into account, TXRH scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TXRH was also a bad performer in the overall market in the last year.
75% of all other stocks performed better in the past year than TXRH.
In the last month TXRH has a been trading in the 157.47 - 174.00 range, which is quite wide. It is currently trading near the high of this range.
TXRH has an average volume of 1190070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
TXRH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 55% of 135 stocks in the same industry.
TXRH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TXRH is lagging the market.
The technical rating of TXRH 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
156.65
197.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 168.42 to 171.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 158.23 to 161.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @172.75 from a horizontal line in the daily time frame.
- Resistance @182.04 from a horizontal line in the daily time frame.
- Resistance @187.47 from a trend line in the weekly time frame.
- Resistance @195.22 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 TXRH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXRH is up. |
| ChartMill Relative Strength | 25.61 | NEGATIVE | TXRH has a low relative strength, it was outperformed by 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXRH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TXRH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TXRH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.96 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests TXRH has a positive trend. |
| Stochastics (14,3) | 85.42 | OVERBOUGHT | The high Stochastics value suggests TXRH may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for TXRH suggests some volalility. |
| Average Directional Index/ADX (14) | 28.51 | POSITIVE | The high ADX value value for TXRH suggests a strong 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)
172.74
+0.21 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.12%
1 Week2.97%
2 Weeks4.65%
1 Month8.11%
3 Month-6.16%
6 Month6.7%
12 Month-6.06%
2 Year70.12%
3 Year74.57%
5 Year146.67%
10 Year402.88%
15 Year1022.42%
Volatility
ATR(14)3.8
ATR(20)%2.01%
ATR Inc-17.05%
Range Today2.32
ADR(20)3.41
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.61
Mansfield-1.26
10 Day High174
10 Day Low163.25
20 Day High174
20 Day Low157.48
52 Week High206.04
52 Week Low148.73
CS1 End171.65
CR1 Start172.75
Volume & EV
DER(3)1.44%
DER(5)-0.21%
Volume664.12K
Volume Incr-8.09%
Vol(5)1.10M
Vol(50)1.19M