TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
USA - NASDAQ:TXRH - US8826811098 - Common Stock
166.26 USD
-0.94 (-0.56%)
166.26 USD
0 (0%)
Taking everything into account, TXRH scores 0 out of 10 in our technical rating. TXRH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TXRH is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month TXRH has a been trading in the 156.00 - 177.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TXRH has an average volume of 1165760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TXRH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 64% of 132 stocks in the same industry.
TXRH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TXRH is lagging the market slightly.
Although the technical rating is bad, TXRH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 163.33, a Stop Loss order could be placed below this zone.
More info and screens
156.65
187.40
When analyzing the support we notice one important area.
- A support zone ranging from 158.23 to 163.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 166.79 to 169.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 173.05 to 174.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 177.33 to 179.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @185.54 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for TXRH is neutral. |
| ChartMill Relative Strength | 28.48 | NEGATIVE | TXRH has a low relative strength, it was outperformed by 71.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXRH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXRH is below 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) | 47.49 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests TXRH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.75 | NEUTRAL | The Stochastics value for TXRH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for TXRH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for TXRH suggests a weak or negative 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)
166.26
-0.94 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.56%
1 Week-1.09%
2 Weeks3.44%
1 Month-5.74%
3 Month-6.24%
6 Month-12.49%
12 Month-14.69%
2 Year47.71%
3 Year67.4%
5 Year119.34%
10 Year375.03%
15 Year871.71%
Volatility
ATR(14)4.81
ATR(20)%2.82%
ATR Inc-20.83%
Range Today3.71
ADR(20)4.56
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.48
3 months CRS33.64
6 months CRS19.36
Mansfield-1.26
10 Day High171.63
10 Day Low156
20 Day High177.03
20 Day Low156
52 Week High206.04
52 Week Low148.73
CS1 End163.33
CR1 Start166.79
Volume & EV
DER(3)-4.5%
DER(5)-2.37%
Volume782.10K
Volume Incr-23.85%
Vol(5)921.40K
Vol(50)1.17M
TEXAS ROADHOUSE INC / TXRH FAQ
What is the ChartMill technical rating of TEXAS ROADHOUSE INC (TXRH) stock?
ChartMill assigns a technical rating of 0 / 10 to TXRH.
Can you provide the trend direction for TEXAS ROADHOUSE INC?
The current trend direction for TEXAS ROADHOUSE INC (TXRH) is Bearish.
Can you provide the RSI signal for TEXAS ROADHOUSE INC?
TEXAS ROADHOUSE INC (TXRH) has an RSI value of 47.493. This indicates that the stock is currently neutral.
What is the short term momentum for TXRH stock?
The short term momentum for TEXAS ROADHOUSE INC (TXRH) is neutral.