TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
NASDAQ:TXRH - Nasdaq - US8826811098 - Common Stock - Currency: USD
Taking everything into account, TXRH scores 5 out of 10 in our technical rating. In the last year, TXRH was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, TXRH outperforms 69% of them, which is more or less in line with the market.
TXRH is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, TXRH did better than 52% of them.
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.
In the last month TXRH has a been trading in the 181.32 - 192.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TXRH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 189.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 186.51, a Stop Loss order could be placed below this zone.
More info and screens
172.17
202.60
We found 3 important support areas.
- A support zone ranging from 182.28 to 186.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @178.99 from a horizontal line in the daily time frame.
- Support @173.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 189.45 to 194.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @200.59 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for TXRH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXRH is neutral. |
| ChartMill Relative Strength | 69.22 | NEUTRAL | TXRH is not amongst the best or worst performers 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 | NEGATIVE | The current price of TXRH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXRH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.03 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TXRH has a positive trend. |
| Stochastics (14,3) | 50.33 | NEUTRAL | The Stochastics value for TXRH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for TXRH suggests low volalility. |
| Average Directional Index/ADX (14) | 17.03 | 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)
188.14
+3.95 (+2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.14%
1 Week2.21%
2 Weeks0.03%
1 Month1.68%
3 Month16.39%
6 Month5.37%
12 Month11.08%
2 Year68.66%
3 Year115.71%
5 Year234.83%
10 Year377.63%
15 Year1295.7%
Volatility
ATR(14)3.31
ATR(20)%1.86%
ATR Inc25.53%
Range Today3.86
ADR(20)3.43
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.22
Mansfield-0.44
10 Day High190.77
10 Day Low181.32
20 Day High192.33
20 Day Low181.32
52 Week High206.04
52 Week Low148.73
CS1 End186.51
CR1 Start189.45
Volume & EV
DER(3)-4.66%
DER(5)-2.6%
Volume651.03K
Volume Incr-27.65%
Vol(5)722.27K
Vol(50)951.53K