167.36 USD
+1.15 (+0.69%)
168.98 USD
+1.62 (+0.97%)
We assign a technical rating of 2 out of 10 to TXRH. TXRH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
72% of all other stocks performed better in the past year than TXRH.
In the last month TXRH has a been trading in the 164.51 - 178.68 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
TXRH has an average volume of 1027330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TXRH is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, TXRH did better than 51% 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.
Although the technical rating is bad, TXRH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
186.22
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.
3 important resistance areas can be observed.
- A resistance zone ranging from 168.21 to 169.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 174.91 to 179.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @184.38 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 | NEUTRAL | NEUTRAL | The long term trend for TXRH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXRH is neutral. |
| ChartMill Relative Strength | 28.8 | NEGATIVE | TXRH has a low relative strength, it was outperformed by 71.2% 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) | UP | MIXED | The current price of TXRH is below the rising 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) | 47.72 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests TXRH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.61 | OVERSOLD | The low Stochastics value suggests TXRH may be oversold. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for TXRH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.31 | 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)
167.36
+1.15 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.69%
1 Week0.14%
2 Weeks-5.29%
1 Month-0.14%
3 Month0.4%
6 Month-8.19%
12 Month-10.44%
2 Year36.92%
3 Year84.01%
5 Year114.13%
10 Year367.88%
15 Year874.72%
Volatility
ATR(14)3.59
ATR(20)%2.14%
ATR Inc-27.34%
Range Today2.91
ADR(20)3.47
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.8
3 months CRS48.36
6 months CRS19.28
Mansfield-1.54
10 Day High177.58
10 Day Low164.51
20 Day High178.68
20 Day Low164.51
52 Week High199.99
52 Week Low148.73
CS1 End163.33
CR1 Start168.21
Volume & EV
DER(3)1.3%
DER(5)1.78%
Volume591.10K
Volume Incr-30.45%
Vol(5)733.58K
Vol(50)1.03M
TEXAS ROADHOUSE INC / TXRH FAQ
What is the ChartMill technical rating of TEXAS ROADHOUSE INC (TXRH) stock?
ChartMill assigns a technical rating of 2 / 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 47.7246. 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.