TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
NASDAQ:TXRH - Nasdaq - US8826811098 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to TXRH. Both in the recent history as in the last year, TXRH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
TXRH is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. TXRH outperforms 75% of them.
TXRH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TXRH has an average volume of 1176660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TXRH is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
TXRH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
164.35
195.05
We found 3 important support areas.
- A support zone ranging from 187.09 to 189.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 176.59 to 180.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @166.01 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 190.26 to 193.12. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for TXRH is up. |
| ChartMill Relative Strength | 84.6 | POSITIVE | TXRH has a high relative strength, it outperformed 84.6% 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) | UP | POSITIVE | The current price of TXRH is above the rising 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) | 65.96 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests TXRH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.01 | NEUTRAL | The Stochastics value for TXRH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TXRH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.85 | 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)
189.99
+1.26 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.67%
1 Week-1.52%
2 Weeks5.08%
1 Month17.54%
3 Month12.33%
6 Month-2.52%
12 Month12.59%
2 Year76.08%
3 Year143.67%
5 Year266.42%
10 Year442.52%
15 Year1201.3%
Volatility
ATR(14)4.46
ATR(20)%2.39%
ATR Inc-35.35%
Range Today3.85
ADR(20)4.14
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.6
Mansfield0.6
10 Day High194.5
10 Day Low184.57
20 Day High194.5
20 Day Low160.03
52 Week High206.04
52 Week Low148.73
CS1 End189.98
CR1 Start190.26
Volume & EV
DER(3)-1.59%
DER(5)-1.41%
Volume662.50K
Volume Incr-32.71%
Vol(5)836.32K
Vol(50)1.18M