TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
NASDAQ:TXRH - Nasdaq - US8826811098 - Common Stock - Currency: USD
Overall TXRH gets a technical rating of 5 out of 10. TXRH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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 where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, TXRH turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
TXRH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 52% of 131 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.
TXRH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 182.29, a Stop Loss order could be placed below this zone.
More info and screens
158.25
202.60
4 important support areas can be observed.
- A support zone ranging from 182.28 to 182.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @178.99 from a horizontal line in the daily time frame.
- Support @173.91 from a trend line in the weekly time frame.
- Support @159.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 184.74 to 186.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 189.50 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 | 64.38 | NEUTRAL | TXRH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TXRH is below 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) | 45.62 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests TXRH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.18 | 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) | 17.5 | 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)
184.19
-2.3 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.23%
1 Week0.88%
2 Weeks-1.18%
1 Month0.1%
3 Month13.95%
6 Month3.16%
12 Month8.74%
2 Year65.12%
3 Year111.18%
5 Year227.8%
10 Year367.61%
15 Year1266.39%
Volatility
ATR(14)3.36
ATR(20)%1.86%
ATR Inc5.83%
Range Today4.2
ADR(20)3.35
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
CRS64.38
Mansfield-0.6
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 End182.29
CR1 Start184.74
Volume & EV
DER(3)-3.48%
DER(5)-2.02%
Volume793.80K
Volume Incr-30.06%
Vol(5)713.92K
Vol(50)973.38K