TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
NASDAQ:TXRH - US8826811098 - Common Stock
169.37 USD
-2.2 (-1.28%)
168.034 USD
-1.34 (-0.79%)
We assign a technical rating of 0 out of 10 to TXRH. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
78% of all other stocks performed better in the past year than TXRH.
In the last month TXRH has a been trading in the 162.96 - 185.97 range, which is quite wide. It is currently trading near the lows of this range.
TXRH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 42% of 134 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.
The technical rating of TXRH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
158.25
207.32
When analyzing the support we notice one important area.
- Support @159.85 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 173.01 to 174.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 177.34 to 182.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 189.79 to 191.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @205.27 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 | DOWN | NEGATIVE | The long term trend for TXRH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXRH is down. |
| ChartMill Relative Strength | 22.13 | NEGATIVE | TXRH has a low relative strength, it was outperformed by 77.87% 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) | 34.68 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests TXRH has a negative trend. |
| Stochastics (14,3) | 22.03 | NEUTRAL | The Stochastics value for TXRH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for TXRH suggests some volalility. |
| Average Directional Index/ADX (14) | 33.91 | 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)
169.37
-2.2 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.28%
1 Week-3.13%
2 Weeks-2.23%
1 Month-8.15%
3 Month-13.23%
6 Month-5.4%
12 Month4.67%
2 Year76.24%
3 Year94.1%
5 Year178.62%
10 Year355.3%
15 Year1105.48%
Volatility
ATR(14)3.08
ATR(20)%2.22%
ATR Inc83.49%
Range Today8.26
ADR(20)3.38
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.13
Mansfield-1.46
10 Day High178.58
10 Day Low162.96
20 Day High185.97
20 Day Low162.96
52 Week High206.04
52 Week Low148.73
CS1 End159.85
CR1 Start173.01
Volume & EV
DER(3)5.11%
DER(5)5.3%
Volume1.71M
Volume Incr2.96%
Vol(5)1.17M
Vol(50)981.44K