TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
USA - NASDAQ:TXRH - US8826811098 - Common Stock
161.75 USD
+2.11 (+1.32%)
161.75 USD
0 (0%)
Overall TXRH gets a technical rating of 0 out of 10. 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.
When comparing the yearly performance of all stocks, TXRH is a bad performer in the overall market: 84% of all stocks are doing better.
TXRH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TXRH has a been trading in the 157.47 - 175.91 range, which is quite wide. It is currently trading near the lows of this range.
TXRH has an average volume of 1074620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TXRH is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, TXRH did better than 44% of them.
Volume is considerably higher in the last couple of days.
TXRH has a poor technical rating and the quality of the setup is also only medium 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
156.65
190.52
When analyzing the support we notice one important area.
- A support zone ranging from 158.23 to 159.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 165.44 to 166.52. 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 172.31 to 178.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @182.94 from a horizontal line in the daily time frame.
- Resistance @188.63 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 | 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 | 16.34 | NEGATIVE | TXRH has a low relative strength, it was outperformed by 83.66% 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) | 34.66 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests TXRH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.64 | NEUTRAL | The Stochastics value for TXRH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for TXRH suggests low volalility. |
| Average Directional Index/ADX (14) | 52.4 | 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)
161.75
+2.11 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.32%
1 Week-1.55%
2 Weeks-2.61%
1 Month-7.42%
3 Month-13.84%
6 Month-5.44%
12 Month-7.52%
2 Year68.31%
3 Year85.37%
5 Year166.08%
10 Year334.81%
15 Year1051.25%
Volatility
ATR(14)2.94
ATR(20)%1.9%
ATR Inc-34.71%
Range Today2.4
ADR(20)2.98
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.34
Mansfield-1.91
10 Day High168.42
10 Day Low157.48
20 Day High175.91
20 Day Low157.48
52 Week High206.04
52 Week Low148.73
CS1 End159.52
CR1 Start165.44
Volume & EV
DER(3)-0.65%
DER(5)0.79%
Volume1.30M
Volume Incr38.45%
Vol(5)1.48M
Vol(50)1.07M