Overall TXRH gets a technical rating of 3 out of 10. In the past year, TXRH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, TXRH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
We found 1 important support 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 169.21 to 169.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 174.73 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 | 30.38 | 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) | 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) | 49.46 | NEUTRAL | The RSI value for TXRH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests TXRH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.46 | 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) | 12.84 | NEGATIVE | The low ADX value for TXRH suggests a weak or negative trend. |
168.24
+0.88 (+0.53%)
TEXAS ROADHOUSE INC / TXRH FAQ
What is the ChartMill technical rating of TEXAS ROADHOUSE INC (TXRH) stock?
ChartMill assigns a technical rating of 3 / 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 49.4626. 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.