DEL TACO RESTAURANTS INC (TACO) Stock Technical Analysis
NASDAQ:TACO - Nasdaq - Common Stock
Taking everything into account, TACO scores 7 out of 10 in our technical rating. Although TACO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
TACO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the yearly performance of all stocks, we notice that TACO is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TACO is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 59% of 135 stocks in the same industry.
In the last month TACO has a been trading in a tight range between 12.46 and 12.54.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TACO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.49, a Stop Loss order could be placed below this zone.
More info and screens
7.35
12.65
We found 3 important support areas.
- A support zone ranging from 12.42 to 12.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.83 from a trend line in the weekly time frame.
- Support @7.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.51 to 12.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.26
Mansfield2.76
10 Day High12.53
10 Day Low12.47
20 Day High12.54
20 Day Low12.46
52 Week High12.56
52 Week Low7.34
Performance
1 Week0.24%
2 Weeks0.24%
1 Month0.16%
3 Month0.08%
6 Month47.18%
12 Month10.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)64.39
LBB12.46
UBB12.52
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.53 | 12.46 | 0.07 (0.60%) | 25.00% |
| An entry @12.53. This is a Buy Stop order right above the resistance zone. | An exit @12.46. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.60%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.51
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0%
1 Week0.24%
2 Weeks0.24%
1 Month0.16%
3 Month0.08%
6 Month47.18%
12 Month10.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.21%
ATR Inc-58.47%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.26
Mansfield2.76
10 Day High12.53
10 Day Low12.47
20 Day High12.54
20 Day Low12.46
52 Week High12.56
52 Week Low7.34
CS1 End12.49
CR1 Start12.51
Volume & EV
DER(3)-4.71%
DER(5)-3.89%
Volume575.30K
Volume Incr-10.97%
Vol(5)398.88K
Vol(50)950.10K