TEXAS ROADHOUSE INC (TXRH) Stock Technical Analysis
NASDAQ:TXRH - Nasdaq - US8826811098 - Common Stock
We assign a technical rating of 7 out of 10 to TXRH. In the last year, TXRH was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
TXRH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
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!
Looking at the yearly performance, TXRH did better than 82% of all other stocks. On top of that, TXRH also shows a nice and consistent pattern of rising prices.
TXRH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 72% of 134 stocks in the same industry.
TXRH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TXRH is lagging the market slightly.
Besides having an excellent technical rating, TXRH also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 180.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TXRH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
158.23
207.33
4 important support areas can be observed.
- A support zone ranging from 178.33 to 180.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 172.67 to 174.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @169.63 from a trend line in the daily time frame.
- A support zone ranging from 159.83 to 161.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 205.28 to 205.28. 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
CRS82.91
Mansfield-0.18
10 Day High184.43
10 Day Low173.65
20 Day High185.87
20 Day Low173.65
52 Week High206.04
52 Week Low123
Performance
1 Week0.95%
2 Weeks-0.49%
1 Month1.73%
3 Month-2.85%
6 Month7.47%
12 Month48.22%
2 Year81.26%
3 Year113.19%
5 Year191.26%
10 Year441.95%
15 Year1465.26%
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)0.38
RSI(14)47.62
LBB177.58
UBB183.2
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 |
|---|---|---|---|
| 184.44 | 178.32 | 6.12 (3.32%) | 25.00% |
| An entry @184.44. This is a Buy Stop order right above the 10 day high. | An exit @178.32. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.12 points, which is 3.32%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TXRH. Please evaluate whether better entry and exit points can be found.
- 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.
TEXAS ROADHOUSE INC
NASDAQ:TXRH (1/21/2025, 8:00:02 PM)
After market: 182.04 0 (0%)182.04
+3.09 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.73%
1 Week0.95%
2 Weeks-0.49%
1 Month1.73%
3 Month-2.85%
6 Month7.47%
12 Month48.22%
2 Year81.26%
3 Year113.19%
5 Year191.26%
10 Year441.95%
15 Year1465.26%
Volatility
ATR(14)4.2
ATR(20)%2.18%
ATR Inc6.39%
Range Today3.52
ADR(20)3.72
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.91
Mansfield-0.18
10 Day High184.43
10 Day Low173.65
20 Day High185.87
20 Day Low173.65
52 Week High206.04
52 Week Low123
CS1 End180.85
CR1 Start205.28
Volume & EV
DER(3)4.37%
DER(5)2.32%
Volume1.39M
Volume Incr37.12%
Vol(5)942.44K
Vol(50)707.40K