Question 1

What implications does the 10-day RSI indicator have for BJRI?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BJRI's RSI Oscillator exited the oversold zone, 19 of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about BJRI's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 40 of 54 cases where BJRI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did BJRI's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on BJRI as a result. In 74 of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for BJRI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for BJRI just turned positive on August 19, 2024. Looking at past instances where BJRI's MACD turned positive, the stock continued to rise in 35 of 51 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 10-day moving average indicator for BJRI?

Accepted Answer

The 10-day moving average for BJRI crossed bearishly below the 50-day moving average on July 30, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day decline signify for BJRI's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where BJRI declined for three days, in 256 of 332 cases, the price declined further within the following month. The odds of a continued downward trend are 77%.

BJRI Stock BJ's Restaurants (BJRI, $34.13) price exceeded its 50-day Moving Average on June 07, 2024

BJRI in -2.51% downward trend, falling for three consecutive days on August 12, 2024

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