Question 1

What does the Stochastic Oscillator suggest about TXRH'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. 46 of 56 cases where TXRH'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 2

How did TXRH's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on TXRH as a result. In 73 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for TXRH?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TXRH just turned positive on August 19, 2024. Looking at past instances where TXRH's MACD turned positive, the stock continued to rise in 34 of 50 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for TXRH?

Accepted Answer

TXRH moved below its 50-day moving average on August 16, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

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

Accepted Answer

The 10-day moving average for TXRH crossed bearishly below the 50-day moving average on August 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 17 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 TXRH'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 TXRH declined for three days, in 143 of 278 cases, the price declined further within the following month. The odds of a continued downward trend are 51%.

Question 7

What does TXRH breaking above its upper Bollinger Band indicate?

Accepted Answer

TXRH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on TXRH's trend?

Accepted Answer

The Aroon Indicator for TXRH entered a downward trend on July 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

TXRH Stock Texas Roadhouse (TXRH, $172.11) price may drop as it broke higher Bollinger Band on May 28, 2024

TXRH in -0.67% downward trend, falling for three consecutive days on August 12, 2024

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