TXRH Daily Technical Analysis
Texas Roadhouse Inc
Chain of family steakhouses known for hand-cut steaks and casual dining.
TXRH Technical Analysis Summary
TXRH has undergone a major trend reversal, transitioning from a strong uptrend to a defined downtrend. The technical posture is firmly bearish across both short and long timeframes, characterized by a head and shoulders top breakdown, price trading below all major moving averages, and a recent death cross. While short-term stabilization near current support levels is possible, significant overhead resistance suggests rallies will likely be sold until the technical structure improves.
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TXRH Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a clear short-term downtrend, making lower highs and lower lows. It is trading below the declining 20-day SMA and hugging the lower Bollinger Band. Momentum indicators like MACD and RSI remain in bearish territory.
Long-term Sentiment (weeks to months): Bearish
The long-term uptrend has been broken. Price is trading significantly below a flattening 200-day SMA, and a 'death cross' (50-day SMA crossing below the 200-day SMA) has occurred, signaling a structural trend change to the downside.
Report Metadata
- Timeframe: daily
- Generated at: 2026-04-24T21:11:50.420Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $157.00 | $156.00 - $158.00 | Weak | Immediate support area based on recent swing lows where price has attempted to bounce. |
| $147.00 | $146.00 - $148.00 | Strong | Major historical support zone from a significant trough formed in the prior year (visible around Oct). |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $162.75 | $162.00 - $163.50 | Weak | Immediate resistance provided by the declining 20-day SMA. |
| $172.00 | $170.00 - $174.00 | Strong | Significant resistance zone containing previous consolidation levels, the declining 50-day SMA, and the 200-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top | Bearish | N/A | A complex topping pattern is visible with a peak around 202. The price broke below the neckline support (around 172-176) and is currently in the markdown phase. |
| Strong | Death Cross | Bearish | N/A | The 50-day SMA has crossed below the 200-day SMA, a classic long-term bearish trend reversal signal. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because Price is in a clear short-term downtrend, making lower highs and lower lows. It is trading below the declining 20-day SMA and hugging the lower Bollinger Band. Momentum indicators like MACD and RSI remain in bearish territory.. The long-term trend is classified as Bearish.
What are the key support levels for TXRH?
StockDips.AI has identified key support levels for TXRH at $157.00 and $147.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is TXRH in a significant dip or a Value Dip right now?
TXRH has a Value Score of 52/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.