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 experienced a dramatic technical breakdown following a failed breakout attempt above the 190 level. The swift reversal has pushed the price below key moving averages, accompanied by decisively negative momentum signals from the MACD and RSI. While the long-term trend is arguably a wide, choppy range, the immediate technical picture is heavily bearish, making the current test of the 164-168 support zone critical for preventing a deeper retracement.
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TXRH Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The price has suffered a sharp, violent decline from recent highs near 192, decisively breaking below the 20-day and 200-day SMAs. Momentum indicators confirm this weakness, with the MACD showing a strong bearish crossover and an expanding negative histogram, while the RSI is plunging rapidly.
Long-term Sentiment (weeks to months): Neutral
The broader visual structure consists of a wide, volatile trading range roughly between 148 and 192. While the recent aggressive sell-off has caused significant technical damage, pushing the price below the 200-day SMA, the stock remains well above major historical support levels, suggesting a currently indecisive long-term trend.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-08T21:11:56.017Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $166.00 | $164.00 - $168.00 | Weak | Immediate testing zone encompassing the current 50-day SMA and the lower Bollinger Band. |
| $157.00 | $156.00 - $158.00 | Moderate | Intermediate structural support based on swing lows from late March and early April. |
| $147.50 | $146.00 - $149.00 | Strong | Critical historical support floor formed by major swing lows on the left side of the chart and in mid-May. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $173.75 | $171.00 - $176.50 | Strong | Immediate overhead resistance zone formed by the recently broken 200-day SMA and the 20-day SMA (middle Bollinger Band). |
| $186.00 | $184.00 - $188.00 | Strong | Significant historical supply zone and the consolidation area prior to the final peak. |
| $192.00 | $191.00 - $193.00 | Strong | The recent extreme swing high and point of the failed breakout. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Failed Breakout / V-Top Reversal | Bearish | N/A | Price briefly exceeded previous historical resistance near the 188-190 level but immediately failed to sustain it, resulting in a sharp, impulsive sell-off that broke key moving averages. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because The price has suffered a sharp, violent decline from recent highs near 192, decisively breaking below the 20-day and 200-day SMAs. Momentum indicators confirm this weakness, with the MACD showing a strong bearish crossover and an expanding negative histogram, while the RSI is plunging rapidly.. The long-term trend is classified as Neutral.
What are the key support levels for TXRH?
StockDips.AI has identified key support levels for TXRH at $166.00 and $157.00. 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 77/100. It is 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.