TXRH Daily Technical Analysis
Texas Roadhouse Inc
Chain of family steakhouses known for hand-cut steaks and casual dining.
TXRH Technical Analysis Summary
Texas Roadhouse (TXRH) has experienced an aggressive sell-off from its recent highs above 216, plunging through the 20, 50, and 200-day moving averages. While an extreme oversold RSI reading near 20 suggests potential for a short-term technical bounce, the primary trend has shifted decidedly bearish following the breakdown beneath the 200-day SMA. Long-term investors should monitor support around the 154-158 May low for signs of base formation before anticipating a sustained recovery toward the 180 resistance zone.
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TXRH Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Steep downward sell-off breaking below all major moving averages and riding the lower Bollinger Band, with daily RSI reaching deeply oversold territory at 20.82.
Long-term Sentiment (weeks to months): Bearish
Price has decisively broken below the 200-day SMA (179.94) and 50-day SMA (196.06), erasing all summer gains and forming a lower low sequence.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-18T20:21:45.602Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $163.50 | $162.00 - $165.00 | Moderate | Aligns with the lower Bollinger Band (162.41) and intermediate consolidation lows from late June. |
| $156.00 | $154.00 - $158.00 | Strong | Major prior swing low set in May before the multi-month advance. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $180.00 | $178.00 - $182.00 | Strong | Confluence of the broken 200-day SMA (179.94) and prior horizontal breakdown shelf. |
| $188.50 | $187.00 - $190.00 | Moderate | Declining 20-day SMA (187.61) serving as intermediate dynamic resistance. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $160.00 | Peak near 216 in late July followed by a secondary peak in August, which completed upon breaking down through the 188-190 neckline. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because Steep downward sell-off breaking below all major moving averages and riding the lower Bollinger Band, with daily RSI reaching deeply oversold territory at 20.82.. 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 $163.50 and $156.00. 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 75/100. 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.
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