Texas Roadhouse (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 has staged a powerful recovery from its October lows near $152, culminating in a decisive breakout candle to $196.43 that cleared both the 50-day ($173.30) and 200-day ($178.75) SMAs. With the RSI pushing into overbought territory at 72.77, short-term momentum is firmly bullish, though some consolidation near the $200 psychological barrier is possible. For long-term investors, holding above the reclaimed 200-day SMA preserves the broader multi-month uptrend, positioning the stock for a potential retest of the $212-$216 peak.
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TXRH Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price formed a massive green expansion candle breaking well above the upper Bollinger Band and both the 50-day and 200-day moving averages with rising RSI momentum (72.77).
Long-term Sentiment (weeks to months): Bullish
The stock has sharply reversed from the major $152-$155 support floor, reclaiming the 200-day moving average ($178.75) and returning into the upper half of its broader multi-month trading range.
Report Metadata
- Timeframe: daily
- Generated at: Nov 4, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $189.63 | $188.00 - $191.25 | Moderate | Upper Bollinger Band boundary and the opening level of the latest breakout candle. |
| $177.50 | $176.00 - $179.00 | Strong | Confluence zone of the 200-day moving average ($178.75) and prior horizontal structural resistance turned support. |
| $154.50 | $152.00 - $157.00 | Strong | Major swing low base established in October from which the current rally originated. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $202.00 | $200.00 - $204.00 | Moderate | Psychological round number at $200 and previous distribution zone from August. |
| $214.25 | $212.00 - $216.50 | Strong | Peak swing highs established in July and August. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | V-Shaped Recovery | Bullish | $216.00 | Sharp, aggressive recovery off the October low at $152, swiftly reclaiming key moving averages with strong upward momentum. |
| Moderate | Bollinger Band Breakout | Bullish | $204.00 | Price has pierced and closed above the upper Bollinger Band band line at 191.21, signaling strong trend acceleration. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bullish because Price formed a massive green expansion candle breaking well above the upper Bollinger Band and both the 50-day and 200-day moving averages with rising RSI momentum (72.77). The long-term trend is classified as Bullish.
What are the key support levels for TXRH?
StockDips.AI has identified key support levels for TXRH at $189.63 and $177.50. 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 45/100. 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.
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