TXRH Weekly Technical Analysis
Texas Roadhouse Inc
Chain of family steakhouses known for hand-cut steaks and casual dining.
TXRH Technical Analysis Summary
TXRH is currently undergoing a severe medium-term correction within a broader long-term uptrend. Short-term momentum is decidedly bearish, characterized by a break below the 50-week SMA and negative indicator readings. The price is resting on a pivotal support zone around 155-160; a breakdown here would confirm a large topping pattern and likely lead to a test of the 200-week SMA, while holding it is necessary to attempt a structural repair.
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TXRH Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has broken below both the 20-week and 50-week SMAs, with the MACD trending downward in negative territory and RSI declining below 50, indicating strong downward momentum.
Long-term Sentiment (weeks to months): Neutral
While the secular trend remains intact as price holds well above the rising 200-week SMA, the breakdown below the 50-week SMA and the formation of a potential major topping structure warrant a cautious stance.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-04-18T09:10:37.483Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $157.50 | $155.00 - $160.00 | Strong | Critical support zone defined by recent swing lows and acting as the neckline for a potential head and shoulders topping pattern. The lower Bollinger Band also resides in this area. |
| $139.00 | $135.00 - $143.00 | Strong | Major structural support from a previous consolidation zone, now reinforced by the rising 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $175.50 | $174.00 - $177.00 | Strong | Significant overhead resistance created by the confluence of the declining 20-week SMA and the 50-week SMA. |
| $197.50 | $195.00 - $200.00 | Strong | The major peak and recent all-time high zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Potential Head and Shoulders Top | Bearish | N/A | A large, multi-month topping structure appears to be forming, with a left shoulder around 180, head near 200, and a lower right shoulder. The neckline sits near the 155-160 support zone. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because Price has broken below both the 20-week and 50-week SMAs, with the MACD trending downward in negative territory and RSI declining below 50, indicating strong downward momentum.. 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 $157.50 and $139.00. 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.
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