TXRH Weekly Technical Analysis
Texas Roadhouse Inc
Chain of family steakhouses known for hand-cut steaks and casual dining.
TXRH Technical Analysis Summary
TXRH has entered a period of broad, volatile consolidation following a prolonged multi-year uptrend. The short-term technical picture has deteriorated as the price broke decisively below key medium-term moving averages with weakening momentum indicators. For long-term investors, the critical area to watch is the 145-160 support zone, anchored by the 200-week SMA; holding this level is essential to prevent a major trend reversal.
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TXRH Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price formed a large bearish weekly candle, breaking down through both the 20-week and 50-week SMAs. This is corroborated by the RSI dropping below 50 and the MACD histogram turning negative and expanding.
Long-term Sentiment (weeks to months): Neutral
The stock has transitioned from a strong multi-year uptrend into a broad, volatile, sideways consolidation phase. While momentum has stalled, the price remains above the rising 200-week SMA, keeping the long-term structural uptrend technically intact for now.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-06-06T09:10:25.819Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $157.50 | $155.00 - $160.00 | Strong | Recent significant swing lows within the current broad trading range, where buyers have previously stepped in. |
| $147.50 | $145.00 - $150.00 | Strong | Crucial structural support zone that aligns closely with the rising 200-week SMA (~146.00). |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $177.00 | $173.00 - $181.00 | Strong | Immediate resistance zone comprising the broken 20-week and 50-week SMAs, as well as the high of the recent breakdown candle. |
| $192.50 | $190.00 - $195.00 | Strong | Recent major swing highs established before the latest downward sequence began. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Broad Consolidation Range | Neutral | N/A | The stock has been trading in a wide, choppy range roughly between 150 and 205 for an extended period, indicating a pause in the long-term trend or a potential distribution phase. |
| Strong | Support Breakdown | Bearish | N/A | The most recent price action shows a decisive close below a cluster of moving average support (20 SMA and 50 SMA), indicating increased short-term selling pressure. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because Price formed a large bearish weekly candle, breaking down through both the 20-week and 50-week SMAs. This is corroborated by the RSI dropping below 50 and the MACD histogram turning negative and expanding.. 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 $147.50. 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 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.