TXRH Daily Technical Analysis
Texas Roadhouse Inc
Chain of family steakhouses known for hand-cut steaks and casual dining.
TXRH Technical Analysis Summary
TXRH is exhibiting strong short-term bearish momentum following a significant rejection at the ~192 resistance level. The stock has broken below its 200-day SMA on increasing downward momentum, supported by bearish MACD and RSI readings. From a longer-term perspective, the stock remains trapped in a wide, volatile consolidation range, and investors should monitor how price reacts to lower support boundaries, particularly near the 156-159 zone.
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TXRH Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The price has sharply reversed from recent highs near 192, printing a strong bearish marubozu-like candle and breaking below the 200-day SMA. This downward momentum is confirmed by an RSI falling below 50 and a bearish MACD crossover with an expanding negative histogram.
Long-term Sentiment (weeks to months): Neutral
The stock appears to be in a broad, volatile consolidation range roughly between 155 and 195. The 50-day SMA remains below the 200-day SMA, indicating an absence of a strong long-term uptrend, though recent swing lows have held.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-02T14:13:55.069Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $166.30 | $165.00 - $167.60 | Weak | Immediate support zone around the current level of the 50-day SMA and prior minor consolidation areas. |
| $157.95 | $156.00 - $159.90 | Strong | Major structural swing low established in May, aligning closely with the current lower Bollinger Band. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $173.75 | $172.00 - $175.50 | Strong | Immediate overhead resistance zone comprising the recently broken 200-day SMA and the middle Bollinger Band (20-day SMA). |
| $191.25 | $190.00 - $192.50 | Strong | Recent swing high resistance area where the latest rally failed, located near the upper Bollinger Band. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish Reversal | Bearish | $165.00 | A sharp rejection from the 192 resistance level, characterized by consecutive strong down days and a large bearish candle breaking below key moving averages, signaling a shift in short-term control to sellers. |
| Weak | Broad Range Bound / Potential Double Top | Neutral | N/A | On a macro scale, the chart shows a large peak earlier in the year near 196 and a recent lower peak near 192, suggesting a broader inability to maintain new highs and characterizing the current price action as part of a wide trading range. |
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 sharply reversed from recent highs near 192, printing a strong bearish marubozu-like candle and breaking below the 200-day SMA. This downward momentum is confirmed by an RSI falling below 50 and a bearish MACD crossover with an expanding negative histogram.. 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 $166.30 and $157.95. 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 33/100. 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.
View the full interactive analysis on StockDips.AI.