TXRH Daily Technical Analysis
Texas Roadhouse Inc
Chain of family steakhouses known for hand-cut steaks and casual dining.
TXRH Technical Analysis Summary
TXRH has undergone a steep corrective pullback from its August highs near 216, completing the measured move of a double-top pattern. The current price action is testing crucial long-term support at the 200-day SMA and lower Bollinger Band around 180, where daily RSI is deeply oversold at 28.59. If this major moving average holds, it provides an attractive risk-reward area for long-term trend continuation, whereas a decisive break below 178 would open the door toward the mid-160s.
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TXRH Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The stock has experienced a sharp multi-week decline below both the 20-day and 50-day moving averages, though it is attempting to stabilize near the lower Bollinger Band and 200-day SMA.
Long-term Sentiment (weeks to months): Bullish
Price remains above the upward-sloping 200-day SMA (179.97), maintaining a broader structure of higher macro lows relative to the May 2024 base.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:21:03.390Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $179.25 | $178.00 - $180.50 | Strong | Confluence of the rising 200-day SMA (179.97), lower Bollinger Band (179.63), and previous horizontal breakout resistance from June. |
| $166.00 | $164.00 - $168.00 | Moderate | Prior swing low cluster established in late June before the summer rally. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $197.25 | $196.00 - $198.50 | Strong | Convergence of the declining 20-day SMA (197.10) and the 50-day SMA (197.89), representing previous support turned resistance. |
| $214.25 | $212.00 - $216.50 | Strong | Late July and August swing highs marking the peak of the prior uptrend. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $178.00 | Two distinct peaks formed near 216 in late July and mid-August, followed by a breakdown below the neckline around 197-200. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because The stock has experienced a sharp multi-week decline below both the 20-day and 50-day moving averages, though it is attempting to stabilize near the lower Bollinger Band and 200-day SMA.. 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 $179.25 and $166.00. 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 89/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.