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 experiencing an intermediate-term bearish correction following a topping pattern near 220. The stock has broken below its 50-week SMA, which now acts as immediate overhead resistance. While short-term momentum is negative, the long-term picture remains bullish as long as the price stays above the key structural support zone near 140, bolstered by the rising 200-week SMA. Investors should watch for stabilization or further breakdown near the recent 160 support level.
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TXRH Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has recently broken below the 50-week SMA and is making lower highs and lower lows. RSI is below 50, and the MACD line is below the signal line and trending downwards, indicating short-term negative momentum.
Long-term Sentiment (weeks to months): Bullish
Despite the recent significant pullback, the overall multi-year market structure remains an uptrend. The price is still trading comfortably above the rising 200-week SMA, which indicates the long-term bullish trend is intact.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-03-21T09:10:21.762Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $163.00 | $160.00 - $166.00 | Strong | Recent swing low and interaction with the lower Bollinger Band, where price found buying interest. |
| $142.50 | $140.00 - $145.00 | Strong | Major structural support zone representing previous resistance highs from 2021-2022, which currently aligns closely with the rising 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $177.50 | $175.00 - $180.00 | Strong | Dynamic overhead resistance provided by the 50-week SMA, which the price recently broke below and is now testing from underneath. |
| $192.50 | $190.00 - $195.00 | Strong | Previous consolidation zone before the final breakdown, currently aligning with the declining 20-week SMA. |
| $217.50 | $215.00 - $220.00 | Strong | The major multi-year swing high. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top | Bearish | $150.00 | A complex topping formation visible over the past several months, with a peak near 220. The breakdown below the neckline area around 180-190 initiated the current intermediate-term downtrend. |
Frequently Asked Questions about TXRH
What is the current sentiment for TXRH?
The short-term sentiment for TXRH is currently Bearish because Price has recently broken below the 50-week SMA and is making lower highs and lower lows. RSI is below 50, and the MACD line is below the signal line and trending downwards, indicating short-term negative momentum.. 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 $163.00 and $142.50. 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 53/100. 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.