- Volatility is at a recent 2 week low. A recent low volatility of stock movement within a box range could trigger break through when activities pick up.
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- RSI is at a high level of 76. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 0.7. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
2020 was a challenging year for restaurant chains like McDonald's (NYSE: MCD) and BJ's Restaurants (NASDAQ: BJRI). Investors seem to believe both restaurants will rebound after the pandemic ends: Over the past 12 months, McDonald's stock has risen about 3%, while BJ's stock advanced 15%. McDonald's is the world's largest fast food chain with a market cap of almost $160 billion.
BJ's Restaurants' (BJRI) focus on technology-driven initiatives bodes well. However higher operating costs are headwind.
Texas Roadhouse (NASDAQ: TXRH) has over 600 restaurants, primarily under its namesake banner. Its focus on high-quality food at attractive prices is deceptively simple. As these initiatives took effect and authorities eased restrictions, Texas Roadhouse's results improved.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 817 world-class investment firms that we track and now have access to the collective wisdom contained in […]
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
No one knows precisely when the COVID-19 pandemic will end. Most experts are hopeful COVID-19 restrictions will end and life will begin returning to normal in the middle of 2021, coinciding with the widespread distribution of an effective vaccine. Nobody knows what the recovery will look like once COVID-19 and its associated restrictions lift, but it will benefit you […]
BJ's Restaurants (BJRI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
HUNTINGTON BEACH, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) -- BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced today that management will be participating in a fireside chat at the 2020 Stephens Annual Investment Conference on Wednesday, November 18, 2020, at 11:00 a.m. (Eastern). BJ’s management will also virtually meet with institutional investors. A live webcast of the fireside chat will be available on the “Investors” page of the Company’s website located at https://investors.bjsrestaurants.co...
BJ's Restaurants' (BJRI) increased focus on off-premise offerings and digital efforts bodes well. However, high operating costs and low traffic due to coronavirus pose concerns.