Our Analysis of Red Robin Gourmet Burgers, Inc. ($RRGB) (2019-07-29)

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REPORTING FOR 2019-07-29 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Red Robin Gourmet Burgers, Inc. ($RRGB) has been trading over the last 2 weeks and the past day especially. On its latest session, Red Robin Gourmet Burgers, Inc. ($RRGB) opened at 34.3, reaching a high of 34.73 and a low of 33.9376 before closing at a price of 34.67. There was a total volume of 205164.

VOLUME INDICATORS: We saw an accumulation-distribution index of 326.57179, an on-balance volume of 34.18, chaikin money flow of 2.68558 and a force index of -0.01912. There was an ease of movement rating of -0.00074, a volume-price trend of 4.76276 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.85107, bolinger bands of 34.21976, an upper bollinger band of 33.80284, lower bollinger band of 33.9376, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 34.32253, high band keltner channel of 33.89253, low band keltner channel of 34.75253, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 33.9376, a donchian channel low band of 33.9376, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.00331, a MACD signal of 0.00184, a MACD difference of 0.00147, a fast Exponential Moving Average (EMA) indicator of 33.9376, a slow Exponential Moving Average (EMA) indicator of 33.9376, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.16133, a trix of 9.92918, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -4.0799, a KST Oscillator (KST) of 136.64501 and a KST Oscillator (KST Signal) of 136.64501 (leaving a KST difference of 1.23419). We also found an Ichimoku rating of 34.515, an Ichimoku B rating of 34.515, a Ichimoku visual trend A of 31.23193, an Ichimoku visual trend B of 31.47333, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 91.84207, a stochastic oscillator of 184.27907, a stochastic oscillator signal of 184.27907, a Williams %R rating of 84.27907 and an awesome oscillator of 0.04308.

RETURNS: There was a daily return of 13.6645, a daily log return of 0.43339 and a cumulative return of 0.43433.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-29 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Red Robin Gourmet Burgers, Inc. ($RRGB)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Red Robin Gourmet Burgers, Inc., we strongly advise Red Robin Gourmet Burgers, Inc. investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Red Robin Gourmet Burgers, Inc. – without this you are trading blind:

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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Red Robin Gourmet Burgers, Inc. ($RRGB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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