RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BJRI
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A very strong day for BJ stock price on Wednesday
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The BJ stock price gained 7.65% on the last trading day (Wednesday, 27th Mar 2024), rising from $33.20 to $35.74. During the last trading day the stock fluctuated 7.31% from a day low at $33.92 to a day high of $36.40. The price has risen in 6 of the last 10 days but is still down by -1.71% for this period. Volume fell on the last day by -95 thousand shares and in total, 360 thousand shares were bought and sold for approximately $12.87 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.65% during the next 3 months and, with a 90% probability hold a price between $34.57 and $41.30 at the end of this 3-month period.

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BJRI Signals & Forecast

The BJ stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $34.77 and $35.42. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 8.63%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for BJ stock

BJ finds support from accumulated volume at $34.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.48 between high and low, or 7.31%. For the last week, the stock has had daily average volatility of 4.71%.

Our recommended stop-loss: $34.42 (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (BJRI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect BJ to open at $35.35, and during the day (based on 14 day Average True Range), to move between $34.31 and $37.17, which gives a possible trading interval of +/-$1.43 (+/-4.00%) up or down from last closing price. If BJ takes out the full calculated possible swing range there will be an estimated 8.00% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $36.01 (0.76%) than the support at $34.66 (3.02%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is BJ stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for BJ stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.477 Buy Candidate Upgraded

Predicted Opening Price for BJ of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$35.35 ( 1.08%) $35.74

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BJRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 37.83 5.86 %
R2 36.89 3.21 %
R1 36.30 1.57 %
Current price: 35.74
Support S1 34.41 -3.73 %
S2 33.82 -5.37 %
S3 32.87 -8.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 36.48 2.07 %
R2 36.46 2.01 %
R1 36.01 0.755 %
Current price 35.74
Support S1 34.66 -3.02%
S2 33.97 -4.95%
S3 32.51 -9.04%

BJRI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2020 Mar 09, 2020 Mar 24, 2020 $0.130 1.00%
2 Oct 21, 2019 Nov 07, 2019 Nov 25, 2019 $0.130 0.314%
3 Jul 25, 2019 Aug 09, 2019 Aug 26, 2019 $0.120 0.328%
4 Apr 25, 2019 May 10, 2019 May 27, 2019 $0.120 0.269%
5 Feb 21, 2019 Mar 11, 2019 Mar 26, 2019 $0.120 0.265%

FAQ

What is the symbol for BJ Stock and on which exchange is it traded?
The symbol for BJ is BJRI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell BJ Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for BJ stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy BJ Stock?
BJ Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy BJ Stock.

What's the current price of BJ Stock?
As of the end of day on the 2024-03-27, the price of an BJ (BJRI) share was $35.74.

What is the 52-week high and low for BJ Stock?
The 52-week high for BJ Stock is $38.77 and the 52-week low is $21.64.

What is the market capitalization of BJ Stock?
As of the 2024-03-27, the market capitalization of BJ is 835.137M.

When is the next earnings date for BJ?
The upcoming earnings date for BJ is Apr 25, 2024.
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About BJ

BJ BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States. The company's restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 19, 2022, it operated 213 restaurants in 29 states. The company was founded in 1978 and is based in Huntington Beach, California.... BJRI Profile

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