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 TAST
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Carrols Restaurant Group stock price down 0% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 04, 2024 Gain 19.05% PDF

No changes to the price of Carrols Restaurant Group stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0.105% from a day low at $9.50 to a day high of $9.51. The price has risen in 4 of the last 10 days and is up by 0.21% over the past 2 weeks.

The stock lies in the middle of a wide and strong 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 15.38% during the next 3 months and, with a 90% probability hold a price between $10.03 and $11.74 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

TAST Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, March 25, 2024, and so far it has fallen -0.105%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The Carrols Restaurant Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $9.50 and $9.46. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Carrols Restaurant Group stock

Carrols Restaurant Group finds support from accumulated volume at $9.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0100 between high and low, or 0.105%. For the last week the stock has had daily average volatility of 0.126%.

Our recommended stop-loss: $8.96 (-5.69%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Carrols Restaurant Group to open at $9.50, and during the day (based on 14 day Average True Range), to move between $9.46 and $9.54, which gives a possible trading interval of +/-$0.0356 (+/-0.38%) up or down from last closing price. If Carrols Restaurant Group takes out the full calculated possible swing range there will be an estimated 0.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.51 (0.11%) than the support at $9.47 (0.32%), 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 Carrols Restaurant Group stock A Buy?

Carrols Restaurant Group holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.992 Hold/Accumulate Unchanged

Predicted Opening Price for Carrols Restaurant Group of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$9.50 ( 0.0351%) $9.50

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

Trading levels for TAST

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.51 0.140 %
R2 9.51 0.100 %
R1 9.51 0.0753 %
Current price: 9.50
Support S1 9.50 -0.0051 %
S2 9.50 -0.0300 %
S3 9.49 -0.0702 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 9.51 0.105 %
Current price 9.50
Support S1 9.47 -0.316%
S2 9.44 -0.632%
S3 9.40 -1.05%

TAST Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 08, 2024 Apr 05, 2024 $0.0200 0.211%
2 Nov 09, 2023 Nov 20, 2023 Dec 15, 2023 $0.0200 0.275%
3 Aug 12, 2021 Aug 24, 2021 Oct 05, 2021 $0.410 10.96%
4 May 08, 2012 May 08, 2012 May 08, 2012 $11.10 250.00%

FAQ

What is the symbol for Carrols Restaurant Group Stock and on which exchange is it traded?
The symbol for Carrols Restaurant Group is TAST and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Carrols Restaurant Group Stock?
Carrols Restaurant Group holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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

What's the current price of Carrols Restaurant Group Stock?
As of the end of day on the 2024-03-27, the price of an Carrols Restaurant Group (TAST) share was $9.50.

What is the 52-week high and low for Carrols Restaurant Group Stock?
The 52-week high for Carrols Restaurant Group Stock is $9.54 and the 52-week low is $2.16.

What is the market capitalization of Carrols Restaurant Group Stock?
As of the 2024-03-27, the market capitalization of Carrols Restaurant Group is 545.154M.

When is the next earnings date for Carrols Restaurant Group?
The upcoming earnings date for Carrols Restaurant Group is May 09, 2024.
Click to get the best stock tips daily for free!

About Carrols Restaurant Group

Carrols Restaurant Group Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States. The company operates as a Burger King and Popeyes franchisee. As of January 2, 2022, it operated 1,026 Burger King restaurants located in 23 Northeastern, Midwestern, Southcentral, and Southeastern states; and 65 Popeyes restaurants in seven Southeastern states. The company was founded in 1960 and is headquartered in Syracuse, New York... TAST Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT