Red Robin Gourmet Stock Pattern Recognition Engulfing Pattern

RRGB Stock  USD 5.18  0.30  5.47%   
Red Robin pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against Red Robin. Red Robin value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Engulfing Pattern recognition function is designed to identify and follow existing trends. Red Robin momentum indicators are usually used to generate trading rules based on assumptions that Red Robin trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of seven valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes Red Robin bullish reversal pattern.

Red Robin Technical Analysis Modules

Most technical analysis of Red Robin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Red from various momentum indicators to cycle indicators. When you analyze Red charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Red Robin Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Red Robin Gourmet. We use our internally-developed statistical techniques to arrive at the intrinsic value of Red Robin Gourmet based on widely used predictive technical indicators. In general, we focus on analyzing Red Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Red Robin's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Red Robin's intrinsic value. In addition to deriving basic predictive indicators for Red Robin, we also check how macroeconomic factors affect Red Robin price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2017 2022 2023 2024 (projected)
Payables Turnover25.740.0446.0540.7
Days Of Inventory On Hand11.878.827.948.53
Hype
Prediction
LowEstimatedHigh
0.024.889.74
Details
Intrinsic
Valuation
LowRealHigh
2.647.5012.36
Details
5 Analysts
Consensus
LowTargetHigh
14.1115.5017.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.76-0.7-0.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Red Robin. Your research has to be compared to or analyzed against Red Robin's peers to derive any actionable benefits. When done correctly, Red Robin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Red Robin Gourmet.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Red Robin Gourmet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red Robin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Red Robin Gourmet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red Robin Gourmet Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Robin Gourmet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Robin. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Robin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.29)
Revenue Per Share
81.497
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.02)
Return On Equity
(2.38)
The market value of Red Robin Gourmet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Robin's value that differs from its market value or its book value, called intrinsic value, which is Red Robin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Robin's market value can be influenced by many factors that don't directly affect Red Robin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Robin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Robin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Robin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.