BJ's Restaurants breaks below its recent trading range after results The stock is down over 8.5% at time of writing, breaking a rectangular trading range that has persisted since last last year. This is a technical negative for price, suggesting that there will be a resumption of the downtrend that came before that range was established. At the current price of $30.31, support is at $29.81, and then at $29.26. Resistance is at $31.27.
News For BJRI From The Last 14 Days
Check below for free stories on BJRI the last two weeks.
Follow-up: BJ's Restaurants upgraded at Wunderlich As previously reported, Wunderlich upgraded BJ's Restaurant to Buy from Hold. The analyst is positive on BJ's new $50M repurchase authorization and cost optimization plan announced today.