Tuesday, September 18, 2018 12:08:13 PM
Earlier today, Cracker Barrel Old Country Store Inc (NASDAQ:CBRL), reported earnings that were short of analysts expectations. The company also issued downside guidance. The popular restaurant stock is trading lower by 5.63 percent to $142.27 a share. Traders should note that the stock price is now trading below its important 50 and 200-day moving averages. This puts the stock in a weak technical position on the charts. The stock is also falling below its recent weekly chart pivot low from late July which indicates weakness and further downside for the shares. Traders must now watch for support around the $130.00 area. This important support area is where the stock was defended in October 2016. Often, past pivot levels will serve as major support when retested.
Nicholas Santiago
InTheMoneyStocks
Recent CBRL News
- Cracker Barrel Celebrates 55th Birthday with Special Promotions • PR Newswire (US) • 09/19/2024 04:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 12:26:19 PM
- CRACKER BARREL REPORTS FOURTH QUARTER FISCAL 2024 RESULTS • PR Newswire (US) • 09/19/2024 12:00:00 PM
- U.S. Index Futures Rise After Fed Rate Cut; Oil Prices Climb • IH Market News • 09/19/2024 10:28:34 AM
- Form PREC14A - Preliminary proxy statements, contested solicitations • Edgar (US Regulatory) • 09/18/2024 12:59:16 PM
- CRACKER BARREL FISCAL 2024 FOURTH QUARTER CONFERENCE CALL ON THE INTERNET • PR Newswire (US) • 09/05/2024 12:00:00 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/20/2024 11:06:18 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/19/2024 08:36:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 08:33:37 PM
- CRACKER BARREL RESPONDS TO BIGLARI NOMINATIONS • PR Newswire (US) • 08/19/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 11:41:48 PM
- Cracker Barrel Old Country Store® Introduces New Apple-Inspired Menu Additions To Help You Forget About Pumpkin Spice • PR Newswire (US) • 08/06/2024 01:04:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:44:58 PM
- Cracker Barrel Appoints Sarah Moore as New Chief Marketing Officer • PR Newswire (US) • 07/18/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/09/2024 09:13:36 PM
- Win Big This Summer with the Cracker Barrel Old Country Store® Endless Summer Sweepstakes • PR Newswire (US) • 06/27/2024 01:41:00 PM
- Cracker Barrel Announces Largest Menu Test in Brand's History • PR Newswire (US) • 06/25/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/20/2024 02:41:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/30/2024 04:55:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 12:13:48 PM
- CRACKER BARREL REPORTS THIRD QUARTER FISCAL 2024 RESULTS • PR Newswire (US) • 05/30/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 03:30:41 PM
- CRACKER BARREL ELECTS CHERYL HENRY TO BOARD OF DIRECTORS • PR Newswire (US) • 05/28/2024 12:00:00 PM
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