Cracker Barrel @ Year Highs

cbrl New York, May 22nd ( - Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) booked a new 52 week high today by trading above $59.9, traders are definitely monitoring Cracker Barrel's price action to see if this move attracts further buying into the stock.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) owns and operates restaurants and gift shops throughout the United States. The restaurant chain specializes in country style dining and sells gifts and souvenirs in its stores with locations thorughout the U.S., mainly close to main highways.

Cracker Barrel is currently trading 0.58% versus its previous trading session close, and it has calculated support and resistance at $55.07 and $59.06 respectively. Clearly, with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range.

The overall market index S&P 500 is trading higher by 0.9% from its previous trading close, which means that Cracker Barrel stock is underperforming the overall market.

Note - Automated Content Created By TradersHuddle's Technical Scanner

Related Partner Headlines

    Real Money Pro from TheStreet: Headlined by legendary hedge fund manager Doug Kass, our team of market technicians and professional traders hand you unique perspectives and breakthrough investment opportunities. Access this exciting service -- Real Money Pro -- FREE, right now!

    TradersHuddle Search

    Stock Search:

    Site Search:


    Technical Scans

    Recent Trading Ideas

    Latest Partner Headlines

    Stock Market

    o Dow Jones 17,750.91 ▼140.25 (-0.78%)
    o S&P 500 2,063.37 ▼18.06 (-0.87%)
    o NASDAQ 4,763.22 ▼54.37 (-1.13%)

    Dow Jones

    Company ID [INDEXDJX:.DJI] Last trade:17,750.91 Trade time:4:30PM EDT Value change:▼140.25 (-0.78%)

    S&P 500

    Company ID [INDEXSP:.INX] Last trade:2,063.37 Trade time:4:30PM EDT Value change:▼18.06 (-0.87%)


    Company ID [INDEXNASDAQ:.IXIC] Last trade:4,763.22 Trade time:5:15PM EDT Value change:▼54.37 (-1.13%)

    In The Wires

    Copyright © 2013 All Rights Reserved.