Restaurants & Bars industry

Monitor and predict the growth prospects and potential risks of the Restaurants & Bars industry by examining the financial and macroeconomic factors affecting it and the latest Restaurants & Bars news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Restaurants & Bars updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Restaurants & Bars industry trend, growth prospects and risks.

Restaurants & Bars industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Restaurants & Bars industry US.RESTAURANTS 2511.72 0.5 0.75 1.35072 50.9978 0.28 4.65 4.3 0.07821

Restaurants & Bars industry News

Restaurants & Bars industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Restaurants & Bars industry by examining the stock and credit performance of major Restaurants & Bars companies across the US, Europe, Eastern Europe and Asia Pacific. Restaurants & Bars Stock performance is monitored by analyzing STOXX equity indices of major Restaurants & Bars companies while Restaurants & Bars credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Restaurants & Bars high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Restaurants & Bars sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Restaurants & Bars industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Restaurants & Bars momentum, Restaurants & Bars trend, Restaurants & Bars oscillator, Restaurants & Bars RSI and Restaurants & Bars returns.

Restaurants & Bars industry Description

The subsector of Restaurants & Bars includes operators of restaurants, fast-food facilities, coffee shops and bars. Includes integrated brewery companies and catering companies.

Restaurants & Bars industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Restaurants & Bars momentum signal ranges from -100 to +100. The Restaurants & Bars momentum signal is derived as the mean value from 4 calculations for the Restaurants & Bars . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Restaurants & Bars return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Restaurants & Bars momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Restaurants & Bars momentum signal moves from positive to negative value or vice-versa.

Restaurants & Bars industry trend

Restaurants & Bars trend signal ranges from -100 to +100. Restaurants & Bars trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Restaurants & Bars Closing price vs Restaurants & Bars moving average (MA) calculation: If Restaurants & Bars is greater than Restaurants & Bars MA value is +1, else -1, 2. Restaurants & Bars Moving average slope calculation: if current Restaurants & Bars moving average is higher than the previous MA, Restaurants & Bars upward slope +1, else -1
Restaurants & Bars trend model can be used as a trend strength indicator. Restaurants & Bars trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Restaurants & Bars trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Restaurants & Bars 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Restaurants & Bars is in an uptrend when Restaurants & Bars price is higher than the 52-week moving average and the Restaurants & Bars 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Restaurants & Bars oscillator and Restaurants & Bars RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Restaurants & Bars industry oscillator

The Restaurants & Bars oscillator estimated by MacroVar is the z-score of the currentRestaurants & Bars price versus Restaurants & Bars 1-year simple moving average price. The formula for the Restaurants & Bars oscillator is:
Restaurants & Bars oscillator = (Current Price – 250 trading days Restaurants & Bars simple moving average price) / (250 days Restaurants & Bars price standard deviation)

Restaurants & Bars oversold conditions
Restaurants & Bars is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Restaurants & Bars is oversold it is often due for a rebound. Values of the Restaurants & Bars oscillator lower than -2.5 signify oversold conditions. It must be noted that the Restaurants & Bars oscillator must be analyzed ibn conjunction with the rest ofRestaurants & Bars quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Restaurants & Bars RSI.
Restaurants & Bars overbought conditions
Restaurants & Bars is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Restaurants & Bars is overbought it is often due for a correction. Values of the Restaurants & Bars oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Restaurants & Bars quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Restaurants & Bars RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Restaurants & Bars is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringRestaurants & Bars uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Restaurants & Bars industry returns

MacroVar calculates Restaurants & Bars returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Restaurants & Bars returns = (Restaurants & Bars Closing Price – Restaurants & Bars Previous Price)/(Restaurants & Bars Previous Price)

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!