In this daily chart of RRGB, below, we can see several downside price gaps as the share price has been under pressure the past 12 months. Prices are below the declining 50-day moving average line as well as the slower-to-react 200-day line.
In June we can see the 50-day line move below the 200-day line for a sell signal that is commonly called a dead cross.
The daily On-Balance-Volume (OBV) line has been in a decline from March and tells us that sellers of RRGB have been more aggressive.
The trend-following Moving Average Convergence Divergence (MACD) oscillator has been below the zero line for much of the year and is pointed down in a sell mode.
In this five-year weekly bar chart of RRGB, below, we can see significant losses from 2015. Prices area below the declining 40-week moving average line.
The weekly OBV line is bearish and so is the MACD oscillator.
In this long-term weekly bar chart of RRGB we can see that prices are headed down towards levels not seen since 2012-11. Support is so old it is probably not meaningful.
In this long-term Point and Figure chart of RRGB, below, we can see a $31 price target.
Bottom line: Do not look for a turn around in RRGB anytime soon.