Sweetgreen stock price action aligns with the bullish trend

Sweetgreen stock price action aligns with the bullish trend in fast-casual dining stocks. Moving averages are trending upwards, with the 200-day MA at $14.20 serving as a major technical support level. Sweetgreen stock is now down about 84% from its all-time high, but value investors shouldn't get too excited. The company isn't profitable, and economic headwinds will be tough to endure. Other fast-casual chains, including Chipotle and Cava , offer more attractive value propositions. Sweetgreen's premium pricing wasn't a problem in the immediate post-pandemic period, but it's a big problem now. It also projects negative same-store sales for the full year, estimating declines of between 4% and 6%, down from its original outlook of single-digit growth. Restaurant-level profit margin for 2025 is expected to be 200 basis points lower than Sweetgreen's latest outlook in May. That includes a 40 basis-point hit due to the effect of tariffs. Sweetgreen stock price is seen as a momentum play in the restaurant sector, with volume surges accompanying breakouts from consolidation patterns. Sector demand analytics indicate long-term strength in health-conscious dining trends.