CODERE ONLINE LUXEMBOURG SA (CDRO) Technical Analysis
NASDAQ:CDRO • LU2405144788
We assign a technical rating of 5 out of 10 to CDRO. CDRO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- Warning: CDRO has an average volume of 11820 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- CDRO is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. CDRO outperforms 79% of them.
- CDRO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CDRO is performing more or less in line with the market.
- In the last month CDRO has a been trading in the 7.60 - 8.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, CDRO turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
Although the technical rating is only medium, CDRO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.63, a Stop Loss order could be placed below this zone.
More info and screens
7.45
We found 1 important support area.
- A support zone ranging from 7.53 to 7.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.00 to 8.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.51 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CDRO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDRO is neutral. |
| ChartMill Relative Strength | 67.81 | NEUTRAL | CDRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CDRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CDRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.25 | NEUTRAL | The RSI value for CDRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CDRO has a negative trend. |
| Stochastics (14,3) | 52.08 | NEUTRAL | The Stochastics value for CDRO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for CDRO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.13 | NEUTRAL | The ADX value for CDRO suggests a possible start of a new trend. |
CDRO Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CDRO (3/12/2026, 8:27:50 PM)
8
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CODERE ONLINE LUXEMBOURG SA / CDRO FAQ
Can you provide the ChartMill technical rating for CODERE ONLINE LUXEMBOURG SA?
ChartMill assigns a technical rating of 5 / 10 to CDRO.
What is the current trend direction of CODERE ONLINE LUXEMBOURG SA (CDRO) stock?
The current trend direction for CODERE ONLINE LUXEMBOURG SA (CDRO) is Bullish.
What is the RSI signal for CODERE ONLINE LUXEMBOURG SA (CDRO) stock?
CODERE ONLINE LUXEMBOURG SA (CDRO) has an RSI value of 52.2545. This indicates that the stock is currently neutral.
What is the short term momentum for CDRO stock?
The short term momentum for CODERE ONLINE LUXEMBOURG SA (CDRO) is neutral.