Taking everything into account, CDRO scores 7 out of 10 in our technical rating. In the last year, CDRO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
CDRO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
7.55
We found 1 important support area.
- A support zone ranging from 7.63 to 7.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.88 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.51 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.71 to 8.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 78.57 | POSITIVE | CDRO has a high relative strength, it outperformed 78.57% off all stocks 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) | UP | POSITIVE | The current price of CDRO is above the rising 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) | 52.53 | NEUTRAL | The RSI value for CDRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CDRO has a negative trend. |
| Stochastics (14,3) | 22.68 | NEUTRAL | The Stochastics value for CDRO is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for CDRO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.82 | POSITIVE | The high ADX value value for CDRO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.02 | 7.62 | 0.40 (4.99%) | 20.05% |
| An entry @8.02. This is a Buy Stop order right above the resistance zone. | An exit @7.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.40 points, which is 4.99%. | For a 1.00% total portfolio risk, you can invest 20.05% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CDRO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CDRO (1/12/2026, 8:00:02 PM)
7.69
+0.05 (+0.65%)
CODERE ONLINE LUXEMBOURG SA / CDRO FAQ
Can you provide the ChartMill technical rating for CODERE ONLINE LUXEMBOURG SA?
ChartMill assigns a technical rating of 7 / 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 52.5313. 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.