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CODERE ONLINE LUXEMBOURG SA (CDRO) Stock Technical Analysis

NASDAQ:CDRO - Nasdaq - LU2405144788 - Common Stock - Currency: USD

7.83  +0.55 (+7.55%)

Technical Rating and Analysis

5

Taking everything into account, CDRO scores 5 out of 10 in our technical rating. In the past year, CDRO was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CDRO is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 82% of 136 stocks in the same industry.
In the last month CDRO has a been trading in the 5.75 - 8.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that CDRO is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CDRO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
CODERE ONLINE LUXEMBOURG SA / CDRO Weekly stock chart
CODERE ONLINE LUXEMBOURG SA / CDRO Daily stock chart
Setup Rating and Analysis

2

CDRO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

6.01

8.61

We found 5 important support areas.

  • A support zone ranging from 7.21 to 7.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.79 from a horizontal line in the daily time frame.
  • Support @6.56 from a trend line in the weekly time frame.
  • Support @6.32 from a horizontal line in the weekly time frame.
  • Support @6.07 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @8.29 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 8.50 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.46
Mansfield0.36
10 Day High8.19
10 Day Low6.55
20 Day High8.19
20 Day Low5.75
52 Week High8.76
52 Week Low5.75
Performance
1 Week9.21%
2 Weeks10.28%
1 Month12.02%
3 Month19%
6 Month0.77%
12 Month13.48%
2 Year137.27%
3 Year160.13%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)65.65
LBB6.75
UBB7.61
CODERE ONLINE LUXEMBOURG SA / CDRO Daily stock chart

CODERE ONLINE LUXEMBOURG SA

NASDAQ:CDRO (5/2/2025, 8:00:02 PM)

7.83

+0.55 (+7.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg7.55%
1 Week9.21%
2 Weeks10.28%
1 Month12.02%
3 Month19%
6 Month0.77%
12 Month13.48%
2 Year137.27%
3 Year160.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%6.83%
ATR Inc31.54%
Range Today0.76
ADR(20)0.51
ADR(20)%6.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.46
Mansfield0.36
10 Day High8.19
10 Day Low6.55
20 Day High8.19
20 Day Low5.75
52 Week High8.76
52 Week Low5.75
CS1 End7.26
CR1 Start8.29
Volume & EV
DER(3)-9.43%
DER(5)-7.26%
Volume136.10K
Volume Incr71.59%
Vol(5)46.14K
Vol(50)31.62K