Overall CHDN gets a technical rating of 3 out of 10. In the last year, CHDN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month CHDN has a been trading in the 104.20 - 117.99 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, CHDN turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- CHDN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 56% of 133 stocks in the same industry.
- CHDN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHDN is lagging the market.
CHDN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
87.11
We found 2 important support areas.
- A support zone ranging from 105.48 to 106.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.99 to 88.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 107.76 to 109.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 111.10 to 111.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @114.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 116.76 to 117.59. 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 | NEUTRAL | NEUTRAL | The long term trend for CHDN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHDN is down. |
| ChartMill Relative Strength | 44.35 | NEUTRAL | CHDN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHDN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHDN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CHDN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.41 | NEUTRAL | The RSI value for CHDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.01 | NEGATIVE | The MACD value suggests CHDN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.52 | NEUTRAL | The Stochastics value for CHDN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for CHDN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for CHDN suggests a strong trend. |
106.88
-0.61 (-0.57%)
CHURCHILL DOWNS INC / CHDN FAQ
Can you provide the ChartMill technical rating for CHURCHILL DOWNS INC?
ChartMill assigns a technical rating of 3 / 10 to CHDN.
Can you provide the trend direction for CHURCHILL DOWNS INC?
The current trend direction for CHURCHILL DOWNS INC (CHDN) is Bearish.
Can you provide the RSI signal for CHURCHILL DOWNS INC?
CHURCHILL DOWNS INC (CHDN) has an RSI value of 40.4122. This indicates that the stock is currently neutral.
What is the MACD signal for CHURCHILL DOWNS INC (CHDN) stock?
The MACD indicator for CHURCHILL DOWNS INC (CHDN) has a value of -1.00632, indicating a bearish trend.
Can you provide the support and resistance levels for CHURCHILL DOWNS INC?
CHURCHILL DOWNS INC (CHDN) has a support level at 106.87 and a resistance level at 107.76. Check the full technical report for our detailed analysis of CHDN support and resistance levels.