CHURCHILL DOWNS INC (CHDN) Stock Technical Analysis
NASDAQ:CHDN - Nasdaq - US1714841087 - Common Stock - Currency: USD
Overall CHDN gets a technical rating of 0 out of 10. CHDN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than CHDN.
CHDN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 81% of 133 stocks in the same industry do better.
CHDN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHDN is lagging the market.
In the last month CHDN has a been trading in the 89.84 - 99.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of CHDN is bad and it also does not present a quality setup 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
91.85
101.45
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 94.81 to 95.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 98.27 to 100.45. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for CHDN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHDN is down. |
| ChartMill Relative Strength | 14.24 | NEGATIVE | CHDN has a low relative strength, it was outperformed by 85.76% off all stocks 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) | DOWN | NEGATIVE | The current price of CHDN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHDN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | NEUTRAL | The RSI value for CHDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CHDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.37 | NEUTRAL | The Stochastics value for CHDN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CHDN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for CHDN suggests a weak or negative trend. |
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)
92.78
-2.69 (-2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.82%
1 Week-0.49%
2 Weeks-5.59%
1 Month-0.48%
3 Month-17.16%
6 Month-33.34%
12 Month-31.01%
2 Year-33.33%
3 Year-3.12%
5 Year39.36%
10 Year345.17%
15 Year1597.2%
Volatility
ATR(14)1.8
ATR(20)%2.2%
ATR Inc30.61%
Range Today3.49
ADR(20)1.87
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.24
Mansfield-2.89
10 Day High98.38
10 Day Low91.46
20 Day High99.38
20 Day Low89.84
52 Week High150.21
52 Week Low85.58
CS1 EndN/A
CR1 Start94.81
Volume & EV
DER(3)-1.27%
DER(5)-1.31%
Volume916.80K
Volume Incr-18.21%
Vol(5)819.54K
Vol(50)935.51K