We assign a technical rating of 7 out of 10 to CHDN. Although CHDN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although CHDN has an excellent technical rating, it does not present a decent entry opportunity 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
2 important support areas can be observed.
- A support zone ranging from 111.94 to 111.94. 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 one important area.
- A resistance zone ranging from 114.33 to 117.59. 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 | UP | POSITIVE | The long term trend for CHDN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHDN is neutral. |
| ChartMill Relative Strength | 44.78 | NEUTRAL | CHDN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHDN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHDN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHDN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.11 | NEUTRAL | The RSI value for CHDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests CHDN has a negative trend. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for CHDN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for CHDN suggests low volalility. |
| Average Directional Index/ADX (14) | 35.86 | POSITIVE | The high ADX value value for CHDN suggests a strong trend. |
111.95
-1.83 (-1.61%)
CHURCHILL DOWNS INC / CHDN FAQ
Can you provide the ChartMill technical rating for CHURCHILL DOWNS INC?
ChartMill assigns a technical rating of 7 / 10 to CHDN.
Can you provide the trend direction for CHURCHILL DOWNS INC?
The current trend direction for CHURCHILL DOWNS INC (CHDN) is Bullish.
Can you provide the RSI signal for CHURCHILL DOWNS INC?
CHURCHILL DOWNS INC (CHDN) has an RSI value of 49.1067. 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 -0.882329, 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 111.94 and a resistance level at 114.33. Check the full technical report for our detailed analysis of CHDN support and resistance levels.