CENTURY CASINOS INC (CNTY) Stock Technical Analysis
NASDAQ:CNTY - Nasdaq - US1564921005 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CNTY. In the last year, CNTY 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.
Besides having an excellent technical rating, CNTY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.49, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.20
2 important support areas can be observed.
- A support zone ranging from 2.45 to 2.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.22 to 2.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.57 to 2.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.35 from a trend line in the weekly time frame.
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 CNTY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNTY is up. |
| ChartMill Relative Strength | 90.67 | POSITIVE | CNTY has a high relative strength, it outperformed 90.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNTY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CNTY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.84 | NEUTRAL | The RSI value for CNTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNTY has a positive trend. |
| Stochastics (14,3) | 74.06 | NEUTRAL | The Stochastics value for CNTY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for CNTY suggests high volalility. |
| Average Directional Index/ADX (14) | 33.27 | POSITIVE | The high ADX value value for CNTY 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 |
|---|---|---|---|
| 2.58 | 2.44 | 0.14 (5.43%) | 18.43% |
| An entry @2.58. This is a Buy Stop order right above the resistance zone. | An exit @2.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 5.43%. | For a 1.00% total portfolio risk, you can invest 18.43% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CNTY. 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:CNTY (7/25/2025, 8:00:00 PM)
2.56
+0.01 (+0.39%)