CAESARS ENTERTAINMENT INC (CZR) Stock Technical Analysis
NASDAQ:CZR - Nasdaq - US12769G1004 - Common Stock - Currency: USD
Overall CZR gets a technical rating of 4 out of 10. In the past year, CZR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
72% of all other stocks performed better in the past year than CZR.
CZR is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 66% of 133 stocks in the same industry do better.
CZR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CZR has an average volume of 5413550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month CZR has a been trading in the 25.39 - 29.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CZR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 27.99, a Stop Loss order could be placed below this zone.
More info and screens
25.30
43.28
3 important support areas can be observed.
- A support zone ranging from 27.33 to 28.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.06 to 26.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.56 to 25.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- Resistance @29.15 from a trend line in the daily time frame.
- A resistance zone ranging from 30.70 to 30.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.59 from a trend line in the daily time frame.
- Resistance @33.38 from a trend line in the weekly time frame.
- Resistance @39.42 from a horizontal line in the daily time frame.
- Resistance @42.85 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 | DOWN | NEGATIVE | The long term trend for CZR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CZR is up. |
| ChartMill Relative Strength | 28.81 | NEGATIVE | CZR has a low relative strength, it was outperformed by 71.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CZR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CZR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CZR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.6 | NEUTRAL | The RSI value for CZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CZR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.32 | NEUTRAL | The Stochastics value for CZR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CZR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.2 | NEGATIVE | The low ADX value for CZR 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)
28.39
-0.47 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.63%
1 Week-0.39%
2 Weeks11.07%
1 Month5.62%
3 Month22.48%
6 Month-12.67%
12 Month-23.64%
2 Year-44.3%
3 Year-25.87%
5 Year134.05%
10 Year363.89%
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%3.71%
ATR Inc-32.31%
Range Today0.66
ADR(20)0.94
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.81
Mansfield-2.22
10 Day High29.81
10 Day Low25.86
20 Day High29.81
20 Day Low25.39
52 Week High45.93
52 Week Low21.4
CS1 End27.99
CR1 Start29.26
Volume & EV
DER(3)0.98%
DER(5)1.27%
Volume4.88M
Volume Incr8.34%
Vol(5)5.66M
Vol(50)5.41M