Taking everything into account, CZR scores 5 out of 10 in our technical rating. 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.
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. There is a resistance zone just above the current price starting at 24.80. Right above this resistance zone may be a good entry point.
More info and screens
22.71
When analyzing the support we notice one important area.
- Support @22.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.80 to 25.02. 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 CZR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CZR is up. |
| ChartMill Relative Strength | 17.65 | NEGATIVE | CZR has a low relative strength, it was outperformed by 82.35% 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) | 63 | NEUTRAL | The RSI value for CZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests CZR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.23 | NEUTRAL | The Stochastics value for CZR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CZR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.28 | POSITIVE | The high ADX value value for CZR suggests a strong trend. |
24.79
+0.29 (+1.18%)
CAESARS ENTERTAINMENT INC / CZR FAQ
What is the ChartMill technical rating of CAESARS ENTERTAINMENT INC (CZR) stock?
ChartMill assigns a technical rating of 5 / 10 to CZR.
What is the current trend direction of CAESARS ENTERTAINMENT INC (CZR) stock?
The current trend direction for CAESARS ENTERTAINMENT INC (CZR) is Bearish.
What is the RSI signal for CZR stock?
CAESARS ENTERTAINMENT INC (CZR) has an RSI value of 62.9967. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CAESARS ENTERTAINMENT INC?
The short term momentum for CAESARS ENTERTAINMENT INC (CZR) is positive.