CAESARS ENTERTAINMENT INC (CZR) Technical Analysis
NASDAQ:CZR • US12769G1004
Current stock price
CZR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CZR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CZR is only an average performer.
- The long and short term trends are both positive. This is looking good!
- CZR is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 70% of 126 stocks in the same industry.
- CZR has an average volume of 6720440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, CZR outperforms 61% of them, which is more or less in line with the market.
- CZR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CZR is lagging the market slightly.
- In the last month CZR has a been trading in the 20.85 - 30.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CZR Weekly and Daily overview Charts
CZR Setup Rating and Analysis
CZR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 26.76, a Stop Loss order could be placed below this zone.
More info and screens
CZR Support and Resistance Analysis
18.45
We found 3 important support areas.
- A support zone ranging from 26.31 to 26.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.00 from a horizontal line in the daily time frame.
- Support @18.64 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @28.06 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 28.92 to 29.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
CZR Technical Indicator Signal Analysis
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 CZR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CZR is up. |
| ChartMill Relative Strength | 61.5 | NEUTRAL | CZR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of CZR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.25 | NEUTRAL | The RSI value for CZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CZR has a negative trend. |
| Stochastics (14,3) | 26.41 | NEUTRAL | The Stochastics value for CZR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for CZR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.82 | POSITIVE | The high ADX value value for CZR suggests a strong trend. |
CZR Chart- and CandleStick Pattern Analysis
CZR Example Setup
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 |
|---|---|---|---|
| 28.07 | 26.30 | 1.77 (6.31%) | 15.86% |
| An entry @28.07. This is a Buy Stop order right above the resistance zone. | An exit @26.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.77 points, which is 6.31%. | When investing 15.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of CZR. 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.
CZR Technicals: Chart, Performance Metrics, Trend & Indicators
26.89
+0.07 (+0.26%)
CAESARS ENTERTAINMENT INC / CZR TA FAQ
What is the technical rating for CZR stock?
ChartMill assigns a technical rating of 8 / 10 to CZR.
What is the trend direction for CZR stock?
The current trend direction for CAESARS ENTERTAINMENT INC (CZR) is Bullish.
Can you provide the RSI signal for CAESARS ENTERTAINMENT INC?
CAESARS ENTERTAINMENT INC (CZR) has an RSI value of 58.253. This indicates that the stock is currently neutral.
What is the MACD signal for CAESARS ENTERTAINMENT INC (CZR) stock?
The MACD indicator for CAESARS ENTERTAINMENT INC (CZR) has a value of -0.195004, indicating a bearish trend.
What are the support and resistance levels for CAESARS ENTERTAINMENT INC (CZR) stock?
CAESARS ENTERTAINMENT INC (CZR) has a support level at 26.76 and a resistance level at 28.06. Check the full technical report for our detailed analysis of CZR support and resistance levels.