Taking everything into account, CZR scores 2 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 a poor technical rating and the quality of the setup is also not perfect 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.
22.71
2 important resistance areas can be observed.
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 | 11.87 | NEGATIVE | CZR has a low relative strength, it was outperformed by 88.13% 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) | DOWN | MIXED | The current price of CZR is above a declining 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) | 58.62 | NEUTRAL | The RSI value for CZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests CZR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.69 | OVERBOUGHT | The high Stochastics value suggests CZR may be overbought. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CZR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.59 | POSITIVE | The high ADX value value for CZR suggests a strong trend. |
22.94
-0.58 (-2.47%)
ChartMill assigns a technical rating of 2 / 10 to CZR.
The current trend direction for CAESARS ENTERTAINMENT INC (CZR) is Bearish.
CAESARS ENTERTAINMENT INC (CZR) has an RSI value of 58.6228. This indicates that the stock is currently neutral.
The short term momentum for CAESARS ENTERTAINMENT INC (CZR) is positive.
The buy/sell signal for CAESARS ENTERTAINMENT INC (CZR) is hold as the short term and long term trends are mixed.