CAESARS ENTERTAINMENT INC (CZR) Stock Technical Analysis
USA - NASDAQ:CZR - US12769G1004 - Common Stock
Overall CZR gets a technical rating of 0 out of 10. CZR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CZR is bad and it also does not present a quality setup 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.
More info and screens
21.24
When analyzing the support we notice one important area.
- A support zone ranging from 21.45 to 21.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @23.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.13 to 26.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.25 from a horizontal line in the daily time frame.
- Resistance @41.84 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 | DOWN | NEGATIVE | The short term trend for CZR is down. |
| ChartMill Relative Strength | 5.56 | NEGATIVE | CZR has a low relative strength, it was outperformed by 94.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CZR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CZR is below 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) | 39.71 | NEUTRAL | The RSI value for CZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CZR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.72 | NEUTRAL | The Stochastics value for CZR is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for CZR suggests high volalility. |
| Average Directional Index/ADX (14) | 27.22 | POSITIVE | The high ADX value value for CZR suggests a strong trend. |
22.225
-0.85 (-3.7%)
CAESARS ENTERTAINMENT INC / CZR FAQ
What is the ChartMill technical rating of CAESARS ENTERTAINMENT INC (CZR) stock?
ChartMill assigns a technical rating of 0 / 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 39.7143. 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 negative.
Can you provide the buy/sell signal for CAESARS ENTERTAINMENT INC?
The buy/sell signal for CAESARS ENTERTAINMENT INC (CZR) is sell as both the short term and long term trends are negative.