CAESARS ENTERTAINMENT INC (CZR) Stock Technical Analysis
NASDAQ:CZR - Nasdaq - US12769G1004 - Common Stock - Currency: USD
Taking everything into account, CZR scores 3 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, CZR is a bad performer in the overall market: 83% of all stocks are doing better.
CZR is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 75% of 131 stocks in the same industry do better.
In the last month CZR has a been trading in the 28.17 - 31.58 range, which is quite wide. It is currently trading near the lows of this range.
CZR has an average volume of 5170490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CZR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CZR is lagging the market.
Although the technical rating is bad, CZR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.23, a Stop Loss order could be placed below this zone.
More info and screens
25.30
43.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.05 to 27.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.17 from a trend line in the daily time frame.
- A support zone ranging from 25.56 to 25.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.70 to 31.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.11 from a trend line in the weekly time frame.
- Resistance @37.47 from a trend line in the daily time frame.
- Resistance @42.60 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 | NEUTRAL | NEUTRAL | The long term trend for CZR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CZR is neutral. |
| ChartMill Relative Strength | 17.14 | NEGATIVE | CZR has a low relative strength, it was outperformed by 82.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CZR is below the rising 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) | 44.99 | NEUTRAL | The RSI value for CZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CZR has a negative trend. |
| Stochastics (14,3) | 23.15 | NEUTRAL | The Stochastics value for CZR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CZR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.65 | 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)
28.47
-0.95 (-3.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.23%
1 Week-4.94%
2 Weeks-4.56%
1 Month0.28%
3 Month2.41%
6 Month-21.03%
12 Month-20.16%
2 Year-51.76%
3 Year-37.69%
5 Year-8.31%
10 Year446.45%
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%4.09%
ATR Inc2.21%
Range Today1.22
ADR(20)1.14
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.14
Mansfield-2.2
10 Day High31.06
10 Day Low28.17
20 Day High31.58
20 Day Low28.17
52 Week High45.93
52 Week Low21.4
CS1 End27.23
CR1 Start30.7
Volume & EV
DER(3)-0.13%
DER(5)1.04%
Volume9.31M
Volume Incr16.64%
Vol(5)6.03M
Vol(50)5.17M