GOLDEN ENTERTAINMENT INC (GDEN) Stock Technical Analysis
NASDAQ:GDEN • US3810131017
We assign a technical rating of 7 out of 10 to GDEN. Although GDEN is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 74% of all other stocks performed better in the past year than GDEN.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month GDEN has a been trading in the 26.70 - 29.41 range, which is quite wide. It is currently trading near the high of this range.
- GDEN is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, GDEN did better than 56% of them.
- GDEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDEN is lagging the market.
Although GDEN has an excellent technical rating, the quality of the presented setup is not ideal 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
26.43
We found 3 important support areas.
- A support zone ranging from 28.62 to 28.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.72 to 28.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.70 to 26.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.99 to 29.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.02 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GDEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDEN is up. |
| ChartMill Relative Strength | 26.12 | NEGATIVE | GDEN has a low relative strength, it was outperformed by 73.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.41 | NEUTRAL | The RSI value for GDEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GDEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.36 | OVERBOUGHT | The high Stochastics value suggests GDEN may be overbought. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for GDEN suggests low volalility. |
| Average Directional Index/ADX (14) | 28.26 | POSITIVE | The high ADX value value for GDEN suggests a strong trend. |
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 |
|---|---|---|---|
| 29.40 | 28.61 | 0.79 (2.69%) | 25.00% |
| An entry @29.40. This is a Buy Stop order right above the resistance zone. | An exit @28.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.79 points, which is 2.69%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:GDEN (2/26/2026, 12:23:59 PM)
28.93
-0.12 (-0.41%)
GOLDEN ENTERTAINMENT INC / GDEN FAQ
Can you provide the ChartMill technical rating for GOLDEN ENTERTAINMENT INC?
ChartMill assigns a technical rating of 7 / 10 to GDEN.
What is the trend direction for GDEN stock?
The current trend direction for GOLDEN ENTERTAINMENT INC (GDEN) is Bullish.
Can you provide the RSI signal for GOLDEN ENTERTAINMENT INC?
GOLDEN ENTERTAINMENT INC (GDEN) has an RSI value of 67.4115. This indicates that the stock is currently neutral.
What is the buy/sell signal for GOLDEN ENTERTAINMENT INC (GDEN) stock?
The buy/sell signal for GOLDEN ENTERTAINMENT INC (GDEN) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GDEN stock?
GOLDEN ENTERTAINMENT INC (GDEN) has a support level at 28.99 and a resistance level at 29.09. Check the full technical report for our detailed analysis of GDEN support and resistance levels.