GOLDEN ENTERTAINMENT INC (GDEN) Stock Technical Analysis
NASDAQ:GDEN - US3810131017 - Common Stock
24.8 USD
+0.15 (+0.61%)
24.8 USD
0 (0%)
Overall GDEN gets a technical rating of 0 out of 10. GDEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GDEN is a bad performer in the overall market: 88% of all stocks are doing better.
GDEN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 70% of 134 stocks in the same industry do better.
GDEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GDEN has a been trading in the 23.95 - 26.43 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GDEN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
23.91
33.60
When analyzing the support we can see 2 important areas.
- Support @24.60 from a horizontal line in the weekly time frame.
- Support @24.15 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.90 to 25.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.03 to 32.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.27 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 | DOWN | NEGATIVE | The long term trend for GDEN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDEN is down. |
| ChartMill Relative Strength | 12.24 | NEGATIVE | GDEN has a low relative strength, it was outperformed by 87.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GDEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GDEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GDEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.85 | NEUTRAL | The RSI value for GDEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GDEN has a positive trend. |
| Stochastics (14,3) | 31.19 | NEUTRAL | The Stochastics value for GDEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for GDEN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.22 | POSITIVE | The high ADX value value for GDEN suggests a strong 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)
24.8
+0.15 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.61%
1 Week-1.78%
2 Weeks1.81%
1 Month-7.32%
3 Month-8.42%
6 Month-13.53%
12 Month-22.6%
2 Year-27.44%
3 Year-28.92%
5 Year79.32%
10 Year174.34%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.13%
ATR Inc-10.18%
Range Today0.62
ADR(20)0.73
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.24
Mansfield-2.34
10 Day High25.82
10 Day Low23.95
20 Day High26.43
20 Day Low23.95
52 Week High35.49
52 Week Low22.66
CS1 End24.6
CR1 Start24.9
Volume & EV
DER(3)0.22%
DER(5)-1.17%
Volume158.90K
Volume Incr-36.93%
Vol(5)142.22K
Vol(50)201.43K