GOLDEN ENTERTAINMENT INC (GDEN) Stock Technical Analysis
USA - NASDAQ:GDEN - US3810131017 - Common Stock
22.04 USD
-0.31 (-1.39%)
22.04 USD
0 (0%)
Overall GDEN gets a technical rating of 0 out of 10. GDEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than GDEN.
GDEN is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, of which 71% are performing better than GDEN.
GDEN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GDEN has a been trading in the 21.28 - 24.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GDEN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
21.82
33.60
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 22.41 to 22.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.13 from a horizontal line in the daily time frame.
- Resistance @24.60 from a horizontal line in the daily time frame.
- Resistance @25.30 from a horizontal line in the weekly time frame.
- Resistance @30.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 31.51 to 31.95. 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 | 9.23 | NEGATIVE | GDEN has a low relative strength, it was outperformed by 90.77% 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) | 38.04 | NEUTRAL | The RSI value for GDEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests GDEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.85 | NEUTRAL | The Stochastics value for GDEN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for GDEN suggests some volalility. |
| Average Directional Index/ADX (14) | 25.01 | 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)
22.04
-0.31 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.39%
1 Week-2.22%
2 Weeks2.8%
1 Month-4.96%
3 Month-24.88%
6 Month-16.26%
12 Month-27.69%
2 Year-29.72%
3 Year-47.8%
5 Year71.38%
10 Year135.72%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.97%
ATR Inc-24.61%
Range Today0.5
ADR(20)0.65
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.23
3 months CRS7.17
6 months CRS10.44
Mansfield-3.13
10 Day High23.13
10 Day Low21.28
20 Day High24.07
20 Day Low21.28
52 Week High35.49
52 Week Low21.28
CS1 EndN/A
CR1 Start22.41
Volume & EV
DER(3)-4.37%
DER(5)-0.54%
Volume197.10K
Volume Incr-22.47%
Vol(5)188.22K
Vol(50)203.98K
GOLDEN ENTERTAINMENT INC / GDEN FAQ
Can you provide the ChartMill technical rating for GOLDEN ENTERTAINMENT INC?
ChartMill assigns a technical rating of 0 / 10 to GDEN.
What is the current trend direction of GOLDEN ENTERTAINMENT INC (GDEN) stock?
The current trend direction for GOLDEN ENTERTAINMENT INC (GDEN) is Bearish.
What is the RSI signal for GDEN stock?
GOLDEN ENTERTAINMENT INC (GDEN) has an RSI value of 38.0422. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GOLDEN ENTERTAINMENT INC?
The short term momentum for GOLDEN ENTERTAINMENT INC (GDEN) is negative.
Can you provide the buy/sell signal for GOLDEN ENTERTAINMENT INC?
The buy/sell signal for GOLDEN ENTERTAINMENT INC (GDEN) is sell as both the short term and long term trends are negative.