GOLDEN ENTERTAINMENT INC (GDEN) Technical Analysis
NASDAQ:GDEN • US3810131017
Current stock price
GDEN Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, GDEN is a bad performer in the overall market: 64% of all stocks are doing better.
- In the last month GDEN has a been trading in the 25.88 - 29.33 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GDEN is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, GDEN did better than 60% of them.
- GDEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GDEN is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
GDEN Weekly and Daily overview Charts
GDEN Setup Rating and Analysis
The technical rating of GDEN 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
GDEN Support and Resistance Analysis
25.64
We found 1 important support area.
- A support zone ranging from 25.90 to 25.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 27.42 to 27.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.60 to 29.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.13 from a horizontal line in the daily time frame.
GDEN Technical Indicator Signal Analysis
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 GDEN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GDEN is down. |
| ChartMill Relative Strength | 36.19 | NEUTRAL | GDEN is not amongst the best or worst performers 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) | 28.74 | OVERSOLD | The low RSI value suggests GDEN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests GDEN has a negative trend. |
| Stochastics (14,3) | 9.18 | OVERSOLD | The low Stochastics value suggests GDEN may be oversold. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GDEN suggests some volalility. |
| Average Directional Index/ADX (14) | 43.1 | POSITIVE | The high ADX value value for GDEN suggests a strong trend. |
GDEN Chart- and CandleStick Pattern Analysis
GDEN Technicals: Chart, Performance Metrics, Trend & Indicators
25.91
-0.51 (-1.93%)
GOLDEN ENTERTAINMENT INC / GDEN TA 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 trend direction for GDEN stock?
The current trend direction for GOLDEN ENTERTAINMENT INC (GDEN) is Bearish.
Can you provide the RSI signal for GOLDEN ENTERTAINMENT INC?
GOLDEN ENTERTAINMENT INC (GDEN) has an RSI value of 28.7431. This indicates that the stock is currently oversold.
What are the support and resistance levels for GOLDEN ENTERTAINMENT INC (GDEN) stock?
GOLDEN ENTERTAINMENT INC (GDEN) has a support level at 25.9 and a resistance level at 27.42. Check the full technical report for our detailed analysis of GDEN support and resistance levels.