MONARCH CASINO & RESORT INC (MCRI)

US6090271072 - Common Stock

67.6  +0.49 (+0.73%)

After market: 67.6 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MCRI. MCRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

68% of all other stocks performed better in the past year than MCRI.
In the last month MCRI has a been trading in the 64.50 - 70.02 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MCRI is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, MCRI did better than 55% of them.
MCRI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCRI is lagging the market.
Weekly and Daily overview Charts
MCRI Weekly chart
MCRI Daily chart
Setup Rating and Analysis

7

MCRI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for MCRI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

58.44

76.38

We found 3 important support areas.

  • Support @65.12 from a horizontal line in the daily time frame.
  • Support @61.31 from a trend line in the weekly time frame.
  • Support @59.03 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 67.85 to 69.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 74.17 to 75.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.09
Mansfield-1.19
10 Day High69.61
10 Day Low66.6
20 Day High70.02
20 Day Low64.5
52 Week High75.4
52 Week Low56.25
Performance
1 Week-1.7%
2 Weeks-1.27%
1 Month-2.83%
3 Month-0.63%
6 Month4.99%
12 Month-0.1%
2 Year-0.37%
3 Year-5.27%
5 Year57.1%
10 Year312.95%
15 Year731.49%
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)41.88
LBB66.96
UBB69.53
MCRI Daily chart

MONARCH CASINO & RESORT INC

NASDAQ:MCRI (5/15/2024, 7:00:01 PM)

After market: 67.6 0 (0%)

67.6

+0.49 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.73%
1 Week-1.7%
2 Weeks-1.27%
1 Month-2.83%
3 Month-0.63%
6 Month4.99%
12 Month-0.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.28
ATR(20)%2.24%
ATR Inc
Range Today0.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High69.61
10 Day Low66.6
20 Day High70.02
20 Day Low64.5
52 Week High75.4
52 Week Low56.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume132.30K
Volume Incr49.38%
Vol(5)149.04K
Vol(50)126.75K