MONARCH CASINO & RESORT INC (MCRI) Stock Technical Analysis
NASDAQ:MCRI - US6090271072 - Common Stock
104.99 USD
+2.62 (+2.56%)
104.99 USD
0 (0%)
We assign a technical rating of 10 out of 10 to MCRI. Both in the recent history as in the last year, MCRI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MCRI is one of the better performing stocks in the market, outperforming 88% of all stocks.
MCRI is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 77% of 131 stocks in the same industry.
MCRI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MCRI is lagging the market slightly.
In the last month MCRI has a been trading in the 95.47 - 105.72 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although MCRI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
75.89
106.04
When analyzing the support we can see 5 important areas.
- A support zone ranging from 100.94 to 101.73. 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 96.63 to 96.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.56 from a trend line in the daily time frame.
- A support zone ranging from 82.87 to 83.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @76.66 from a trend line in the weekly 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 MCRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCRI is up. |
| ChartMill Relative Strength | 88.21 | POSITIVE | MCRI has a high relative strength, it outperformed 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.27 | NEUTRAL | The RSI value for MCRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MCRI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.89 | OVERBOUGHT | The high Stochastics value suggests MCRI may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for MCRI suggests low volalility. |
| Average Directional Index/ADX (14) | 26.16 | POSITIVE | The high ADX value value for MCRI 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)
104.99
+2.62 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.56%
1 Week4.56%
2 Weeks8.46%
1 Month0.62%
3 Month28.16%
6 Month17.44%
12 Month41.42%
2 Year55.77%
3 Year73.85%
5 Year128.19%
10 Year498.23%
15 Year1002.84%
Volatility
ATR(14)2.06
ATR(20)%1.96%
ATR Inc3.55%
Range Today2.63
ADR(20)2.01
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.21
Mansfield1.4
10 Day High105.14
10 Day Low95.47
20 Day High105.72
20 Day Low95.47
52 Week High113.88
52 Week Low69.99
CS1 End101.73
CR1 StartN/A
Volume & EV
DER(3)1.88%
DER(5)-0.3%
Volume79.00K
Volume Incr-50.31%
Vol(5)62.42K
Vol(50)130.81K