Technical Analysis for CDRO - Codere Online Luxembourg, S.A.

Grade Last Price % Change Price Change
B 6.84 1.49% 0.10
CDRO closed down 1.32 percent on Thursday, April 25, 2024, on 16 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 9
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 1.49%
Doji - Bullish? Reversal 1.49%
Oversold Stochastic Weakness 1.49%
Strong but Oversold Other 0.15%
Oversold Stochastic Weakness 0.15%
20 DMA Resistance Bearish -1.43%
Strong but Oversold Other -1.43%
Outside Day Range Expansion -1.43%
Gapped Up Strength -1.43%
Oversold Stochastic Weakness -1.43%

   Recent Intraday Alerts

Alert Time
50 DMA Support 17 minutes ago
Possible Inside Day 40 minutes ago
50 DMA Resistance about 1 hour ago
10 DMA Resistance about 1 hour ago
60 Minute Opening Range Breakdown about 4 hours ago

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Profile

Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile application. Codere currently operates in its core markets of Spain, Italy, Mexico, Colombia and Panama and expects to start operating in the City of Buenos Aires (Argentina) in late 2021. Codere Online’s online business is complemented by Codere Group’s physical presence throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence in the region.
Classification

Sector: Consumer Cyclical
Industry: Gambling
Keywords: Casino Online Casino Online

Is CDRO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.09
52 Week Low 2.4401
Average Volume 46,947
200-Day Moving Average 4.14
50-Day Moving Average 6.79
20-Day Moving Average 7.06
10-Day Moving Average 6.87
Average True Range 0.37
RSI (14) 46.24
ADX 22.7
+DI 14.38
-DI 12.34
Chandelier Exit (Long, 3 ATRs) 6.99
Chandelier Exit (Short, 3 ATRs) 7.75
Upper Bollinger Bands 7.58
Lower Bollinger Band 6.54
Percent B (%b) 0.19
BandWidth 14.79
MACD Line 0.03
MACD Signal Line 0.10
MACD Histogram -0.0774
Fundamentals Value
Market Cap 305.31 Million
Num Shares 45.3 Million
EPS -0.72
Price-to-Earnings (P/E) Ratio -9.36
Price-to-Sales 1.45
Price-to-Book 8.60
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.12
Resistance 3 (R3) 7.16 7.07 7.05
Resistance 2 (R2) 7.07 6.98 7.05 7.03
Resistance 1 (R1) 6.91 6.92 6.87 6.87 7.01
Pivot Point 6.82 6.82 6.80 6.80 6.82
Support 1 (S1) 6.66 6.73 6.62 6.62 6.47
Support 2 (S2) 6.57 6.67 6.55 6.45
Support 3 (S3) 6.41 6.57 6.43
Support 4 (S4) 6.37