Technical Analysis for ERI - Eldorado Resorts, Inc.

Grade Last Price % Change Price Change
grade A 42.94 0.59% 0.25
ERI closed up 0.59 percent on Thursday, January 17, 2019, on 78 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical ERI trend table...

Date Alert Name Type % Chg
Jan 17 200 DMA Support Bullish 0.00%
Jan 17 Outside Day Range Expansion 0.00%
Jan 17 Wide Bands Range Expansion 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 16 Crossed Above 200 DMA Bullish 0.59%
Jan 16 Wide Bands Range Expansion 0.59%
Jan 16 Overbought Stochastic Strength 0.59%
Jan 15 Fell Below 200 DMA Bearish 2.14%
Jan 15 Wide Bands Range Expansion 2.14%
Jan 15 Overbought Stochastic Strength 2.14%

Older signals for ERI ...

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Profile
Eldorado Resorts, Inc., a gaming and hospitality company, owns and operates gaming facilities in Louisiana, Nevada, Ohio, Pennsylvania, and West Virginia. It owns and operates Eldorado resort casino, a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino situated on the Red River in Shreveport, Louisiana; Eldorado Hotel and Casino, a 814-room hotel, casino, and entertainment facility located in downtown Reno, Nevada; and Silver Legacy resort casino, a 1,711-room themed hotel and casino located adjacent to Eldorado Reno. The company also owns and operates Mountaineer Casino, Racetrack and Resort, a 354-room resort with a casino and live thoroughbred horse racing located on the Ohio River at the northern tip of West Virginia's northwestern panhandle; Presque Isle Downs and Casino, a casino and live thoroughbred horse racing facility with slot machines, table games, and poker located in Erie, Pennsylvania; and Scioto Downs, a live thoroughbred horse racing facility with video lottery terminals located in Columbus, Ohio. As of December 31, 2014, it owned or operated 431,609 square feet of casino space, containing 7,829 slot machines, 240 table games, 2,150 VLTs, and 3,282 hotel rooms. Eldorado Resorts, Inc. was founded in 1973 and is based in Reno, Nevada.
Is ERI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 50.64
52 Week Low 29.16
Average Volume 1,190,190
200-Day Moving Average 42.1704
50-Day Moving Average 38.3378
20-Day Moving Average 38.6645
10-Day Moving Average 41.984
Average True Range 1.9698
ADX 22.55
+DI 26.6947
-DI 15.502
Chandelier Exit (Long, 3 ATRs ) 37.4306
Chandelier Exit (Short, 3 ATRs ) 37.7744
Upper Bollinger Band 45.8208
Lower Bollinger Band 31.5082
Percent B (%b) 0.8
BandWidth 37.017419
MACD Line 1.3837
MACD Signal Line 0.8433
MACD Histogram 0.5404
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.99
Resistance 3 (R3) 45.77 44.53 45.48
Resistance 2 (R2) 44.53 43.76 44.64 45.31
Resistance 1 (R1) 43.74 43.28 44.14 43.96 45.14
Pivot Point 42.50 42.50 42.70 42.61 42.50
Support 1 (S1) 41.71 41.73 42.11 41.93 40.74
Support 2 (S2) 40.47 41.25 40.58 40.57
Support 3 (S3) 39.68 40.47 40.40
Support 4 (S4) 39.90