Technical Analysis for ERI - Eldorado Resorts, Inc.

Grade Last Price % Change Price Change
grade F 10.16 -4.78% -0.51
ERI closed down 4.78 percent on Friday, April 3, 2020, on 1.34 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Down Down
Historical ERI trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Narrow Range Bar Range Contraction -4.78%
NR7 Range Contraction -4.78%
Wide Bands Range Expansion -4.78%
Wide Bands Range Expansion -13.09%

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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.
Entertainment Casino Eldorado Resorts Churchill Downs Incorporated Eldorado Resort Casino

Is ERI 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 70.74
52 Week Low 6.02
Average Volume 5,084,825
200-Day Moving Average 45.73
50-Day Moving Average 40.82
20-Day Moving Average 14.73
10-Day Moving Average 13.31
Average True Range 3.93
ADX 51.62
+DI 16.66
-DI 38.17
Chandelier Exit (Long, 3 ATRs ) 28.40
Chandelier Exit (Short, 3 ATRs ) 17.82
Upper Bollinger Band 26.56
Lower Bollinger Band 2.90
Percent B (%b) 0.31
BandWidth 160.62
MACD Line -8.23
MACD Signal Line -9.51
MACD Histogram 1.2795
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.47
Resistance 3 (R3) 12.53 11.82 12.09
Resistance 2 (R2) 11.82 11.23 11.79 11.96
Resistance 1 (R1) 10.99 10.87 10.64 10.93 11.83
Pivot Point 10.28 10.28 10.10 10.25 10.28
Support 1 (S1) 9.45 9.69 9.10 9.39 8.49
Support 2 (S2) 8.74 9.33 8.71 8.36
Support 3 (S3) 7.91 8.74 8.24
Support 4 (S4) 7.85