Technical Analysis for MCRI - Monarch Casino & Resort, Inc.

Grade Last Price % Change Price Change
D 62.10 -1.04% -0.65
MCRI closed down 1.04 percent on Friday, September 29, 2023, on 89 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Oct 17
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Reversal New Lows Setup Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Inside Day Range Contraction -1.04%
Oversold Stochastic Weakness -1.04%
Shooting Star Candlestick Bearish -0.59%
Slingshot Bearish Bearish Swing Setup -0.59%
Doji - Bearish? Reversal -0.59%
Oversold Stochastic Weakness -0.59%
Down 3 Days in a Row Weakness -0.19%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 8 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
Outside Day about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago
Reversed from Up about 10 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Monarch Casino & Resort, Inc. Description

Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada and Riviera Black Hawk Casino in Black Hawk, Colorado. Its Atlantis Casino Resort Spa features approximately 61,000 square feet of casino space; 824 guest rooms and suites; 8 food outlets; 2 espresso and pastry bars; a 30,000 square foot health spa and salon with an enclosed year-round pool; 2 retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention, and meeting room space. The company's Atlantis Casino Resort Spa also features approximately 1,450 slot and video poker machines; approximately 38 table games, including blackjack, craps, roulette, and others; a race and sports book; a 24-hour live keno lounge; and a poker room. Its Riviera Black Hawk Casino features approximately 32,000 square feet of casino space, 750 slot machines, 10 table games, a 250 seat buffet-style restaurant, a snack bar, and a parking structure with approximately 500 spaces. Monarch Casino & Resort, Inc. was founded in 1972 and is based in Reno, Nevada.


Classification

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Keywords: Clothing Games Retail Outlets Casino Hotel Slot Machine Table Game Poker Food Outlets Tourist Attractions

Is MCRI 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 79.4967
52 Week Low 52.1966
Average Volume 60,415
200-Day Moving Average 69.80
50-Day Moving Average 66.42
20-Day Moving Average 64.35
10-Day Moving Average 63.29
Average True Range 1.32
RSI (14) 31.51
ADX 34.32
+DI 17.33
-DI 26.64
Chandelier Exit (Long, 3 ATRs) 64.13
Chandelier Exit (Short, 3 ATRs) 65.85
Upper Bollinger Bands 67.31
Lower Bollinger Band 61.39
Percent B (%b) 0.12
BandWidth 9.21
MACD Line -1.18
MACD Signal Line -0.99
MACD Histogram -0.183
Fundamentals Value
Market Cap 1.13 Billion
Num Shares 18.3 Million
EPS 0.77
Price-to-Earnings (P/E) Ratio 80.65
Price-to-Sales 5.42
Price-to-Book 2.80
PEG Ratio 1.89
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 65.51
Resistance 3 (R3) 65.82 64.99 64.94
Resistance 2 (R2) 64.99 64.12 64.83 64.75
Resistance 1 (R1) 63.54 63.58 63.13 63.24 64.56
Pivot Point 62.71 62.71 62.50 62.56 62.71
Support 1 (S1) 61.27 61.84 60.85 60.96 59.64
Support 2 (S2) 60.44 61.31 60.28 59.45
Support 3 (S3) 58.99 60.44 59.26
Support 4 (S4) 58.69