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

Grade Last Price % Change Price Change
grade D 37.79 0.64% 0.24
MCRI closed up 0.64 percent on Tuesday, August 4, 2020, on 46 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 Down Up Up
Historical MCRI trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Crossed Above 50 DMA Bullish 0.64%
180 Bullish Setup Bullish Swing Setup 0.64%
Overbought Stochastic Strength 0.64%
Fell Below 50 DMA Bearish 4.42%
NR7 Range Contraction 4.42%
Weak + Overbought Other 4.42%
Weak, Overbought and Reversal Signs Reversal 4.42%

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Profile

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.
Retail Outlets Casinos Hotels Tourist Attractions Eldorado Resorts Food Outlets

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 57.57
52 Week Low 12.83
Average Volume 100,324
200-Day Moving Average 39.67
50-Day Moving Average 36.49
20-Day Moving Average 34.79
10-Day Moving Average 36.05
Average True Range 1.81
ADX 17.71
+DI 24.59
-DI 13.25
Chandelier Exit (Long, 3 ATRs ) 32.68
Chandelier Exit (Short, 3 ATRs ) 35.72
Upper Bollinger Band 38.58
Lower Bollinger Band 31.01
Percent B (%b) 0.9
BandWidth 21.76
MACD Line 0.60
MACD Signal Line 0.17
MACD Histogram 0.4314
Fundamentals Value
Market Cap 663.9 Million
Num Shares 17.6 Million
EPS 1.48
Price-to-Earnings (P/E) Ratio 25.53
Price-to-Sales 3.36
Price-to-Book 3.04
PEG Ratio 1.97
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.87
Resistance 3 (R3) 38.86 38.48 38.69
Resistance 2 (R2) 38.48 38.21 38.49 38.63
Resistance 1 (R1) 38.14 38.04 38.31 38.15 38.57
Pivot Point 37.76 37.76 37.85 37.77 37.76
Support 1 (S1) 37.42 37.49 37.59 37.43 37.01
Support 2 (S2) 37.04 37.32 37.05 36.95
Support 3 (S3) 36.70 37.04 36.89
Support 4 (S4) 36.71