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Codere Online Luxembourg, S.A.

CDRO•NASDAQ
Consumer Cyclical
Gambling, Resorts & Casinos
$8.39
$-0.10(-1.24%)
U.S. Market is Open • 12:47

Codere Online Luxembourg, S.A. (CDRO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Codere Online Luxembourg, S.A. (NASDAQ:CDRO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CDRO Technical Analysis Summary

Codere Online Luxembourg, S.A. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 66.03)
Trend Strength:Weak (ADX: 19.65)
Volatility:Medium (ATR: 0.27)
Support/Resistance:$7.86 – $8.62 (Bollinger Bands)

Technical conditions suggest Codere Online Luxembourg, S.A. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 66.03

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.54

Bullish
Buying momentum building without extremes.

Williams %R: -28.09

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.19

Strongly Bullish
Strong upside momentum.

Takeaway:Codere Online Luxembourg, S.A. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.13

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.65

Weak
Weak trend, market trading sideways.

ATR (14): 0.27

Low
Low volatility, stable price action.

CCI (14): 90.93

Bullish
Bullish, momentum building upward.

Takeaway:Codere Online Luxembourg, S.A. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.62
Middle Band (SMA 20)
$8.24
Lower Band
$7.86
Current Position
Within Bands

Takeaway:Codere Online Luxembourg, S.A. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$8.83
Middle Line (EMA 20)
$8.29
Lower Channel
$7.74
Squeeze Status
Squeeze On

Takeaway:Codere Online Luxembourg, S.A. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-50.55K
Money Flow Index55.76Neutral, balanced money flows with no clear signal.
Relative Vigor Index74.91Bullish, price momentum strongly favors buyers.

Overall Takeaway:CDRO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Codere Online Luxembourg, S.A., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Codere Online Luxembourg, S.A. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ