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Codere Online Luxembourg, S.A.

CDRO•NASDAQ
Consumer Cyclical
Gambling, Resorts & Casinos
$7.90
$-0.14(-1.74%)
U.S. Market opens in 3h 45m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.32)
Trend Strength:Moderate (ADX: 25.21)
Volatility:Medium (ATR: 0.30)
Support/Resistance:$7.74 – $8.14 (Bollinger Bands)

This mix signals that Codere Online Luxembourg, S.A. is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 53.32

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.03

Bearish
Overbought levels may trigger pullback.

Williams %R: -13.40

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Codere Online Luxembourg, S.A. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.21

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.30

Low
Low volatility, stable price action.

CCI (14): 89.18

Bullish
Bullish, momentum building upward.

Takeaway:Codere Online Luxembourg, S.A. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.14
Middle Band (SMA 20)
$7.94
Lower Band
$7.74
Current Position
Within Bands

Takeaway:Codere Online Luxembourg, S.A. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$8.51
Middle Line (EMA 20)
$7.92
Lower Channel
$7.33
Squeeze Status
Squeeze On

Takeaway:Codere Online Luxembourg, S.A. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume558.00
Money Flow Index45.27Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.40Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CDRO shows neutral money flow, with no clear directional pressure.

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.

ADX above 20 → strong underlying trend.

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