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Codere Online Luxembourg, S.A.

CDRO Technical Analysis Summary (NASDAQ)

Analyze CDRO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CDRO●NASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$9.27
$0.24(2.66%)
U.S. Market opens in 53h 2m

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 (NASDAQ)

Codere Online Luxembourg, S.A. (NASDAQ: CDRO) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.03)
Trend Strength:Moderate (ADX: 25.85)
Volatility:Medium (ATR: 0.37)
Support/Resistance:$9.06 – $9.79 (Bollinger Bands)

Technical conditions suggest Codere Online Luxembourg, S.A. on the NASDAQ is awaiting a decisive move. This mix signals that Codere Online Luxembourg, S.A. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.91

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.85

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.91

Bearish
Selling pressure outweighs buying.

Takeaway:Codere Online Luxembourg, S.A. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.85

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.37

Low
Low volatility, stable price action.

CCI (14): -88.18

Bearish
Bearish, momentum remains under pressure.

Takeaway:Codere Online Luxembourg, S.A. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.79
Middle Band (SMA 20)
$9.42
Lower Band
$9.06
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$10.12
Middle Line (EMA 20)
$9.38
Lower Channel
$8.64
Squeeze Status
Squeeze On

Takeaway:Codere Online Luxembourg, S.A. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume14.21K
Money Flow Index43.37Neutral, balanced money flows with no clear signal.
Relative Vigor Index40.83Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CDRO shows balanced money flow with a slight bearish tilt.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Codere Online Luxembourg, S.A. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: CDRO) Technical Analysis FAQ