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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
$9.31
$0.14(1.48%)
U.S. Market opens in 4h 25m

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: 47.28)
Trend Strength:Weak (ADX: 17.70)
Volatility:Medium (ATR: 0.35)
Support/Resistance:$8.92 – $10.00 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 47.28

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 43.88

Neutral
Mid-range signal with no clear trend.

Williams %R: -65.47

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.23

Bearish
Selling pressure outweighs buying.

Takeaway:Codere Online Luxembourg, S.A. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.70

Weak
Weak trend, market trading sideways.

ATR (14): 0.35

Low
Low volatility, stable price action.

CCI (14): -71.95

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.00
Middle Band (SMA 20)
$9.46
Lower Band
$8.92
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$10.14
Middle Line (EMA 20)
$9.44
Lower Channel
$8.74
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 Volume23.70K
Money Flow Index43.86Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.75Bearish, price momentum favors sellers.

Overall Takeaway:CDRO shows mixed signals in money flow analysis.

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

MACD above 0 → bullish trend confirmation.

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

(NASDAQ: CDRO) Technical Analysis FAQ