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Churchill Downs Incorporated

CHDN Technical Analysis Summary (NASDAQ)

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

CHDN●NASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$94.83
$3.67(4.03%)
U.S. Market opens in 55h 27m

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

CHDN Technical Analysis Summary (NASDAQ)

Churchill Downs Incorporated (NASDAQ: CHDN) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 72.12)
Trend Strength:Moderate (ADX: 20.28)
Volatility:Medium (ATR: 3.29)
Support/Resistance:$73.29 – $90.66 (Bollinger Bands)

Technical conditions suggest Churchill Downs Incorporated on the NASDAQ is awaiting a decisive move. Overall, Churchill Downs Incorporated remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 72.12

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 75.33

Bullish
Buying momentum building without extremes.

Williams %R: -7.70

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 16.24

Strongly Bullish
Strong upside momentum.

Takeaway:Churchill Downs Incorporated shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.93

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.29

Medium
Medium volatility, healthy price movement.

CCI (14): 266.81

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Churchill Downs Incorporated shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$90.66
Middle Band (SMA 20)
$81.97
Lower Band
$73.29
Current Position
Above Upper Band

Takeaway:Churchill Downs Incorporated trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$90.09
Middle Line (EMA 20)
$83.51
Lower Channel
$76.93
Squeeze Status
No Squeeze

Takeaway:Churchill Downs Incorporated trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume7.87M
Money Flow Index66.20Bullish, inflows support continued momentum.
Relative Vigor Index75.68Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Churchill Downs Incorporated (NASDAQ: CHDN), 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.

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

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Churchill Downs Incorporated currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: CHDN) Technical Analysis FAQ