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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.

CHDNNASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$83.60
$0.26(0.31%)
U.S. Market opens in 10h 39m

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 neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.56)
Trend Strength:Weak (ADX: 13.19)
Volatility:Medium (ATR: 2.70)
Support/Resistance:$82.02 – $94.10 (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): 41.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.81

Bullish
Oversold zone signals rebound potential.

Williams %R: -82.15

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.76

Strongly Bearish
Sharp downside momentum.

Takeaway:Churchill Downs Incorporated shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.19

Weak
Weak trend, market trading sideways.

ATR (14): 2.70

Medium
Medium volatility, healthy price movement.

CCI (14): -98.84

Bearish
Bearish, momentum remains under pressure.

Takeaway:Churchill Downs Incorporated shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$94.10
Middle Band (SMA 20)
$88.06
Lower Band
$82.02
Current Position
Within Bands

Takeaway:Churchill Downs Incorporated trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$92.14
Middle Line (EMA 20)
$86.74
Lower Channel
$81.35
Squeeze Status
No Squeeze

Takeaway:Churchill Downs Incorporated trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-9.34M
Money Flow Index39.48Bearish, selling pressure outweighs inflows.
Relative Vigor Index35.77Bearish, price momentum favors sellers.

Overall Takeaway:CHDN shows bearish money flow, with sellers dominating volume and vigor.

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

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 Churchill Downs Incorporated are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: CHDN) Technical Analysis FAQ