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Monarch Casino & Resort, Inc.

MCRI Technical Analysis Summary (NASDAQ)

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

MCRI●NASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$119.23
$1.06(0.90%)
U.S. Market opens in 4h 24m

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

MCRI Technical Analysis Summary (NASDAQ)

Monarch Casino & Resort, Inc. (NASDAQ: MCRI) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.07)
Trend Strength:Weak (ADX: 19.18)
Volatility:Medium (ATR: 2.61)
Support/Resistance:$114.31 – $124.11 (Bollinger Bands)

Technical conditions suggest Monarch Casino & Resort, Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Monarch Casino & Resort, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.07

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.84

Bearish
Momentum remains weak below midpoint.

Williams %R: -64.71

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.75

Bearish
Selling pressure outweighs buying.

Takeaway:Monarch Casino & Resort, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.18

Weak
Weak trend, market trading sideways.

ATR (14): 2.61

Medium
Medium volatility, healthy price movement.

CCI (14): 28.62

Bullish
Bullish, momentum building upward.

Takeaway:Monarch Casino & Resort, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$124.11
Middle Band (SMA 20)
$119.21
Lower Band
$114.31
Current Position
Within Bands

Takeaway:Monarch Casino & Resort, Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$124.00
Middle Line (EMA 20)
$118.78
Lower Channel
$113.56
Squeeze Status
Squeeze On

Takeaway:Monarch Casino & Resort, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-650.36K
Money Flow Index46.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.03Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Monarch Casino & Resort, Inc. (NASDAQ: MCRI), here are the key trading signals and recommendations:

Bullish Signals

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Monarch Casino & Resort, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MCRI) Technical Analysis FAQ