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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
$119.54
$0.37(0.31%)
U.S. Market opens in 52h 10m

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 bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.72)
Trend Strength:Moderate (ADX: 28.68)
Volatility:Medium (ATR: 3.97)
Support/Resistance:$116.60 – $134.71 (Bollinger Bands)

Technical conditions suggest Monarch Casino & Resort, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Monarch Casino & Resort, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 39.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.55

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.90

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -5.46

Strongly Bearish
Sharp downside momentum.

Takeaway:Monarch Casino & Resort, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.65

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.68

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.97

Medium
Medium volatility, healthy price movement.

CCI (14): -77.02

Bearish
Bearish, momentum remains under pressure.

Takeaway:Monarch Casino & Resort, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$134.71
Middle Band (SMA 20)
$125.66
Lower Band
$116.60
Current Position
Within Bands

Takeaway:Monarch Casino & Resort, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$131.73
Middle Line (EMA 20)
$123.79
Lower Channel
$115.85
Squeeze Status
No Squeeze

Takeaway:Monarch Casino & Resort, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume851.83K
Money Flow Index56.62Neutral, balanced money flows with no clear signal.
Relative Vigor Index64.78Bullish, price momentum strongly favors buyers.

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

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

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.

Overall Recommendation:Monarch Casino & Resort, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: MCRI) Technical Analysis FAQ