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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
$124.08
$1.29(1.05%)
U.S. Market opens in 48h 17m

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 Bullish (RSI: 52.13)
Trend Strength:Weak (ADX: 18.26)
Volatility:Medium (ATR: 3.37)
Support/Resistance:$117.91 – $126.50 (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): 52.13

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 51.33

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.77

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.10

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.31

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.26

Weak
Weak trend, market trading sideways.

ATR (14): 3.37

Medium
Medium volatility, healthy price movement.

CCI (14): 61.16

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
$126.50
Middle Band (SMA 20)
$122.20
Lower Band
$117.91
Current Position
Within Bands

Takeaway:Monarch Casino & Resort, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$129.97
Middle Line (EMA 20)
$123.24
Lower Channel
$116.51
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 Volume1.42M
Money Flow Index53.99Neutral, balanced money flows with no clear signal.
Relative Vigor Index70.75Bullish, 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

RSI above 50 → positive momentum from buyers.

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