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CODERE ONLINE LUXEMBOURG SA (CDRO) Stock Technical Analysis

NASDAQ:CDRO - Nasdaq - LU2405144788 - Common Stock - Currency: USD

7.16  -0.09 (-1.24%)

Technical Rating and Analysis

5

Overall CDRO gets a technical rating of 5 out of 10. Although CDRO has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CDRO is part of the Hotels, Restaurants & Leisure industry. There are 136 other stocks in this industry. CDRO outperforms 78% of them.
In the last month CDRO has a been trading in the 5.75 - 7.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CDRO is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CDRO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
CODERE ONLINE LUXEMBOURG SA / CDRO Weekly stock chart
CODERE ONLINE LUXEMBOURG SA / CDRO Daily stock chart
Setup Rating and Analysis

8

CDRO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CDRO in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

6.01

8.77

5 important support areas can be observed.

  • A support zone ranging from 6.92 to 7.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @6.50 from a trend line in the weekly time frame.
  • A support zone ranging from 6.31 to 6.32. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @6.17 from a horizontal line in the daily time frame.
  • Support @6.07 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 7.16 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.29 from a horizontal line in the weekly time frame.
  • Resistance @8.50 from a horizontal line in the daily time frame.
  • Resistance @8.68 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.71
Mansfield-0.17
10 Day High7.49
10 Day Low6.14
20 Day High7.6
20 Day Low5.75
52 Week High8.76
52 Week Low5.75
Performance
1 Week1.27%
2 Weeks7.99%
1 Month-2.45%
3 Month8.48%
6 Month-10.61%
12 Month5.6%
2 Year156.34%
3 Year50.26%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)52.91
LBB6.1
UBB7.52
CODERE ONLINE LUXEMBOURG SA / CDRO Daily stock chart

CODERE ONLINE LUXEMBOURG SA

NASDAQ:CDRO (4/24/2025, 4:01:02 PM)

7.16

-0.09 (-1.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.24%
1 Week1.27%
2 Weeks7.99%
1 Month-2.45%
3 Month8.48%
6 Month-10.61%
12 Month5.6%
2 Year156.34%
3 Year50.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%7.91%
ATR Inc-36.66%
Range Today0.37
ADR(20)0.54
ADR(20)%7.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.71
Mansfield-0.17
10 Day High7.49
10 Day Low6.14
20 Day High7.6
20 Day Low5.75
52 Week High8.76
52 Week Low5.75
CS1 End7.03
CR1 Start7.16
Volume & EV
DER(3)4.96%
DER(5)-0.5%
Volume16.30K
Volume Incr17.81%
Vol(5)27.12K
Vol(50)39.92K