NASDAQ:CDRO - Nasdaq - LU2405144788 - Common Stock - Currency: USD
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.
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.
6.01
5 important support areas can be observed.
We can see 4 important resistance areas.
NASDAQ:CDRO (4/24/2025, 4:01:02 PM)
7.16
-0.09 (-1.24%)