Eldorado Resorts (ERI) Stock Technical Analysis
NASDAQ:ERI - Nasdaq -
We assign a technical rating of 5 out of 10 to ERI. Although ERI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ERI has a been trading in the 34.67 - 44.57 range, which is quite wide. It is currently trading near the lows of this range.
ERI has an average volume of 9005250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ERI is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ERI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERI is lagging the market.
ERI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
35.70
45.26
We found 2 important support areas.
- Support @37.99 from a horizontal line in the daily time frame.
- A support zone ranging from 36.06 to 36.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- Resistance @41.22 from a trend line in the daily time frame.
- Resistance @42.04 from a horizontal line in the daily time frame.
- Resistance @43.78 from a horizontal line in the weekly time frame.
- Resistance @44.81 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.16
Mansfield-1.21
10 Day High42.65
10 Day Low34.67
20 Day High44.57
20 Day Low34.67
52 Week High70.74
52 Week Low6.02
Performance
1 Week-1.95%
2 Weeks-3.26%
1 Month-8.97%
3 Month114.59%
6 Month-35.41%
12 Month-16.56%
2 YearN/A
3 YearN/A
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)-0.51
RSI(14)48.47
LBB37.52
UBB42.29
38.24
+0.24 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week-1.95%
2 Weeks-3.26%
1 Month-8.97%
3 Month114.59%
6 Month-35.41%
12 Month-16.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.95
ATR(20)%8.58%
ATR Inc-7.01%
Range Today3.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.16
Mansfield-1.21
10 Day High42.65
10 Day Low34.67
20 Day High44.57
20 Day Low34.67
52 Week High70.74
52 Week Low6.02
CS1 End37.99
CR1 Start41.22
Volume & EV
DER(3)-1.06%
DER(5)0.34%
Volume15.50M
Volume Incr40.59%
Vol(5)11.58M
Vol(50)9.01M