GOLDEN ENTERTAINMENT INC (GDEN) Stock Technical Analysis
NASDAQ:GDEN - Nasdaq - US3810131017 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to GDEN. In the last year, GDEN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
76% of all other stocks performed better in the past year than GDEN.
GDEN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 67% of 135 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GDEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GDEN is lagging the market.
In the last month GDEN has a been trading in the 31.90 - 35.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GDEN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 31.11, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
28.13
34.44
We found 4 important support areas.
- Strong support @31.11 from a horizontal line in the daily time frame.
- Support @30.35 from a trend line in the weekly time frame.
- Support @29.74 from a trend line in the daily time frame.
- A support zone ranging from 28.41 to 28.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.46 to 33.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.10 to 34.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.92
Mansfield-0.57
10 Day High35.49
10 Day Low32.16
20 Day High35.49
20 Day Low31.9
52 Week High37.3
52 Week Low27.42
Performance
1 Week-4.28%
2 Weeks-0.67%
1 Month-0.89%
3 Month-4.22%
6 Month2.56%
12 Month-11.72%
2 Year-21.07%
3 Year-43%
5 Year99.32%
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)-0.03
RSI(14)45.29
LBB31.87
UBB34.2
32.45
-1.01 (-3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.02%
1 Week-4.28%
2 Weeks-0.67%
1 Month-0.89%
3 Month-4.22%
6 Month2.56%
12 Month-11.72%
2 Year-21.07%
3 Year-43%
5 Year99.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.61%
ATR Inc29.7%
Range Today1.48
ADR(20)0.84
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.92
Mansfield-0.57
10 Day High35.49
10 Day Low32.16
20 Day High35.49
20 Day Low31.9
52 Week High37.3
52 Week Low27.42
CS1 End31.11
CR1 Start32.46
Volume & EV
DER(3)-4.72%
DER(5)-6.1%
Volume170.00K
Volume Incr24.26%
Vol(5)169.44K
Vol(50)180.86K