MONARCH CASINO & RESORT INC (MCRI) Stock Technical Analysis
NASDAQ:MCRI - Nasdaq - US6090271072 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to MCRI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCRI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MCRI did better than 84% of all other stocks. We also observe that the gains produced by MCRI over the past year are nicely spread over this period.
MCRI is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 73% of 135 stocks in the same industry.
MCRI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MCRI is lagging the market slightly.
In the last month MCRI has a been trading in the 82.05 - 96.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although MCRI has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.22
95.41
We found 3 important support areas.
- Support @81.19 from a trend line in the daily time frame.
- A support zone ranging from 77.57 to 78.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 94.47 to 94.47. 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
CRS84.54
Mansfield1.02
10 Day High96.11
10 Day Low84.91
20 Day High96.11
20 Day Low82.05
52 Week High96.11
52 Week Low64.5
Performance
1 Week-5.06%
2 Weeks3.02%
1 Month6.59%
3 Month5.9%
6 Month20.42%
12 Month29.4%
2 Year21.43%
3 Year14.76%
5 Year89.09%
10 Year391.21%
15 Year1100%
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)0.22
RSI(14)56.09
LBB82.19
UBB96.06
89.4
-3.19 (-3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.45%
1 Week-5.06%
2 Weeks3.02%
1 Month6.59%
3 Month5.9%
6 Month20.42%
12 Month29.4%
2 Year21.43%
3 Year14.76%
5 Year89.09%
10 Year391.21%
15 Year1100%
Volatility
ATR(14)2.76
ATR(20)%2.7%
ATR Inc28.25%
Range Today4.09
ADR(20)2.29
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.54
Mansfield1.02
10 Day High96.11
10 Day Low84.91
20 Day High96.11
20 Day Low82.05
52 Week High96.11
52 Week Low64.5
CS1 End81.19
CR1 Start94.47
Volume & EV
DER(3)-0.69%
DER(5)0.02%
Volume194.80K
Volume Incr83.87%
Vol(5)165.32K
Vol(50)110.27K