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(MCRI) Monarch Casino complete technical analysis [charts+indicators] | Buy/Sell Monarch Casino | (MCRI) share price targets

Complete technical analysis of Monarch Casino (MCRI) by charts plus indicators, forecast predictions and share price targets for Monarch Casino (MCRI)

Monarch Casino trades in USA in Consumer Services sector.

10 day averaged volume of Monarch Casino is 121209

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 67.04 67.30 67.50 67.04 0.724 times
15 Wed May 2024 67.60 67.37 67.91 67.00 1.092 times
14 Tue May 2024 67.11 67.91 67.94 66.60 1.29 times
13 Mon May 2024 67.26 68.06 68.23 66.64 1.741 times
10 Fri May 2024 67.73 68.85 69.05 67.56 1.337 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 66.7 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 68.25 as target.

Share price targets for Monarch Casino (MCRI)

Target Type Value
Downside Target 64.50
Downside Target 66.60
Upside Target 69.46
Upside Target 69.61
Upside Target 70.02
Upside Target 70.60
Upside Target 71.10
Upside Target 71.72
Upside Target 75.38
Upside Target 75.40

Intraday share price targets for Monarch Casino (MCRI)

Target Type Value
Downside Intraday Target 66.35
Downside Intraday Target 65.66
Upside Intraday Target 67.98
Upside Intraday Target 68.92
Upside Intraday Target 67.29

Weekly technical analysis of Monarch Casino (MCRI)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 67.04 68.06 68.23 66.60 1.151 times
10 Fri May 2024 67.73 69.39 69.61 67.56 0.975 times
03 Fri May 2024 69.01 68.19 69.46 67.50 0.983 times
26 Fri Apr 2024 68.07 67.34 70.02 67.34 0.97 times
19 Fri Apr 2024 67.34 70.70 71.72 64.50 1.694 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Monarch Casino (MCRI)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 67.04 67.82 69.61 66.60 0.686 times
30 Tue Apr 2024 67.77 75.40 75.40 64.50 0.616 times
28 Thu Mar 2024 74.99 70.50 75.38 67.80 1.462 times
29 Thu Feb 2024 70.35 69.46 71.10 67.28 1.232 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Monarch Casino (MCRI)

Indicator Name Indicator Value Indicator Signal
ADX 11, 23, 35 Sell
MACD -1, -1Sell
Stochastics 22Sell
CCI -94Sell
RSI 49Sell
OBV -346616Sell
VWAP 68Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Monarch Casino ( (MCRI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Monarch Casino ( (MCRI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Monarch Casino ( (MCRI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Monarch Casino ( (MCRI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Monarch Casino stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Monarch Casino in short term and the sell signal is strong.

Monarch Casino Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Monarch Casino in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Monarch Casino is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.94 and Monarch Casino (MCRI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Monarch Casino (MCRI) stock. Volume based technical analysis of Monarch Casino (MCRI) stock is negative.

Monarch Casino Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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