Stock Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
Codere Online Luxembourg, S.A. (NASDAQ:CDRO)
Bull Market Weakness (+75) - CDRO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CDRO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CDRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDRO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CDRO
The long-term trend has been DOWN since Dec 3rd, 2021 at 8.200
The intermediate-term trend has been UP since Jan 5th, 2022 at 7.299
The short-term trend has been UP since Jan 26th, 2022 at 7.220
Smart Scan Analysis for CDRO
Based on our trend formula, CDRO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.076||52wk High Date||2021-12-01|
|52wk Low||5.64||52wk Low Date||2021-12-20|