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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Codere Online Luxembourg, S.A. (NASDAQ:CDRO)
Long-Term Downtrend (-90) - CDRO is in a strong downtrend that is likely to continue. While CDRO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for CDRO
The long-term trend has been DOWN since Nov 5th, 2024 at 7.50
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 7.25
The short-term trend has been DOWN since Nov 19th, 2024 at 7.55
Smart Scan Analysis for CDRO
Based on our trend formula, CDRO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.43 | 7.43 | 6.70 | 7.04 | -0.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.01 | 533660 | 2024-11-19 15:59:33 |
| 52wk High | 8.7593 | 52wk High Date | 2024-10-09 |
| 52wk Low | 2.9 | 52wk Low Date | 2024-01-02 |
| Average Volume | 55,553 | Assets | 11,985,000M |
| Liabilities | 20,065,000M |