Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
Codere Online Luxembourg, S.A. (NASDAQ:CDRO)
Long-Term Uptrend (+90) - CDRO is in a strong uptrend that is likely to continue. While CDRO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since May 22nd, 2023 at 3.4244
The intermediate-term trend has been UP since May 11th, 2023 at 3.1400
The short-term trend has been UP since May 22nd, 2023 at 3.1200
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).
|52wk High||3.95||52wk High Date||2023-05-25|
|52wk Low||1.8||52wk Low Date||2022-07-29|