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Stock Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

Monarch Casino & Resort, Inc. (NASDAQ:MCRI)

Bull Market Weakness (+75) - MCRI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCRI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MCRI?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCRI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MCRI Price Change
64.490 64.500 63.520 63.975 -0.665
Entry Signal

MarketClub’s Trade Triangles for MCRI

long term down The long-term trend has been DOWN since May 26th, 2022 at 61.80

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 61.97

short term up The short-term trend has been UP since Jul 15th, 2022 at 57.75

Smart Scan Analysis for MCRI

Based on our trend formula, MCRI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MCRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.490 64.500 63.520 63.975 -0.665
Prev. Close Volume Bid Ask Time
64.640 13257 2022-08-09 13:05:02
Year High49.63Year High Date2018-07-25
Year Low37.05Year Low Date2018-11-20
52wk High94.2652wk High Date2022-04-20
52wk Low54.0152wk Low Date2022-07-14
Year End Close10.91Average Volume70,937
Shares Outstanding18,888Short Interest149,438
% Institutional48.9Market Cap803M
P/E Ratio16.0796Beta0.87
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