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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

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

Sidelines Mode (-55) - MCRI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
69.58 69.58 68.76 68.85 -1.10
Entry Signal

MarketClub’s Trade Triangles for MCRI

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 64.91

intermediate term up The intermediate-term trend has been UP since Jul 12th, 2024 at 69.55

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 69.35

Smart Scan Analysis for MCRI

Based on our trend formula, MCRI is rated as a -55 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
69.58 69.58 68.76 68.85 -1.10
Prev. Close Volume Bid Ask Time
69.95 92851 2024-07-24 15:59:59
Year High49.63Year High Date2018-07-25
Year Low37.05Year Low Date2018-11-20
52wk High75.452wk High Date2024-04-01
52wk Low56.2552wk Low Date2023-10-19
Year End Close10.91Average Volume97,104
Shares Outstanding18,735Short Interest149,438
% Institutional48.9Market Cap803M
P/E Ratio16.5366Beta0.87
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