The Hourly View for CZR
At the moment, CZR (Get Ratings)’s price is down $-2.3 (-2.56%) from the hour prior. CZR has seen its price go down 8 out of the past 10 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
CZR ranks 63rd in terms of today’s price percentage change out of Restaraunts Hotels Motels stocks.
CZR’s Technical Outlook on the Daily Chart
At the moment, CZR’s price is down $-2.18 (-2.43%) from the day prior. CZR has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Caesars Entertainment Inc’s price action over the past 90 days can be seen via the chart below.
CZR: Daily RSI Analysis
For CZR News Traders
News traders keeping an eye on CZR may find value in this recent story:
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