Should I Buy Codere Online Luxembourg SA Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CDRO has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
CDRO stock price ended at $7.87 on Monday, after losing -1.63%
The Codere Online Luxembourg SA stock price decreased by -1.63% on the last trading day (19 May 2025), dropping from 7.89 to 7.87. Throughout the last trading session, the stock experienced a fluctuation of 2.56% , ranging from a day low of $7.82 to a day high of 8.02. The price has declined in 5 of the last 10 days, resulting in a total change of -3.20% during this period. On the last day, trading volume increase by -53.79K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 9.77K shares were traded, amounting to approximately 76.65K.
CDRO Technical Signals
CDRO(Codere Online Luxembourg SA Corp) has 3 buy signals and 3 sell signals now. The current trend is downtrend starting from 2025-04-24. The total price change during this trend is +11.73%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of CDRO over the last 5 trading days is 254.53K. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.
CDRO Moving Average Analysis
Codere Online Luxembourg SA's overall moving average trend leans more bearish as of Tuesday, May 20, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $8.47122, and $8.773. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $7.494779999999999, and $7.192999999999999. A break-down below any of these levels will issue sell signals.
CDRO Short Selling Analysis
The short sale ratio of Codere Online Luxembourg SA(CDRO) as of 12 May 2025 is 9.02%, dropping from last trading day. With decreasing price from 8.19 to 8.30. The short sell activity indicate that short sellers may be experiencing short cover.
Technical Signal
Technical Signals Summary
Sell
3
Buy
3
Moving Average
Swing
NegativeStock Price Below SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
PositiveSMA_20 Above SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
3 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.767
Bullish
Momentum (10 days)
MOM_10 > 0
0.17
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.28
Bullish
3 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
80.172
Bearish
Ultimate Oscillator (7, 14, 28)
UO_7_14_28 > 70
71.877
Bearish
Moving Average
5-day SMA crosses below 10-day SMA
--
Bearish
CDRO Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Codere Online Luxembourg SA(CDRO), our algorithm predicts CDRO's 1-month price at $7.44, with an -7.01%downwardshift. Using a similarity score up to 98.61%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Codere Online Luxembourg SA (CDRO.O) stock, as of Sunday, May 18, 2025 , forecasts a -7.01% change over the next month, based on its high correlation with CCLD.O stock patterns. The similarity between their price movements over the analyzed periods is 98.61%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
CDRO
No Data
CCLD
Down: -7.01%Similarity: 98.61%
Name
Similarity
Up/Down
CCLD.O
98.61%
-7.01%
WK.N
98.40%
+6.83%
WINA.O
98.35%
+5.49%
CINF.O
98.32%
+2.88%
NNBR.O
98.29%
+14.07%
MDWD.O
98.28%
+26.46%
GSK.N
98.27%
-2.09%
FTNT.O
98.26%
+6.75%
DPZ.N
98.25%
+3.07%
GNTX.O
98.24%
-3.57%
CDRO Seasonality Analysis
Based on CDRO's historical stock price data across all years, the probability of a positive return in May is80.00%, suggesting it maybe an ideal month to invest in CDRO. In contrast,Januaryoffers the highest probability of positive returns at100.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Codere Online Luxembourg SA (CDRO.O) stock in January has the highest probability of a positive return (100.00%), while December has the lowest probability (0.00%).
Performance Seasonality
The chart shows Codere Online Luxembourg SA. (CDRO)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
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