CDRO Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Codere Online Luxembourg SA (CDRO) Moving Averages Convergence Divergence (MACD) indicator is 0.164, suggesting CDRO is Strong Buy.

Codere Online Luxembourg SA (CDRO) 20-Day simple moving average is 8.448, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it Buy.

Codere Online Luxembourg SA (CDRO) 60-Day simple moving average is 8.139, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it Buy.

Technical Analysis for CDRO

Technical Sentiment Analysis for Codere Online Luxembourg SA (CDRO) As of 2026-04-16, Codere Online Luxembourg SA (CDRO) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CDRO stands at 74.204, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.164, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 90.753 and the Commodity Channel Index (CCI) at 194.427 further confirm a 0.415 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CDRO is trading above its 60-day moving average of $8.139 and above its 200-day long-term moving average of $7.666. Key price levels to watch include the immediate resistance at $8.887 and strong support at $8.269. A break above $8.887 could signal a bull continuation, while falling below $8.269 may test the next Fibonacci floor at $7.971.

Codere Online Luxembourg SA (CDRO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	7.652	7.971	8.269	8.588	8.887	9.206	9.504
Fibonacci	7.971	8.207	8.352	8.588	8.824	8.97	9.206

Codere Online Luxembourg SA (CDRO) Technical Indicators

2026-04-16

Name	Value
RSI_14	74.204
STOCHk_14_3_3	90.753
STOCHd_14_3_3	84.544
CCI_20	194.427
AO_5_34	0.403
MOM_10	0.415
MACD_12_26_9	0.164

Codere Online Luxembourg SA (CDRO) Relative Strength Index (RSI) is 74.204, creating a Sell signal.

Codere Online Luxembourg SA (CDRO) Stochastic Oscillator is 90.753, creating a Sell signal.

Codere Online Luxembourg SA (CDRO) Stochastic RSI is 84.544, creating a Sell signal.

Codere Online Luxembourg SA (CDRO) Commodity Channel Index (CCI) is 194.427, creating a Sell signal.

Codere Online Luxembourg SA (CDRO) Awesome Oscillator is 0.403, creating a Buy signal.

Codere Online Luxembourg SA (CDRO) Momentum is 0.415, creating a Buy signal.

Codere Online Luxembourg SA (CDRO) MACD is 0.164, creating a Buy signal.

Codere Online Luxembourg SA (CDRO) Moving Average

2026-04-16

Period	Simple	Signal
MA_5	8.687	Buy
MA_10	8.568	Buy
MA_20	8.448	Buy
MA_60	8.139	Buy
MA_200	7.666	Buy
MA_250	7.652	Buy

Codere Online Luxembourg SA (CDRO) 5-Day simple moving average is 8.687, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it a Buy.

Codere Online Luxembourg SA (CDRO) 10-Day simple moving average is 8.568, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it a Buy.

Codere Online Luxembourg SA (CDRO) 20-Day simple moving average is 8.448, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it a Buy.

Codere Online Luxembourg SA (CDRO) 60-Day simple moving average is 8.139, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it a Buy.

Codere Online Luxembourg SA (CDRO) 200-Day simple moving average is 7.666, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it a Buy.

Codere Online Luxembourg SA (CDRO) 250-Day simple moving average is 7.652, while Codere Online Luxembourg SA (CDRO) share price is $8.88, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for CDRO?

The overall technical consensus for Codere Online Luxembourg SA (CDRO) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 sell signals.

What are the key support and resistance levels for Codere Online Luxembourg SA (CDRO) today?

Based on pivot point calculations, Codere Online Luxembourg SA (CDRO) has an immediate support level at 8.269 and a major resistance level at 8.887. Traders also monitor the pivot point at 8.588 to determine the intraday trend direction.

Is Codere Online Luxembourg SA (CDRO) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Codere Online Luxembourg SA (CDRO) is currently 74.204. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Codere Online Luxembourg SA (CDRO)?

Codere Online Luxembourg SA (CDRO) Moving Averages Convergence Divergence (MACD) indicator is 0.164, suggesting CDRO is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Codere Online Luxembourg SA.

How is Codere Online Luxembourg SA (CDRO) performing relative to its 200-day moving average?

Codere Online Luxembourg SA (CDRO) is currently trading at $8.88, which is above its 200-day simple moving average of 7.666. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.