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 0.146, suggesting CDRO is Strong Buy.

Codere Online Luxembourg SA (CDRO) 20-Day simple moving average is 9.248, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it Buy.

Codere Online Luxembourg SA (CDRO) 60-Day simple moving average is 8.729, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it Buy.

Technical Analysis for CDRO

Technical Sentiment Analysis for Codere Online Luxembourg SA (CDRO) As of 2026-05-29, Codere Online Luxembourg SA (CDRO) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CDRO stands at 59.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.146, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.589 and the Commodity Channel Index (CCI) at 94.606 further confirm a 0.21 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CDRO is trading above its 60-day moving average of $8.729 and above its 200-day long-term moving average of $7.783. Key price levels to watch include the immediate resistance at $9.752 and strong support at $8.712. A break above $9.752 could signal a bull continuation, while falling below $8.712 may test the next Fibonacci floor at $8.086.

Codere Online Luxembourg SA (CDRO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	7.672	8.086	8.712	9.126	9.752	10.166	10.792
Fibonacci	8.086	8.483	8.729	9.126	9.523	9.769	10.166

Codere Online Luxembourg SA (CDRO) Technical Indicators

2026-05-29

Name	Value
RSI_14	59.97
STOCHk_14_3_3	78.589
STOCHd_14_3_3	72.362
CCI_20	94.606
AO_5_34	0.253
MOM_10	0.21
MACD_12_26_9	0.146

Codere Online Luxembourg SA (CDRO) Relative Strength Index (RSI) is 59.97, creating a Neutral signal.

Codere Online Luxembourg SA (CDRO) Stochastic Oscillator is 78.589, creating a Neutral signal.

Codere Online Luxembourg SA (CDRO) Stochastic RSI is 72.362, creating a Neutral signal.

Codere Online Luxembourg SA (CDRO) Commodity Channel Index (CCI) is 94.606, creating a Neutral signal.

Codere Online Luxembourg SA (CDRO) Awesome Oscillator is 0.253, creating a Buy signal.

Codere Online Luxembourg SA (CDRO) Momentum is 0.21, creating a Buy signal.

Codere Online Luxembourg SA (CDRO) MACD is 0.146, creating a Buy signal.

Codere Online Luxembourg SA (CDRO) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	9.339	Buy
MA_10	9.339	Buy
MA_20	9.248	Buy
MA_60	8.729	Buy
MA_200	7.783	Buy
MA_250	7.842	Buy

Codere Online Luxembourg SA (CDRO) 5-Day simple moving average is 9.339, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it a Buy.

Codere Online Luxembourg SA (CDRO) 10-Day simple moving average is 9.339, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it a Buy.

Codere Online Luxembourg SA (CDRO) 20-Day simple moving average is 9.248, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it a Buy.

Codere Online Luxembourg SA (CDRO) 60-Day simple moving average is 8.729, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it a Buy.

Codere Online Luxembourg SA (CDRO) 200-Day simple moving average is 7.783, while Codere Online Luxembourg SA (CDRO) share price is $9.38, making it a Buy.

Codere Online Luxembourg SA (CDRO) 250-Day simple moving average is 7.842, while Codere Online Luxembourg SA (CDRO) share price is $9.38, 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 3 buy signals and 1 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 8.712 and a major resistance level at 9.752. Traders also monitor the pivot point at 9.126 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 59.97. This indicates that the stock is in neutral 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 0.146, 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 $9.38, which is above its 200-day simple moving average of 7.783. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.