MCRI NEWS why is Monarch Casino & Resort, Inc. price falling or rising

MCRI NEWS reasons for why stock price of Monarch Casino & Resort, Inc. is falling or rising

MCRI Monarch Casino is falling or rising technical reasons

Technical analysis forecast for Monarch Casino Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Monarch Casino MCRI at this time. Stock is falling and might fall more.

It appears as if Monarch Casino MCRI gave a large move recently.

Stock of Monarch Casino (MCRI) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Monarch Casino is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 86.7 as stoploss in an intra day buy trade for a target of 89.18. However, stock will show a bearish move below 86.7.

MCRI Monarch Casino is falling or rising NEWS fundamental reasons

More announcements and NEWS

MCRI Monarch Casino & Resort, Inc. current price & indicator signals

Moving Averages for Monarch Casino & Resort, Inc.

5Day Average: 88.79
12Day Average: 90.04
20Day Average: 90.39
50Day Average: 85.66
100Day Average: 83.12
150Day Average: 80.51
200Day Average: 77.54

MCRI Indicators & signals

Indicator MACD (12,26,9)

89.39, 88.75, 1.4
Indicator MACD is in positive zone

Indicator ADX (14)

4.17, 22.22, 24.15
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MCRI Monarch Casino & Resort, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
07 Fri Mar 2025	86.76	85.91 to 87.44	-1.13%	1.14 times
06 Thu Mar 2025	87.75	86.86 to 88.94	-1.17%	0.71 times
05 Wed Mar 2025	88.79	88.43 to 90.21	-0.66%	0.84 times
04 Tue Mar 2025	89.38	89.06 to 90.95	-2.08%	1.42 times
03 Mon Mar 2025	91.28	90.50 to 93.08	-0.33%	0.84 times
28 Fri Feb 2025	91.58	90.12 to 91.63	1.2%	0.71 times
27 Thu Feb 2025	90.49	90.32 to 91.48	-1.22%	0.91 times
26 Wed Feb 2025	91.61	90.59 to 92.04	1.1%	1.4 times
25 Tue Feb 2025	90.61	90.08 to 91.21	0.43%	0.79 times
24 Mon Feb 2025	90.22	89.73 to 90.84	0.92%	0.85 times
21 Fri Feb 2025	89.40	89.16 to 93.25	-3.45%	1.52 times
20 Thu Feb 2025	92.59	90.51 to 92.87	1.32%	1.79 times