CDRO Technical

Technical Sentiment Analysis for Codere Online Luxembourg SA (CDRO) As of 2026-03-02, 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 56.895, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0702, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.677 and the Commodity Channel Index (CCI) at 89.742 further confirm a 0.137 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CDRO is trading above its 60-day moving average of $7.827 and above its 200-day long-term moving average of $7.555. Key price levels to watch include the immediate resistance at $8.218 and strong support at $7.848. A break above $8.218 could signal a bull continuation, while falling below $7.848 may test the next Fibonacci floor at $7.669.