We Analyzed Churchill Downs, Incorporated ($CHDN) – Here’s What We Found (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CHDN has been trading over the last 2 weeks and the past day especially. On its latest session, Churchill Downs, Incorporated ($CHDN) opened at 126.31, reaching a high of 128.96 and a low of 126.31 before closing at a price of 128.25. There was a total volume of 139758.

VOLUME INDICATORS FOR CHURCHILL DOWNS, INCORPORATED ($CHDN): We saw an accumulation-distribution index of 9768.312, an on-balance volume of -126.51, chaikin money flow of 1.0 and a force index of 1.3067. There was an ease of movement rating of 0.00013, a volume-price trend of 4.56502 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR CHURCHILL DOWNS, INCORPORATED ($CHDN): We noted an average true range of 1.58693, bolinger bands of 127.15108, an upper bollinger band of 124.54892, lower bollinger band of 126.31, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 127.19333, high band keltner channel of 124.54333, low band keltner channel of 129.84333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 126.31, a donchian channel low band of 126.31, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR CHURCHILL DOWNS, INCORPORATED ($CHDN): We calculated a Moving Average Convergence Divergence (MACD) of -0.02064, a MACD signal of -0.01147, a MACD difference of -0.00917, a fast Exponential Moving Average (EMA) indicator of 126.31, a slow Exponential Moving Average (EMA) indicator of 126.31, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.33305, a trix of 2.05762, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.40953, a KST Oscillator (KST) of 36.17317 and a KST Oscillator (KST Signal) of 36.17317 (leaving a KST difference of -1.88679). We also found an Ichimoku rating of 127.635, an Ichimoku B rating of 127.635, a Ichimoku visual trend A of 125.47088, an Ichimoku visual trend B of 127.12925, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR CHURCHILL DOWNS, INCORPORATED ($CHDN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 100.0, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of 3760.0 and an awesome oscillator of -0.1815.

RETURNS FOR CHURCHILL DOWNS, INCORPORATED ($CHDN): There was a daily return of 3.61732, a daily log return of -0.73103 and a cumulative return of -0.72837.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Churchill Downs, Incorporated ($CHDN)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Churchill Downs, Incorporated ($CHDN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *