's Chart of the Day - Eldorado Resorts
Related Stocks
 ERI - Eldorado Resorts

The Barchart Chart of the Day belongs to the hotel and casino company Elorado Resorts (ERI). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signals a buy on 10/11 the stock gained 40.99%.

Eldorado Resorts, Inc. is a casino entertainment company. It provides casino and entertainment services primarily in Nevada and Louisiana, United States. The Company's facilities and services include casino games; hotels; entertainment and events; signature and casual restaurants; various venues; and guest services. Its casino also provides facilities for meetings and special events; catering and banquet services; and golf, ski, Reno bowling, baseball, base camp climbing, Truckee River, Reno Fernley raceway, and museum services. Eldorado Resorts, Inc. is based in Reno, Nevada.

ERI Eldorado Resorts

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report.

Barchart technical indicators:

  • 88% technical buy signals
  • 56.30+ Weighted Alpha
  • 56.81% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 12.92% in the last month
  • Relative Strength Index 77.92%
  • Technical support level at 59.01
  • Recently traded at 59.51 with a 50 day moving average of 52.25

Fundamental factors:

  • Market Cap $4.63 billion
  • P/E 47.59
  • Revenue expected to grow 24.90% this year but be down by 1.00% next year
  • Earnings estimated to increase 33.60% this year, an additional 33.70% next year and continue to compound at an annual rate of 21.04% for the next 5 years
  • Wall Street analysts issued 5 strong buy and 1 hold recommendation on the stock
  • 2,602 investors monitor the stock on Seeking Alpha