Caesars Entertainment is a holding company. Through its subsidiaries, Co. is a gaming and hospitality company. Co.'s business includes: casino operations, which provide slot machines and table games including poker; food and beverage operations, which provide dining venues, bars, nightclubs, and lounges at its casinos, as well as room service in its hotels; hotel operations, which provide hotel stays at its properties in guest rooms and suites; casino management services, which provides staffing and management services; and entertainment and other non-gaming operations, which provides various retail and entertainment offerings at its properties, including online sports betting and iGaming.
When researching a stock like Caesars Entertainment, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CZR Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CZR stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CZR 200 day moving average ("CZR 200 DMA"), while one of the most popular "shorter look-backs" is the CZR 50 day moving average ("CZR 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Caesars Entertainment. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CZR 200 DMA and the CZR 50 DMA, we get a moving average convergence divergence indicator ("CZR MACD"). The CZR MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis