Caesars Entertainment, Inc. is a casino-entertainment company in the U.S. and a diversified casino-entertainment provider. Its resorts operate primarily under the Caesars, Harrah's, Horseshoe, and Eldorado brand names. It offers diversified gaming, entertainment and hospitality amenities, destinations, and a full suite of mobile and online gaming and sports betting experiences. It operates through four segments: Las Vegas, Regional, Caesars Digital, and Managed and Branded, in addition to Corporate and Other. Co.'s operations for retail and online sports betting, iGaming, horse racing and online poker are included under the Caesars Digital segment.
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