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NASDAQ INTRA-DAY STOCK REPORT
Golden Entertainment, Inc (NASDAQ:GDEN) has tumbled $2.32 (5.0%) to trade at $43.70 at 11:56 am, New York time Wednesday. Compared with the NASDAQ-100 Index which is down 436.3 points (3.5%) to 12,326.65, the relative price change is -2.9%.
The 200-day Moving Average Price (MAP) is $49.42, down from $49.43 on Tuesday. The price to MAP ratio is 0.88. This is another bearish indicator. In the past month the MAP has exceeded the share price on 17/23 days; a bearish signal.
There were 49,550 shares worth $2.2 million traded so far today. The volume was 1.1 times the average trading volume of 43,577 shares since open at 09:30 am.
NASDAQ TRADING FLOOR - GDEN Wed May 18 00:06 PM EST
| Last Price | $43.70 |
| Tuesday's Close | $46.02 |
| Change | Down $2.32 [-5.0%] |
| Average of Past 5-days Volume since open | 43,577 |
| Volume Index [1 is Average] | 1.1 |
| Turnover Since Open | $2.2 million |
| Market Cap | $1 billion |
| P/E | 7.4 [Rank 212] |
[Rank, by value in NASDAQ-100 Index]
RECAP OF TUESDAY'S BEARISH SIGNALS
Downtrend
Beta < 1 combined with price fall. The Beta of the stock is 0.8.
Price/Moving Average Price of 0.93 and negative MACD:
- The Price/MAP 200 for Golden Entertainment is 0.93. Being less than 1 is a bearish indicator. The 200-day MAP has decreased to $49.43, a second bearish indicator.
- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 45.8 minus the 26-day EMA of 48.04 is negative, suggesting a bearish signal.
- The price to 50-day EMAP ratio is 0.9, a bearish indicator. In the past 50 days this ratio has been under 0.9 just ten times suggesting a support level. The 50-day EMAP has decreased to $49.83. A decrease is another bearish indicator.
Past Quarter:
The Worst 3 weeks in the past quarter