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Eldorado Resorts Trading Lower on Heavy Volume, Inline With Overall Trend (ERI)

By Nick Russo

The price of Eldorado Resorts shares has climbed to $40.55 (a 13.6% change) on heavy trading volume. Today's volume of 441,000 shares tops the average 30-day volume of 234,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Eldorado Resorts and will alert subscribers who have ERI in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Eldorado Resorts has traded in a range of $10.65 to $43.15 and is now at $40.55, 281% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.5% while the 200-day MA has risen 0.8%.

Keywords: unusual volume eldorado resorts

Ticker(s): ERI