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Is MCRI primed for downward momentum? Lower Bollinger Band Walk shows up after advancing 0.76%

Monarch Casino & Resort, Inc. (MCRI) — Nightly Technical Analysis · Jul 24, 2026, 01:58 ET
MCRI finished higher by 0.76% on Thursday, July 23rd, trading 1.0 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 116.88, 114.59 & 113.17, with resistance at 120.59, 122.01 & 124.3.

Current SwingTradeBot Technical Rating of MCRI: D

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Monarch Casino & Resort, Inc. (MCRI)