Churchill Downs Stock Forecast

Sell candidate since Jun 11, 2026 Loss -0.15%

The Churchill Downs stock price fell by -0.149% on the last day (Friday, 12th Jun 2026) from $87.07 to $86.94. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.82% from a day low at $86.28 to a day high of $87.85. The price has fallen in 6 of the last 10 days and is down by -0.31% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -174 thousand shares and in total, 646 thousand shares were bought and sold for approximately $56.14 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Churchill Downs stock with a 90% probability to be traded between $82.48 and $100.67 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

CHDN Signals & Forecast

There are mixed signals in the stock today. The Churchill Downs stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $87.34 and $89.65. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A buy signal was issued from a pivot bottom point on Tuesday, May 26, 2026, and so far it has risen 4.67%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Churchill Downs stock

Churchill Downs finds support from accumulated volume at $86.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.57 between high and low, or 1.82%. For the last week the stock has had daily average volatility of 2.41%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CHDN) For The Upcoming Trading Day Of Monday 15th

For the upcoming trading day on Monday, 15th we expect Churchill Downs to open at $87.02, and during the day (based on 14 day Average True Range), to move between $85.62 and $88.26, which gives a possible trading interval of +/-$2.63 (+/-3.07%) up or down from last closing price. If Churchill Downs takes out the full calculated possible swing range there will be an estimated 3.07% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $86.88 (0.07%) than the resistance at $91.70 (5.48%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Churchill Downs stock A Buy?

Churchill Downs holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.117 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 15, 2026 - $87.02 ( 0.0959%).

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