CHDNChurchill Downs, Incorporated
Since it joined the list
$CHDN landed on the list 2026-03-02, down 21.3% from its 52-week high that day — now down -25.3%.
That's 4.0 percentage points deeper than the day it joined. It bottomed 30.3% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
CHDN qualifies for the Amber List on decline depth.
The structural read
What price action says about CHDN.
CHDN qualifies for the Amber List on decline depth — down -25.3% from its rolling 252-day high.
Cross-confirmation: also showing 3/5 bearish time frames.
Cross-confirmation: decline sigma also reads 6.3σ over 20 bars.
Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.
Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether CHDN's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.
Upstream TFC read: moderate alignment, current phase daily. Last bar types — daily 2U (green), weekly 3 (green), monthly 2D (red).
Earnings on file: 2026-04-22. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
Sector context · Consumer Cyclical
132 other Consumer Cyclical tickers are on Broken Stocks.
Worst in sector: FLUT (-69.5%). Least-bad: ZUMZ (-20.1%). See all Consumer Cyclical listings →
Questions about CHDN
What people ask.
Why is CHDN on Broken Stocks?
CHDN qualifies for the Amber List on decline depth. It is down -25.3% from its rolling 252-day high of $118.35, set on 2025-12-16 — 163d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for CHDN?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — CHDN is still Amber List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is CHDN a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. CHDN is down -25.3% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is CHDN a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is CHDN trading inside its 52-week range?
At $88.43, CHDN sits 21.4% of the way from its 52-week low ($80.24) to its 52-week high ($118.46). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has CHDN been declining?
The current 25.3% decline accrued over 163d, which annualizes to roughly -56.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does CHDN compare to its sector?
There are 132 other Consumer Cyclical tickers on Broken Stocks: 50 Red, 40 Amber, 42 Watch, with 83 showing recovering structural signals. Median sector decline is -34.1% — CHDN's decline is shallower than the sector median.
Does CHDN's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-04-22) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.