May 06, 2013 (Market movers via COMTEX) -- Up 3.9% to $14.10, Monarch Casino & Resort (NASDAQ:MCRI), is one of today's notable movers. The Dow Jones Industrial Average is now trading fractionally lower to 14,961 and the S&P is trading fractionally higher to 1,616.

In the past 52 weeks, shares of Monarch Casino & Resort have traded between a low of $7.05 and a high of $14.20 and are now at $14.10, which is 100% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 2.9%.

Monarch Casino & Resort (NASDAQ:MCRI) has potential upside of 6.4% based on a current price of $14.10 and analysts' consensus price target of $15.00. The stock should discover initial support at its 50-day moving average (MA) of $10.07 and subsequent support at its 200-day MA of $9.26.

Monarch Casino & Resort, Inc., through its wholly owned subsidiary, owns and operates the tropically-themed Atlantis Casino Resort in Reno, Nevada. The resort features a casino, a hotel and motor lounge, restaurants, bars, a nightclub, a swimming pool and health club, a gift shop, a family entertainment center, banquet and meeting space, and surface parking spaces.

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