BRAGG GAMING GROUP INC (BRAG) Stock Technical Analysis
USA - NASDAQ:BRAG - CA1048333068 - Common Stock
Taking everything into account, BRAG scores 0 out of 10 in our technical rating. BRAG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BRAG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.54
We found 1 important support area.
- A support zone ranging from 2.57 to 2.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.93 to 2.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.71 from a trend line in the daily time frame.
- A resistance zone ranging from 4.08 to 4.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.57 from a trend line in the weekly time frame.
- Resistance @4.68 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BRAG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRAG is down. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | BRAG has a low relative strength, it was outperformed by 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRAG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRAG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.11 | NEUTRAL | The RSI value for BRAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BRAG has a negative trend. |
| Stochastics (14,3) | 0.95 | OVERSOLD | The low Stochastics value suggests BRAG may be oversold. |
| Average True Range in percent/ATR (20) | 5.33 | HIGH VOLATILITY | The high ATR as a percentage value for BRAG suggests high volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for BRAG suggests a possible start of a new trend. |
2.58
-0.06 (-2.27%)
BRAGG GAMING GROUP INC / BRAG FAQ
What is the technical rating for BRAG stock?
ChartMill assigns a technical rating of 0 / 10 to BRAG.
Can you provide the trend direction for BRAGG GAMING GROUP INC?
The current trend direction for BRAGG GAMING GROUP INC (BRAG) is Bearish.
Can you provide the RSI signal for BRAGG GAMING GROUP INC?
BRAGG GAMING GROUP INC (BRAG) has an RSI value of 34.1057. This indicates that the stock is currently neutral.
What is the short term momentum for BRAGG GAMING GROUP INC (BRAG) stock?
The short term momentum for BRAGG GAMING GROUP INC (BRAG) is negative.
Can you provide the support and resistance levels for BRAGG GAMING GROUP INC?
BRAGG GAMING GROUP INC (BRAG) has a support level at 2.57 and a resistance level at 2.93. Check the full technical report for our detailed analysis of BRAG support and resistance levels.