GAMBLING.COM GROUP LTD (GAMB) Stock Technical Analysis
NASDAQ:GAMB - Nasdaq - JE00BL970N11 - Common Stock - Currency: USD
Overall GAMB gets a technical rating of 3 out of 10. Although GAMB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month GAMB has a been trading in the 11.68 - 14.95 range, which is quite wide. It is currently trading near the lows of this range.
GAMB is one of the better performing stocks in the Media industry, it outperforms 84% of 97 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that GAMB is one of the better performing stocks in the market, outperforming 87% of all stocks. However, we also see that GAMB couldn't keep up this performance in the last couple of months.
GAMB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GAMB is lagging the market slightly.
GAMB has a poor technical rating and the quality of the setup is also not perfect 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
11.41
14.49
We found 1 important support area.
- A support zone ranging from 11.53 to 11.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.49 to 12.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.88 to 12.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.35 from a trend line in the daily 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 GAMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAMB is down. |
| ChartMill Relative Strength | 87.03 | POSITIVE | GAMB has a high relative strength, it outperformed 87.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GAMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GAMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GAMB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.03 | NEUTRAL | The RSI value for GAMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests GAMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.38 | OVERSOLD | The low Stochastics value suggests GAMB may be oversold. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for GAMB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for GAMB suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.79
-0.13 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.09%
1 Week-3.36%
2 Weeks-5.83%
1 Month-8.32%
3 Month-17.09%
6 Month-11.09%
12 Month52.52%
2 Year16.27%
3 Year46.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.87%
ATR Inc-51.83%
Range Today0.3
ADR(20)0.56
ADR(20)%4.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.03
Mansfield-0.13
10 Day High13.05
10 Day Low11.68
20 Day High14.95
20 Day Low11.68
52 Week High17.14
52 Week Low7.52
CS1 End11.67
CR1 Start12.49
Volume & EV
DER(3)-6.4%
DER(5)-3.56%
Volume617.90K
Volume Incr-20.98%
Vol(5)337.82K
Vol(50)398.74K