We assign a technical rating of 1 out of 10 to GAMB. GAMB'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 GAMB 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.
5.11
3 important resistance areas can be observed.
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 | 5.24 | NEGATIVE | GAMB has a low relative strength, it was outperformed by 94.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GAMB is below the rising 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) | DOWN | NEGATIVE | The current price of GAMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.04 | NEUTRAL | The RSI value for GAMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GAMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.72 | OVERSOLD | The low Stochastics value suggests GAMB may be oversold. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for GAMB suggests some volalility. |
| Average Directional Index/ADX (14) | 25.73 | POSITIVE | The high ADX value value for GAMB suggests a strong trend. |
5.16
-0.14 (-2.64%)
ChartMill assigns a technical rating of 1 / 10 to GAMB.
The current trend direction for GAMBLING.COM GROUP LTD (GAMB) is Bearish.
GAMBLING.COM GROUP LTD (GAMB) has an RSI value of 36.0446. This indicates that the stock is currently neutral.
The buy/sell signal for GAMBLING.COM GROUP LTD (GAMB) is sell as both the short term and long term trends are negative.
GAMBLING.COM GROUP LTD (GAMB) has a resistance level at 5.39. Check the full technical report for our detailed analysis of GAMB support and resistance levels.