GAMBLING.COM GROUP LTD (GAMB) Stock Technical Analysis
USA - NASDAQ:GAMB - JE00BL970N11 - Common Stock
We assign a technical rating of 0 out of 10 to GAMB. GAMB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
More info and screens
7.06
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.61 to 7.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.18 from a trend 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 GAMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAMB is down. |
| ChartMill Relative Strength | 8.35 | NEGATIVE | GAMB has a low relative strength, it was outperformed by 91.65% 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) | DOWN | NEGATIVE | The current price of GAMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.6 | NEUTRAL | The RSI value for GAMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GAMB has a negative trend. |
| Stochastics (14,3) | 6.69 | OVERSOLD | The low Stochastics value suggests GAMB may be oversold. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for GAMB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for GAMB suggests a weak or negative trend. |
7.13
+0.02 (+0.28%)
GAMBLING.COM GROUP LTD / GAMB FAQ
What is the technical rating for GAMB stock?
ChartMill assigns a technical rating of 0 / 10 to GAMB.
Can you provide the trend direction for GAMBLING.COM GROUP LTD?
The current trend direction for GAMBLING.COM GROUP LTD (GAMB) is Bearish.
What is the RSI signal for GAMBLING.COM GROUP LTD (GAMB) stock?
GAMBLING.COM GROUP LTD (GAMB) has an RSI value of 32.6022. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GAMBLING.COM GROUP LTD?
The buy/sell signal for GAMBLING.COM GROUP LTD (GAMB) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for GAMBLING.COM GROUP LTD?
GAMBLING.COM GROUP LTD (GAMB) has a resistance level at 7.61. Check the full technical report for our detailed analysis of GAMB support and resistance levels.