GAMESQUARE HOLDINGS INC (GAME) Stock Technical Analysis
NASDAQ:GAME - Nasdaq - US36468G1031 - Common Stock - Currency: USD
Overall GAME gets a technical rating of 2 out of 10. GAME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, GAME is a bad performer in the overall market: 81% of all stocks are doing better.
GAME is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 63% are performing better than GAME.
GAME is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GAME is lagging the market.
In the last month GAME has a been trading in the 0.78 - 2.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GAME has an average volume of 10834400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
GAME has a poor technical rating and the quality of the setup is also only medium 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
0.74
0.82
When analyzing the support we notice one important area.
- Support @0.75 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 | NEUTRAL | NEUTRAL | The long term trend for GAME is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAME is down. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | GAME has a low relative strength, it was outperformed by 80.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GAME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GAME is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GAME is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.56 | NEUTRAL | The RSI value for GAME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests GAME has a negative trend. |
| Stochastics (14,3) | 0.63 | OVERSOLD | The low Stochastics value suggests GAME may be oversold. |
| Average True Range in percent/ATR (20) | 47.83 | HIGH VOLATILITY | The high ATR as a percentage value for GAME suggests high volalility. |
| Average Directional Index/ADX (14) | 35.13 | POSITIVE | The high ADX value value for GAME suggests a strong 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)
0.8108
-0.05 (-5.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-5.53%
1 Week-28.25%
2 Weeks-46.66%
1 Month-9.29%
3 Month8.98%
6 Month-9.1%
12 Month-28.88%
2 Year-69.29%
3 Year-71.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%47.83%
ATR Inc-67.17%
Range Today0.09
ADR(20)0.31
ADR(20)%38.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.62
Mansfield-1.21
10 Day High1.63
10 Day Low0.78
20 Day High2.87
20 Day Low0.78
52 Week High2.87
52 Week Low0.5
CS1 End0.75
CR1 StartN/A
Volume & EV
DER(3)-0.12%
DER(5)-1.1%
Volume5.15M
Volume Incr-64.59%
Vol(5)8.66M
Vol(50)10.83M