GAMESQUARE HOLDINGS INC (GAME) Technical Analysis
NASDAQ:GAME • US36468G1031
Current stock price
GAME Technical Rating and Analysis
Taking everything into account, GAME scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 95% of all other stocks performed better in the past year than GAME.
- GAME is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 70% are performing better than GAME.
- GAME is currently making a new 52 week low. This is a very bad signal. The S&P500 Index 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 0.25 - 0.33 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 1010620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
GAME Weekly and Daily overview Charts
GAME Setup Rating and Analysis
The technical rating of GAME 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
GAME Support and Resistance Analysis
0.24
When analyzing the resistance we notice one important area.
- Resistance @0.32 from a trend line in the daily time frame.
GAME Technical Indicator Signal Analysis
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 GAME is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAME is down. |
| ChartMill Relative Strength | 5.22 | NEGATIVE | GAME has a low relative strength, it was outperformed by 94.78% 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) | DOWN | NEGATIVE | The current price of GAME is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GAME is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.18 | NEUTRAL | The RSI value for GAME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GAME has a negative trend. |
| Stochastics (14,3) | 17.47 | OVERSOLD | The low Stochastics value suggests GAME may be oversold. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for GAME suggests high volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for GAME suggests a possible start of a new trend. |
GAME Chart- and CandleStick Pattern Analysis
GAME Technicals: Chart, Performance Metrics, Trend & Indicators
0.2457
-0.02 (-8.15%)
GAMESQUARE HOLDINGS INC / GAME TA FAQ
Can you provide the ChartMill technical rating for GAMESQUARE HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to GAME.
What is the current trend direction of GAMESQUARE HOLDINGS INC (GAME) stock?
The current trend direction for GAMESQUARE HOLDINGS INC (GAME) is Bearish.
Can you provide the RSI signal for GAMESQUARE HOLDINGS INC?
GAMESQUARE HOLDINGS INC (GAME) has an RSI value of 31.1809. This indicates that the stock is currently neutral.
What is the MACD signal for GAMESQUARE HOLDINGS INC (GAME) stock?
The MACD indicator for GAMESQUARE HOLDINGS INC (GAME) has a value of -0.001157, indicating a bearish trend.
What is the support and resistance level for GAME stock?
GAMESQUARE HOLDINGS INC (GAME) has a resistance level at 0.32. Check the full technical report for our detailed analysis of GAME support and resistance levels.