GAMESQUARE HOLDINGS INC (GAME) Stock Technical Analysis
NASDAQ:GAME • US36468G1031
Taking everything into account, GAME scores 0 out of 10 in our technical rating. GAME'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GAME is a bad performer in the overall market: 95% of all stocks are doing better.
- GAME is one of the lesser performing stocks in the Interactive Media & Services industry. 75% of 69 stocks in the same industry do better.
- GAME is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month GAME has a been trading in the 0.27 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
- GAME has an average volume of 1166010 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.
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
0.27
2 important resistance areas can be observed.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.41 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 GAME is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAME is down. |
| ChartMill Relative Strength | 5.14 | NEGATIVE | GAME has a low relative strength, it was outperformed by 94.86% 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) | 26.03 | OVERSOLD | The low RSI value suggests GAME may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GAME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.13 | OVERSOLD | The low Stochastics value suggests GAME may be oversold. |
| Average True Range in percent/ATR (20) | 12.87 | HIGH VOLATILITY | The high ATR as a percentage value for GAME suggests high volalility. |
| Average Directional Index/ADX (14) | 34.89 | POSITIVE | The high ADX value value for GAME suggests a strong trend. |
0.2766
-0.01 (-3.39%)
GAMESQUARE HOLDINGS INC / GAME 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 26.0342. This indicates that the stock is currently oversold.
What is the MACD signal for GAMESQUARE HOLDINGS INC (GAME) stock?
The MACD indicator for GAMESQUARE HOLDINGS INC (GAME) has a value of -0.00998128, indicating a bearish trend.
What is the support and resistance level for GAME stock?
GAMESQUARE HOLDINGS INC (GAME) has a resistance level at 0.38. Check the full technical report for our detailed analysis of GAME support and resistance levels.