GAMESQUARE HOLDINGS INC (GAME) Stock Technical Analysis
NASDAQ:GAME - Nasdaq - US36468G1031 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to GAME. Both in the recent history as in the last year, GAME has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month GAME has a been trading in the 0.72 - 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
GAME is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 84% of 70 stocks in the same industry.
GAME has an average volume of 9502880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GAME is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
GAME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GAME is lagging the market.
GAME has an excellent technical rating, but the quality of the setup is 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
0.81
1.28
We found 1 important support area.
- A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for GAME is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GAME is up. |
| ChartMill Relative Strength | 91.19 | POSITIVE | GAME has a high relative strength, it outperformed 91.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GAME is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GAME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GAME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.43 | NEUTRAL | The RSI value for GAME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GAME has a negative trend. |
| Stochastics (14,3) | 25.86 | NEUTRAL | The Stochastics value for GAME is a neutral value. |
| Average True Range in percent/ATR (20) | 29 | HIGH VOLATILITY | The high ATR as a percentage value for GAME suggests high volalility. |
| Average Directional Index/ADX (14) | 44.5 | 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)
1.27
-0.11 (-7.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-7.97%
1 Week-45.02%
2 Weeks-41.2%
1 Month68.79%
3 Month69.6%
6 Month40.18%
12 Month25.74%
2 Year-57.81%
3 Year-70.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%29%
ATR Inc-69.81%
Range Today0.09
ADR(20)0.29
ADR(20)%23.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.19
Mansfield3.31
10 Day High2.82
10 Day Low1.27
20 Day High2.87
20 Day Low0.72
52 Week High2.87
52 Week Low0.5
CS1 End0.82
CR1 StartN/A
Volume & EV
DER(3)-3.62%
DER(5)-1.68%
Volume8.55M
Volume Incr171.37%
Vol(5)37.61M
Vol(50)9.50M