GAMESQUARE HOLDINGS INC (GAME) Stock Technical Analysis
NASDAQ:GAME - US36468G1031 - Common Stock
0.8759 USD
+0.09 (+12.08%)
0.8671 USD
-0.01 (-1%)
We assign a technical rating of 1 out of 10 to GAME. 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.
77% of all other stocks performed better in the past year than GAME.
GAME is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GAME has a been trading in the 0.74 - 1.24 range, which is quite wide. It is currently trading near the lows of this range.
GAME has an average volume of 12696500 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 is an average performer in the Interactive Media & Services industry, it outperforms 43% of 70 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
GAME has a poor technical rating and the quality of the setup is also not perfect 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
0.75
1.00
When analyzing the support we notice one important area.
- A support zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @0.99 from a horizontal 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 | 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 | 23.57 | NEGATIVE | GAME has a low relative strength, it was outperformed by 76.43% 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 | POSITIVE | The current price of GAME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.74 | NEUTRAL | The RSI value for GAME is a neutral value. |
| 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) | 20.87 | NEUTRAL | The Stochastics value for GAME is a neutral value. |
| Average True Range in percent/ATR (20) | 12.73 | HIGH VOLATILITY | The high ATR as a percentage value for GAME suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for GAME suggests a possible start of a new 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)
0.8759
+0.09 (+12.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg12.08%
1 Week13.99%
2 Weeks-10.59%
1 Month-22.12%
3 Month11.07%
6 Month-2.22%
12 Month-16.98%
2 Year-66.67%
3 Year-69.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%12.73%
ATR Inc-11.26%
Range Today0.12
ADR(20)0.11
ADR(20)%12.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.57
Mansfield-0.58
10 Day High1.09
10 Day Low0.74
20 Day High1.24
20 Day Low0.74
52 Week High2.87
52 Week Low0.5
CS1 End0.77
CR1 Start0.99
Volume & EV
DER(3)-4.11%
DER(5)-3.8%
Volume5.07M
Volume Incr-63.92%
Vol(5)3.76M
Vol(50)12.70M