GAMESQUARE HOLDINGS INC (GAME) Stock Technical Analysis
USA - NASDAQ:GAME - US36468G1031 - Common Stock
Overall GAME gets a technical rating of 0 out of 10. 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 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.
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0.57
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.79 from a trend line in the daily time frame.
- Resistance @0.88 from a horizontal line in the daily time frame.
- Resistance @0.91 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 | 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 | 6.41 | NEGATIVE | GAME has a low relative strength, it was outperformed by 93.59% 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) | 34.21 | 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. |
| Stochastics (14,3) | 4.06 | OVERSOLD | The low Stochastics value suggests GAME may be oversold. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for GAME suggests high volalility. |
| Average Directional Index/ADX (14) | 16.56 | NEGATIVE | The low ADX value for GAME suggests a weak or negative trend. |
0.5787
+0.02 (+3.34%)
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.
Can you provide the trend direction for GAMESQUARE HOLDINGS INC?
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 34.2089. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GAMESQUARE HOLDINGS INC?
The short term momentum for GAMESQUARE HOLDINGS INC (GAME) is negative.
What are the support and resistance levels for GAMESQUARE HOLDINGS INC (GAME) stock?
GAMESQUARE HOLDINGS INC (GAME) has a resistance level at 0.68. Check the full technical report for our detailed analysis of GAME support and resistance levels.