ESPORTS ENTERTAINMENT -CW25 (GMBLW) Stock Technical Analysis
NASDAQ:GMBLW - Nasdaq - - Currency: USD
Overall GMBLW gets a technical rating of 6 out of 10. Although GMBLW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Warning: GMBLW has an average volume of 8626 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
GMBLW is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GMBLW is leading the market.
In the last month GMBLW has a been trading in the 0.01 - 0.61 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that GMBLW is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GMBLW has an average technical rating and also 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
0.02
0.04
When analyzing the support we can see 2 important areas.
- Support @0.03 from a horizontal line in the daily time frame.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for GMBLW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GMBLW is neutral. |
| ChartMill Relative Strength | 95.34 | POSITIVE | GMBLW has a high relative strength, it outperformed 95.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GMBLW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GMBLW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GMBLW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.74 | NEUTRAL | The RSI value for GMBLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GMBLW has a positive trend. |
| Stochastics (14,3) | 2.08 | OVERSOLD | The low Stochastics value suggests GMBLW may be oversold. |
| Average True Range in percent/ATR (20) | 101.41 | HIGH VOLATILITY | The high ATR as a percentage value for GMBLW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for GMBLW 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)
0.0395
+0.03 (+406.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg406.41%
1 Week42.6%
2 Weeks33%
1 Month58%
3 Month79.55%
6 Month16.52%
12 Month51.92%
2 Year-86.89%
3 Year-99.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%101.41%
ATR Inc2829.17%
Range Today0.59
ADR(20)0.04
ADR(20)%93.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.34
Mansfield0.34
10 Day High0.61
10 Day Low0.01
20 Day High0.61
20 Day Low0.01
52 Week High0.61
52 Week Low0.01
CS1 End0.03
CR1 StartN/A
Volume & EV
DER(3)-20.54%
DER(5)-10.74%
Volume203.00K
Volume Incr1407.33%
Vol(5)51.40K
Vol(50)8.63K