GOLDEN MATRIX GROUP INC (GMGI)

US3810983003 - Common Stock

4.73  -0.13 (-2.67%)

After market: 4.73 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GMGI. Both in the recent history as in the last year, GMGI has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GMGI did better than 96% of all other stocks. We also observe that the gains produced by GMGI over the past year are nicely spread over this period.
GMGI is part of the Entertainment industry. There are 76 other stocks in this industry. GMGI outperforms 96% of them.
GMGI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GMGI is lagging the market slightly.
In the last month GMGI has a been trading in the 2.22 - 4.91 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GMGI Weekly chart
GMGI Daily chart
Setup Rating and Analysis

3

Although GMGI has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

2.57

4.78

When analyzing the support we can see 3 important areas.

  • Support @3.99 from a trend line in the daily time frame.
  • A support zone ranging from 2.71 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.60 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.47
Mansfield5.78
10 Day High4.91
10 Day Low3.53
20 Day High4.91
20 Day Low2.22
52 Week High4.91
52 Week Low1.95
Performance
1 Week31.75%
2 Weeks20.36%
1 Month65.38%
3 Month41.19%
6 Month95.86%
12 Month101.28%
2 Year8.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)68.24
LBB3.01
UBB4.83
GMGI Daily chart

GOLDEN MATRIX GROUP INC

NASDAQ:GMGI (5/7/2024, 7:00:02 PM)

After market: 4.73 0 (0%)

4.73

-0.13 (-2.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.67%
1 Week31.75%
2 Weeks20.36%
1 Month65.38%
3 Month41.19%
6 Month95.86%
12 Month101.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.52
ATR(20)%9.73%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.91
10 Day Low3.53
20 Day High4.91
20 Day Low2.22
52 Week High4.91
52 Week Low1.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume244.40K
Volume Incr39.09%
Vol(5)158.96K
Vol(50)80.80K