Golden Nugget Online Gaming Inc (GNOG) Technical Analysis
NASDAQ:GNOG • US38113L1070
Current stock price
GNOG Technical Rating and Analysis
Overall GNOG gets a technical rating of 0 out of 10. GNOG'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 85% of all other stocks performed better in the past year than GNOG.
- GNOG is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 66% of 126 stocks in the same industry do better.
- GNOG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GNOG is lagging the market.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month GNOG has a been trading in the 4.77 - 6.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GNOG Weekly and Daily overview Charts
GNOG Setup Rating and Analysis
The technical rating of GNOG 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.
More info and screens
GNOG Support and Resistance Analysis
4.95
We found 1 important support area.
- A support zone ranging from 5.00 to 5.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
GNOG Technical Indicator Signal Analysis
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 GNOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNOG is down. |
| ChartMill Relative Strength | 15.89 | NEGATIVE | GNOG has a low relative strength, it was outperformed by 84.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GNOG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for GNOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GNOG has a positive trend. |
| Stochastics (14,3) | 52.04 | NEUTRAL | The Stochastics value for GNOG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for GNOG suggests high volalility. |
GNOG Chart- and CandleStick Pattern Analysis
GNOG Technicals: Chart, Performance Metrics, Trend & Indicators
5.78
+0.28 (+5.09%)
Golden Nugget Online Gaming Inc / GNOG TA FAQ
Can you provide the ChartMill technical rating for Golden Nugget Online Gaming Inc?
ChartMill assigns a technical rating of 0 / 10 to GNOG.
What is the trend direction for GNOG stock?
The current trend direction for Golden Nugget Online Gaming Inc (GNOG) is Bearish.
What is the RSI signal for GNOG stock?
Golden Nugget Online Gaming Inc (GNOG) has an RSI value of 48.0216. This indicates that the stock is currently neutral.
What is the short term momentum for GNOG stock?
The short term momentum for Golden Nugget Online Gaming Inc (GNOG) is negative.
What are the support and resistance levels for Golden Nugget Online Gaming Inc (GNOG) stock?
Golden Nugget Online Gaming Inc (GNOG) has a support level at 5. Check the full technical report for our detailed analysis of GNOG support and resistance levels.