MOBILE GLOBAL ESPORTS INC (MGAM) Technical Analysis
NASDAQ:MGAM • US6073711011
Current stock price
0.113 USD
0 (-1.74%)
At close:
0.085 USD
-0.03 (-24.78%)
After Hours:
MGAM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MGAM. MGAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MGAM is a bad performer in the overall market: 99% of all stocks are doing better.
- MGAM is one of the lesser performing stocks in the Entertainment industry. 84% of 79 stocks in the same industry do better.
- MGAM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MGAM has a been trading in the 0.10 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MGAM has an average volume of 3682950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MGAM Weekly and Daily overview Charts
MGAM Setup Rating and Analysis
MGAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
MGAM Support and Resistance Analysis
0.11
0.23
We can see 3 important resistance areas.
- Resistance @0.19 from a trend line in the daily time frame.
- Resistance @0.21 from a trend line in the daily time frame.
- Resistance @0.23 from a horizontal line in the daily time frame.
MGAM 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 MGAM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGAM is down. |
| ChartMill Relative Strength | 1.37 | NEGATIVE | MGAM has a low relative strength, it was outperformed by 98.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGAM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.07 | NEUTRAL | The RSI value for MGAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MGAM has a negative trend. |
| Stochastics (14,3) | 4.56 | OVERSOLD | The low Stochastics value suggests MGAM may be oversold. |
| Average True Range in percent/ATR (20) | 34.96 | HIGH VOLATILITY | The high ATR as a percentage value for MGAM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.1 | POSITIVE | The high ADX value value for MGAM suggests a strong trend. |
MGAM Chart- and CandleStick Pattern Analysis
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)
MGAM Technicals: Chart, Performance Metrics, Trend & Indicators
0.113
0 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.74%
1 Week-33.49%
2 Weeks-22.44%
1 Month-47.81%
3 Month-58.15%
6 Month-67.08%
12 Month-84.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%34.96%
ATR Inc-36.74%
Range Today0.03
ADR(20)0.04
ADR(20)%33.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.37
3 months CRSN/A
6 months CRSN/A
Mansfield-7.4
10 Day High0.37
10 Day Low0.1
20 Day High0.37
20 Day Low0.1
52 Week High0.99
52 Week Low0.1
CS1 EndN/A
CR1 Start0.19
Volume & EV
DER(3)-5.89%
DER(5)-6.41%
Volume11.07M
Volume Incr-37.57%
Vol(5)4.84M
Vol(50)3.68M
MOBILE GLOBAL ESPORTS INC / MGAM TA FAQ
What is the technical rating for MGAM stock?
ChartMill assigns a technical rating of 0 / 10 to MGAM.
What is the current trend direction of MOBILE GLOBAL ESPORTS INC (MGAM) stock?
The current trend direction for MOBILE GLOBAL ESPORTS INC (MGAM) is Bearish.
Can you provide the RSI signal for MOBILE GLOBAL ESPORTS INC?
MOBILE GLOBAL ESPORTS INC (MGAM) has an RSI value of 36.0717. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOBILE GLOBAL ESPORTS INC?
The MACD indicator for MOBILE GLOBAL ESPORTS INC (MGAM) has a value of -0.00261123, indicating a bearish trend.
Can you provide the short term momentum for MOBILE GLOBAL ESPORTS INC?
The short term momentum for MOBILE GLOBAL ESPORTS INC (MGAM) is negative.