Madison Square Garden Sports Corp. (MSG) Stock Technical Analysis
NASDAQ:MSG -
237.22
+7.31 (+3.18%)
237.22
0 (0%)
We assign a technical rating of 2 out of 10 to MSG. MSG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
MSG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, MSG turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
MSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSG is lagging the market.
MSG 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 a resistance zone just above the current price starting at 242.16. Right above this resistance zone may be a good entry point.
More info and screens
204.10
313.07
2 important support areas can be observed.
- A support zone ranging from 221.89 to 224.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @206.16 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 242.16 to 242.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @290.84 from a horizontal line in the daily time frame.
- Resistance @296.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 308.92 to 309.97. This zone is formed by a combination of multiple trend lines 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 MSG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MSG is neutral. |
| ChartMill Relative Strength | 47.9 | NEUTRAL | MSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.65 | NEUTRAL | The RSI value for MSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.03 | POSITIVE | The MACD value suggests MSG has a positive trend. |
| Stochastics (14,3) | 63.28 | NEUTRAL | The Stochastics value for MSG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for MSG suggests high volalility. |
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)
237.22
+7.31 (+3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.18%
1 Week-2.04%
2 Weeks15.06%
1 Month16.1%
3 Month-22.24%
6 Month-10.55%
12 Month-23.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.71
ATR(20)%6.28%
ATR Inc-30.07%
Range Today11.56
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.9
Mansfield-1.08
10 Day High251.35
10 Day Low200.11
20 Day High251.35
20 Day Low187.62
52 Week High316.39
52 Week Low182.47
CS1 End224.83
CR1 Start242.16
Volume & EV
DER(3)-2.86%
DER(5)-1.96%
Volume555.80K
Volume Incr-12.96%
Vol(5)393.98K
Vol(50)374.00K