Overall MSGM gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MSGM has a been trading in the 3.10 - 4.57 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, MSGM did better than 97% of all other stocks.
- MSGM is one of the better performing stocks in the Entertainment industry, it outperforms 98% of 80 stocks in the same industry.
- MSGM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSGM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although MSGM 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.
More info and screens
2.84
3 important support areas can be observed.
- Support @3.11 from a trend line in the daily time frame.
- Support @2.99 from a trend line in the weekly time frame.
- Support @2.87 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.49 to 3.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.34 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for MSGM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MSGM is neutral. |
| ChartMill Relative Strength | 97.07 | POSITIVE | MSGM has a high relative strength, it outperformed 97.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSGM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MSGM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for MSGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MSGM has a negative trend. |
| Stochastics (14,3) | 25.78 | NEUTRAL | The Stochastics value for MSGM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for MSGM suggests high volalility. |
| Average Directional Index/ADX (14) | 37.93 | POSITIVE | The high ADX value value for MSGM suggests a strong trend. |
3.32
-0.18 (-5.14%)
MOTORSPORT GAMES INC-A / MSGM FAQ
Can you provide the ChartMill technical rating for MOTORSPORT GAMES INC-A?
ChartMill assigns a technical rating of 8 / 10 to MSGM.
What is the current trend direction of MOTORSPORT GAMES INC-A (MSGM) stock?
The current trend direction for MOTORSPORT GAMES INC-A (MSGM) is Bullish.
Can you provide the RSI signal for MOTORSPORT GAMES INC-A?
MOTORSPORT GAMES INC-A (MSGM) has an RSI value of 46.1148. This indicates that the stock is currently neutral.
What is the MACD signal for MOTORSPORT GAMES INC-A (MSGM) stock?
The MACD indicator for MOTORSPORT GAMES INC-A (MSGM) has a value of -0.0894542, indicating a bearish trend.
Can you provide the short term momentum for MOTORSPORT GAMES INC-A?
The short term momentum for MOTORSPORT GAMES INC-A (MSGM) is neutral.