Overall MSGM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MSGM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MSGM did better than 96% of all other stocks.
- MSGM is part of the Entertainment industry. There are 80 other stocks in this industry. MSGM outperforms 96% of them.
- MSGM 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- MSGM has an average volume of 2721230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
Besides having an excellent technical rating, MSGM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 3.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MSGM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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2.50
5 important support areas can be observed.
- A support zone ranging from 2.99 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.88 from a trend line in the daily time frame.
- Support @2.80 from a trend line in the weekly time frame.
- Support @2.64 from a trend line in the daily time frame.
- Support @2.53 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.38 from a trend line in the daily time frame.
- Resistance @3.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.80 to 3.81. 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 | UP | POSITIVE | The long term trend for MSGM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSGM is up. |
| ChartMill Relative Strength | 96.53 | POSITIVE | MSGM has a high relative strength, it outperformed 96.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSGM is above the rising 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) | 56.7 | NEUTRAL | The RSI value for MSGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MSGM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.23 | NEUTRAL | The Stochastics value for MSGM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for MSGM suggests high volalility. |
| Average Directional Index/ADX (14) | 48.58 | POSITIVE | The high ADX value value for MSGM suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.39 | 2.98 | 0.41 (12.09%) | 8.27% |
| An entry @3.39. This is a Buy Stop order right above the resistance zone. | An exit @2.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.41 points, which is 12.09%. | When investing 8.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.32
-0.08 (-2.35%)
MOTORSPORT GAMES INC-A / MSGM FAQ
Can you provide the ChartMill technical rating for MOTORSPORT GAMES INC-A?
ChartMill assigns a technical rating of 10 / 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 56.7006. 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 0.0209705, 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 positive.