MOTORSPORT GAMES INC-A (MSGM) Stock Technical Analysis
NASDAQ:MSGM - Nasdaq - US62011B2016 - Common Stock - Currency: USD
Taking everything into account, MSGM scores 8 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, MSGM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.70, 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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2.67
When analyzing the support we notice one important area.
- A support zone ranging from 2.70 to 2.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.91 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.09 to 3.10. 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 | 97.5 | POSITIVE | MSGM has a high relative strength, it outperformed 97.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MSGM is above 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) | 56.69 | NEUTRAL | The RSI value for MSGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MSGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.38 | NEUTRAL | The Stochastics value for MSGM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for MSGM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.41 | 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 |
|---|---|---|---|
| 2.99 | 2.68 | 0.31 (10.37%) | 9.65% |
| An entry @2.99. This is a Buy Stop order right above the resistance zone. | An exit @2.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 10.37%. | When investing 9.65% 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.
NASDAQ:MSGM (7/1/2025, 1:59:10 PM)
2.9
0 (0%)