MOTORSPORT GAMES INC-A (MSGM)

US62011B2016 - Common Stock

2.58  +0.06 (+2.38%)

After market: 2.39 -0.19 (-7.36%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to MSGM. In the past year, MSGM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than MSGM.
MSGM is one of the lesser performing stocks in the Entertainment industry. 61% of 77 stocks in the same industry do better.
MSGM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MSGM is lagging the market.
In the last month MSGM has a been trading in the 2.00 - 4.16 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MSGM Weekly chart
MSGM Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, MSGM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MSGM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

2.34

3.30

We found 1 important support area.

  • A support zone ranging from 2.36 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • Resistance @2.67 from a horizontal line in the daily time frame.
  • Resistance @2.80 from a horizontal line in the weekly time frame.
  • Resistance @3.00 from a trend line in the daily time frame.
  • Resistance @3.12 from a trend line in the daily time frame.
  • Resistance @3.27 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.07
Mansfield-3.13
10 Day High2.91
10 Day Low2.3
20 Day High4.16
20 Day Low2
52 Week High8.71
52 Week Low2
Performance
1 Week-3.01%
2 Weeks-7.53%
1 Month22.27%
3 Month0.58%
6 Month-5.15%
12 Month-47.02%
2 Year-72.26%
3 Year-98.79%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)53.75
LBB2.24
UBB3.05
MSGM Daily chart

MOTORSPORT GAMES INC-A

NASDAQ:MSGM (4/26/2024, 7:05:06 PM)

After market: 2.39 -0.19 (-7.36%)

2.58

+0.06 (+2.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.38%
1 Week-3.01%
2 Weeks-7.53%
1 Month22.27%
3 Month0.58%
6 Month-5.15%
12 Month-47.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%13.4%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.91
10 Day Low2.3
20 Day High4.16
20 Day Low2
52 Week High8.71
52 Week Low2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.50K
Volume Incr-97.88%
Vol(5)14.72K
Vol(50)287.68K