MADISON SQUARE GARDEN SPORTS (MSGS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MSGS - US55825T1034 - Common Stock
We assign a technical rating of 9 out of 10 to MSGS. Both in the recent history as in the last year, MSGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MSGS has an excellent technical rating, it does not present a decent entry opportunity 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
178.09
We found 6 important support areas.
- A support zone ranging from 221.81 to 221.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @215.42 from a horizontal line in the daily time frame.
- Support @211.04 from a trend line in the daily time frame.
- Support @205.92 from a trend line in the weekly time frame.
- Support @187.36 from a horizontal line in the daily time frame.
- Support @179.89 from a horizontal line 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 MSGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSGS is up. |
| ChartMill Relative Strength | 79.72 | POSITIVE | MSGS has a high relative strength, it outperformed 79.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MSGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.06 | OVERBOUGHT | The high RSI value suggests MSGS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.19 | POSITIVE | The MACD value suggests MSGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.81 | OVERBOUGHT | The high Stochastics value suggests MSGS may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for MSGS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.23 | POSITIVE | The high ADX value value for MSGS suggests a strong trend. |
259.74
+1.79 (+0.69%)
MADISON SQUARE GARDEN SPORTS / MSGS FAQ
What is the technical rating for MSGS stock?
ChartMill assigns a technical rating of 9 / 10 to MSGS.
What is the trend direction for MSGS stock?
The current trend direction for MADISON SQUARE GARDEN SPORTS (MSGS) is Bullish.
What is the RSI signal for MSGS stock?
MADISON SQUARE GARDEN SPORTS (MSGS) has an RSI value of 76.0632. This indicates that the stock is currently overbought.
What is the short term momentum for MSGS stock?
The short term momentum for MADISON SQUARE GARDEN SPORTS (MSGS) is positive.
What is the buy/sell signal for MSGS stock?
The buy/sell signal for MADISON SQUARE GARDEN SPORTS (MSGS) is buy as both the short term and long term trends are positive.