MADISON SQUARE GARDEN SPORTS (MSGS) Technical Analysis
NYSE:MSGS • US55825T1034
Current stock price
MSGS Technical Rating and Analysis
Overall MSGS gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MSGS is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by MSGS over the past year are nicely spread over this period.
- MSGS is part of the Entertainment industry. There are 79 other stocks in this industry. MSGS outperforms 88% of them.
- MSGS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- MSGS 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.
MSGS Weekly and Daily overview Charts
MSGS Setup Rating and Analysis
Besides having an excellent technical rating, MSGS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
MSGS Support and Resistance Analysis
180.30
4 important support areas can be observed.
- A support zone ranging from 307.30 to 307.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @246.68 from a trend line in the daily time frame.
- Support @216.80 from a trend line in the weekly time frame.
- Support @182.12 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 333.95 to 336.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 341.76 to 341.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
MSGS Technical Indicator Signal Analysis
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 | 89.94 | POSITIVE | MSGS has a high relative strength, it outperformed 89.94% 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) | 56.91 | NEUTRAL | The RSI value for MSGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests MSGS has a negative trend. |
| Stochastics (14,3) | 56.99 | NEUTRAL | The Stochastics value for MSGS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for MSGS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for MSGS suggests a weak or negative trend. |
MSGS Chart- and CandleStick Pattern Analysis
MSGS Example Setup
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 |
|---|---|---|---|
| 336.04 | 320.73 | 15.31 (4.56%) | 21.95% |
| An entry @336.04. This is a Buy Stop order right above the resistance zone. | An exit @320.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 15.31 points, which is 4.56%. | For a 1.00% total portfolio risk, you can invest 21.95% of your capital in this trade. |
- 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.
MSGS Technicals: Chart, Performance Metrics, Trend & Indicators
333.16
-1.96 (-0.58%)
MADISON SQUARE GARDEN SPORTS / MSGS TA FAQ
What is the technical rating for MSGS stock?
ChartMill assigns a technical rating of 10 / 10 to MSGS.
Can you provide the trend direction for MADISON SQUARE GARDEN SPORTS?
The current trend direction for MADISON SQUARE GARDEN SPORTS (MSGS) is Bullish.
What is the RSI signal for MADISON SQUARE GARDEN SPORTS (MSGS) stock?
MADISON SQUARE GARDEN SPORTS (MSGS) has an RSI value of 56.9096. This indicates that the stock is currently neutral.
What is the MACD signal for MADISON SQUARE GARDEN SPORTS (MSGS) stock?
The MACD indicator for MADISON SQUARE GARDEN SPORTS (MSGS) has a value of -0.487569, indicating a bearish trend.
Can you provide the buy/sell signal for MADISON SQUARE GARDEN SPORTS?
The buy/sell signal for MADISON SQUARE GARDEN SPORTS (MSGS) is buy as both the short term and long term trends are positive.