MADISON SQUARE GARDEN SPORTS (MSGS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MSGS - US55825T1034 - Common Stock
Overall MSGS gets a technical rating of 9 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.
Although MSGS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
178.09
7 important support areas can be observed.
- A support zone ranging from 257.90 to 259.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 253.03 to 253.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @224.27 from a trend line in the daily time frame.
- Support @215.42 from a horizontal line in the daily time frame.
- Support @207.20 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 | 85.05 | POSITIVE | MSGS has a high relative strength, it outperformed 85.05% 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) | 76.62 | OVERBOUGHT | The high RSI value suggests MSGS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests MSGS has a positive trend. |
| Stochastics (14,3) | 93.5 | OVERBOUGHT | The high Stochastics value suggests MSGS may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for MSGS suggests some volalility. |
| Average Directional Index/ADX (14) | 38.19 | POSITIVE | The high ADX value value for MSGS suggests a strong trend. |
270.88
+5.53 (+2.08%)
MADISON SQUARE GARDEN SPORTS / MSGS FAQ
What is the technical rating for MSGS stock?
ChartMill assigns a technical rating of 9 / 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 MSGS stock?
MADISON SQUARE GARDEN SPORTS (MSGS) has an RSI value of 76.6205. This indicates that the stock is currently overbought.
Can you provide the short term momentum for MADISON SQUARE GARDEN SPORTS?
The short term momentum for MADISON SQUARE GARDEN SPORTS (MSGS) is positive.
Can you provide the support and resistance levels for MADISON SQUARE GARDEN SPORTS?
MADISON SQUARE GARDEN SPORTS (MSGS) has a support level at 259.92. Check the full technical report for our detailed analysis of MSGS support and resistance levels.