NEOGAMES SA (NGMS)

LU2263803020 - Common Stock

29.45  +0.02 (+0.07%)

Technical Rating and Analysis

8

Overall NGMS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, NGMS has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
NGMS is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. NGMS outperforms 96% of them.
A new 52 week high is currently being made by NGMS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
Looking at the yearly performance, NGMS did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NGMS has a been trading in a tight range between 28.90 and 29.47.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NGMS Weekly chart
NGMS Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, NGMS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 29.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

25.86

29.90

We found 4 important support areas.

  • A support zone ranging from 28.79 to 29.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @28.25 from a horizontal line in the daily time frame.
  • Support @27.65 from a horizontal line in the daily time frame.
  • Support @26.12 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 29.46 to 29.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS95.35
Mansfield0.08
10 Day High29.47
10 Day Low29.02
20 Day High29.47
20 Day Low28.9
52 Week High29.47
52 Week Low12.51
Performance
1 Week0.2%
2 Weeks1.52%
1 Month1.83%
3 Month4.82%
6 Month15.76%
12 Month118.96%
2 Year125.33%
3 Year-40.01%
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)0.01
RSI(14)73.46
LBB28.89
UBB29.62
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.

ENTRYEXITDISTANCECAPITAL
29.6129.010.60 (2.03%)25.00%
An entry @29.61. This is a Buy Stop order right above the resistance zone.An exit @29.01. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.60 points, which is 2.03%.For a 0.51% total portfolio risk, you can invest 25.00% 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.
NGMS Daily chart

NEOGAMES SA

NASDAQ:NGMS (4/23/2024, 7:15:31 PM)

29.45

+0.02 (+0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.07%
1 Week0.2%
2 Weeks1.52%
1 Month1.83%
3 Month4.82%
6 Month15.76%
12 Month118.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%0.34%
ATR Inc
Range Today0.03
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 High29.47
10 Day Low29.02
20 Day High29.47
20 Day Low28.9
52 Week High29.47
52 Week Low12.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume211.90K
Volume Incr105.94%
Vol(5)577.54K
Vol(50)185.87K