SHARPLINK INC (SBET) Technical Analysis
NASDAQ:SBET • US8200144058
Current stock price
7.53 USD
+0.05 (+0.67%)
At close:
7.5153 USD
-0.01 (-0.2%)
After Hours:
SBET Technical Rating and Analysis
Taking everything into account, SBET scores 4 out of 10 in our technical rating. Although SBET is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- SBET 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 SBET is lagging the market.
- Looking at the yearly performance, SBET did better than 85% of all other stocks.
- SBET is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. SBET outperforms 92% of them.
- In the last month SBET has a been trading in the 6.18 - 8.28 range, which is quite wide. It is currently trading near the high of this range.
- SBET has an average volume of 7281320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SBET Weekly and Daily overview Charts
SBET Setup Rating and Analysis
SBET has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
SBET Support and Resistance Analysis
6.42
9.54
We found 4 important support areas.
- Support @7.48 from a trend line in the daily time frame.
- A support zone ranging from 7.00 to 7.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.71 from a horizontal line in the weekly time frame.
- Support @6.48 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.54 to 7.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.14 from a horizontal line in the daily time frame.
- Resistance @9.45 from a trend line in the daily time frame.
SBET 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 | DOWN | NEGATIVE | The long term trend for SBET is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBET is neutral. |
| ChartMill Relative Strength | 85.18 | POSITIVE | SBET has a high relative strength, it outperformed 85.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SBET is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBET is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.32 | NEUTRAL | The RSI value for SBET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests SBET has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.44 | NEUTRAL | The Stochastics value for SBET is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for SBET suggests high volalility. |
| Average Directional Index/ADX (14) | 18.36 | NEGATIVE | The low ADX value for SBET suggests a weak or negative trend. |
SBET Chart- and CandleStick Pattern Analysis
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)
SBET Technicals: Chart, Performance Metrics, Trend & Indicators
7.53
+0.05 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.67%
1 Week2.31%
2 Weeks10.41%
1 Month15.14%
3 Month-28.35%
6 Month-57.46%
12 Month76.17%
2 Year-57.02%
3 Year-83.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%7.04%
ATR Inc-14%
Range Today0.62
ADR(20)0.46
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.18
3 months CRS12.75
6 months CRS6.52
Mansfield-4.48
10 Day High8.28
10 Day Low6.69
20 Day High8.28
20 Day Low6.18
52 Week High124.12
52 Week Low2.26
CS1 End7.48
CR1 Start7.54
Volume & EV
DER(3)-1.35%
DER(5)-1.8%
Volume4.41M
Volume Incr-31.33%
Vol(5)4.89M
Vol(50)7.28M
SHARPLINK INC / SBET TA FAQ
What is the ChartMill technical rating of SHARPLINK INC (SBET) stock?
ChartMill assigns a technical rating of 4 / 10 to SBET.
Can you provide the trend direction for SHARPLINK INC?
The current trend direction for SHARPLINK INC (SBET) is Bearish.
What is the RSI signal for SHARPLINK INC (SBET) stock?
SHARPLINK INC (SBET) has an RSI value of 49.3212. This indicates that the stock is currently neutral.
What is the MACD signal for SBET stock?
The MACD indicator for SHARPLINK INC (SBET) has a value of 0.130188, indicating a bearish trend.