Taking everything into account, SBET scores 0 out of 10 in our technical rating. SBET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SBET is bad and it also does not present a quality setup 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
9.20
We found 2 important support areas.
- A support zone ranging from 9.51 to 9.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.29 to 9.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.26 to 10.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.91 from a trend line in the daily time frame.
- Resistance @17.23 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for SBET is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBET is down. |
| ChartMill Relative Strength | 38.39 | NEUTRAL | SBET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBET is below a declining 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) | UP | MIXED | The current price of SBET is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.65 | NEUTRAL | The RSI value for SBET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SBET has a positive trend. |
| Stochastics (14,3) | 34.73 | NEUTRAL | The Stochastics value for SBET is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for SBET suggests high volalility. |
| Average Directional Index/ADX (14) | 36.73 | POSITIVE | The high ADX value value for SBET suggests a strong trend. |
10.25
+0.32 (+3.22%)
SHARPLINK GAMING INC / SBET FAQ
Can you provide the ChartMill technical rating for SHARPLINK GAMING INC?
ChartMill assigns a technical rating of 0 / 10 to SBET.
What is the trend direction for SBET stock?
The current trend direction for SHARPLINK GAMING INC (SBET) is Bearish.
What is the RSI signal for SHARPLINK GAMING INC (SBET) stock?
SHARPLINK GAMING INC (SBET) has an RSI value of 37.6495. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SHARPLINK GAMING INC?
The short term momentum for SHARPLINK GAMING INC (SBET) is negative.
Can you provide the buy/sell signal for SHARPLINK GAMING INC?
The buy/sell signal for SHARPLINK GAMING INC (SBET) is sell as both the short term and long term trends are negative.