SPORTS ENTERTAINMENT GAMING (SEGG) Technical Analysis
NASDAQ:SEGG • US54570M3060
We assign a technical rating of 1 out of 10 to SEGG. SEGG'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than SEGG.
- SEGG is part of the Hotels, Restaurants & Leisure industry. There are 125 other stocks in this industry, of which 92% are performing better than SEGG.
- In the last month SEGG has a been trading in the 0.85 - 1.56 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SEGG has an average volume of 13562100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of SEGG 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.
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0.89
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages 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 SEGG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SEGG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SEGG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SEGG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SEGG is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 40.26 | NEUTRAL | The RSI value for SEGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SEGG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.85 | OVERSOLD | The low Stochastics value suggests SEGG may be oversold. |
| Average True Range in percent/ATR (20) | 18.33 | HIGH VOLATILITY | The high ATR as a percentage value for SEGG suggests high volalility. |
| Average Directional Index/ADX (14) | 35.77 | POSITIVE | The high ADX value value for SEGG suggests a strong trend. |
SEGG Technicals: Chart, Performance Metrics, Trend & Indicators
0.9008
-0.02 (-1.98%)
SPORTS ENTERTAINMENT GAMING / SEGG FAQ
What is the technical rating for SEGG stock?
ChartMill assigns a technical rating of 1 / 10 to SEGG.
Can you provide the trend direction for SPORTS ENTERTAINMENT GAMING?
The current trend direction for SPORTS ENTERTAINMENT GAMING (SEGG) is Bearish.
What is the RSI signal for SEGG stock?
SPORTS ENTERTAINMENT GAMING (SEGG) has an RSI value of 40.2629. This indicates that the stock is currently neutral.
What is the MACD signal for SPORTS ENTERTAINMENT GAMING (SEGG) stock?
The MACD indicator for SPORTS ENTERTAINMENT GAMING (SEGG) has a value of -0.0288294, indicating a bearish trend.
Can you provide the short term momentum for SPORTS ENTERTAINMENT GAMING?
The short term momentum for SPORTS ENTERTAINMENT GAMING (SEGG) is negative.