SCIENTIFIC GAMES CORP (SGMS) Stock Technical Analysis
USA - NASDAQ:SGMS - US80874P1093 - Common Stock
Taking everything into account, SGMS scores 2 out of 10 in our technical rating. Although SGMS 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.
SGMS has a bad 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
54.27
We found 1 important support area.
- Support @54.82 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 58.58 to 60.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.14 from a trend line in the daily time frame.
- A resistance zone ranging from 62.16 to 64.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.15 from a horizontal 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 SGMS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGMS is down. |
| ChartMill Relative Strength | 84.13 | POSITIVE | SGMS has a high relative strength, it outperformed 84.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SGMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.07 | NEUTRAL | The RSI value for SGMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests SGMS has a negative trend. |
| Stochastics (14,3) | 20.17 | NEUTRAL | The Stochastics value for SGMS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for SGMS suggests high volalility. |
58.07
+1.32 (+2.33%)
SCIENTIFIC GAMES CORP / SGMS FAQ
What is the technical rating for SGMS stock?
ChartMill assigns a technical rating of 1 / 10 to SGMS.
What is the current trend direction of SCIENTIFIC GAMES CORP (SGMS) stock?
The current trend direction for SCIENTIFIC GAMES CORP (SGMS) is Bearish.
What is the RSI signal for SCIENTIFIC GAMES CORP (SGMS) stock?
SCIENTIFIC GAMES CORP (SGMS) has an RSI value of 47.0732. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SCIENTIFIC GAMES CORP?
The MACD indicator for SCIENTIFIC GAMES CORP (SGMS) has a value of -0.190523, indicating a bearish trend.
What is the short term momentum for SCIENTIFIC GAMES CORP (SGMS) stock?
The short term momentum for SCIENTIFIC GAMES CORP (SGMS) is negative.