SUPER LEAGUE GAMING INC (SLGG) Technical Analysis
NASDAQ:SLGG • US86804F2020
Current stock price
SLGG Technical Rating and Analysis
Taking everything into account, SLGG scores 0 out of 10 in our technical rating. SLGG'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 SLGG.
- SLGG is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, of which 89% are performing better than SLGG.
- SLGG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SLGG is lagging the market.
- In the last month SLGG has a been trading in the 0.09 - 0.37 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.
- SLGG has an average volume of 1416180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SLGG Weekly and Daily overview Charts
SLGG Setup Rating and Analysis
The technical rating of SLGG 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
SLGG Support and Resistance Analysis
SLGG 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 SLGG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLGG is down. |
| ChartMill Relative Strength | 0.41 | NEGATIVE | SLGG has a low relative strength, it was outperformed by 99.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLGG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLGG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLGG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.83 | OVERSOLD | The low RSI value suggests SLGG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SLGG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 2.98 | OVERSOLD | The low Stochastics value suggests SLGG may be oversold. |
| Average True Range in percent/ATR (20) | 29.97 | HIGH VOLATILITY | The high ATR as a percentage value for SLGG suggests high volalility. |
| Average Directional Index/ADX (14) | 37.74 | POSITIVE | The high ADX value value for SLGG suggests a strong trend. |
SLGG Chart- and CandleStick Pattern Analysis
SLGG Technicals: Chart, Performance Metrics, Trend & Indicators
0.0856
-0.03 (-22.6%)
SUPER LEAGUE GAMING INC / SLGG TA FAQ
What is the ChartMill technical rating of SUPER LEAGUE GAMING INC (SLGG) stock?
ChartMill assigns a technical rating of 0 / 10 to SLGG.
What is the current trend direction of SUPER LEAGUE GAMING INC (SLGG) stock?
The current trend direction for SUPER LEAGUE GAMING INC (SLGG) is Bearish.
What is the RSI signal for SUPER LEAGUE GAMING INC (SLGG) stock?
SUPER LEAGUE GAMING INC (SLGG) has an RSI value of 19.8327. This indicates that the stock is currently oversold.
What is the buy/sell signal for SLGG stock?
The buy/sell signal for SUPER LEAGUE GAMING INC (SLGG) is sell as both the short term and long term trends are negative.