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SUPER LEAGUE GAMING INC (SLGG) Stock Technical Analysis

USA - NASDAQ:SLGG - US86804F2020 - Common Stock

0.0856 USD
-0.03 (-22.6%)
Last: 9/8/2023, 8:18:04 PM
0.0845 USD
0 (-1.29%)
After Hours: 9/8/2023, 8:18:04 PM
Technical Rating and Analysis

0

Overall SLGG gets a technical rating of 0 out of 10. SLGG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 91% are performing better than SLGG.
SLGG is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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.
Weekly and Daily overview Charts
SUPER LEAGUE GAMING INC / SLGG Weekly stock chart
SUPER LEAGUE GAMING INC / SLGG Daily stock chart
Setup Rating and Analysis

3

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SLGG is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SLGG is down.
ChartMill Relative Strength0.41NEGATIVESLGG has a low relative strength, it was outperformed by 99.59% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SLGG is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SLGG is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SLGG is below a declining SMA(200).
Relative Strength Index/RSI (14)19.83OVERSOLDThe low RSI value suggests SLGG may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests SLGG has a positive trend, although the MACD value is declining.
Stochastics (14,3)2.98OVERSOLDThe low Stochastics value suggests SLGG may be oversold.
Average True Range in percent/ATR (20)29.97HIGH VOLATILITYThe high ATR as a percentage value for SLGG suggests high volalility.
Average Directional Index/ADX (14)37.74POSITIVEThe high ADX value value for SLGG suggests a strong trend.
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)
SUPER LEAGUE GAMING INC / SLGG Daily stock chart

SUPER LEAGUE GAMING INC

NASDAQ:SLGG (9/8/2023, 8:18:04 PM)

After market: 0.0845 0 (-1.29%)

0.0856

-0.03 (-22.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryInteractive Media & Services
Performance
% Chg-22.6%
1 Week-29.26%
2 Weeks-27.15%
1 Month-73.34%
3 Month-84%
6 Month-83.2%
12 Month-89.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%29.97%
ATR Inc-10.02%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.41
Mansfield-8.5
10 Day High0.13
10 Day Low0.09
20 Day High0.37
20 Day Low0.09
52 Week High0.95
52 Week Low0.09
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-11.79%
DER(5)-8.61%
Volume5.37M
Volume Incr-25.88%
Vol(5)1.83M
Vol(50)1.42M