GOLDEN MATRIX GROUP INC (GMGI)
US3810983003 - Common Stock
We assign a technical rating of 4 out of 10 to GMGI. GMGI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
GMGI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GMGI is lagging the market.
GMGI is part of the Entertainment industry. There are 72 other stocks in this industry. GMGI outperforms 73% of them.
In the last month GMGI has a been trading in the 1.86 - 2.60 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, GMGI did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GMGI has an average technical rating and it also does not offer a high 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
1.94
2.77
When analyzing the support we notice one important area.
- Support @1.96 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.47 to 2.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.74 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.54
Mansfield-1.93
10 Day High2.6
10 Day Low1.86
20 Day High2.6
20 Day Low1.86
52 Week High6.27
52 Week Low1.86
Performance
1 Week18.1%
2 Weeks21.57%
1 Month23.38%
3 Month10.22%
6 Month0.81%
12 Month16.98%
2 Year-23.93%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)66.24
LBB1.82
UBB2.32
GOLDEN MATRIX GROUP INC
NASDAQ:GMGI (1/15/2025, 9:34:34 AM)
2.3908
-0.09 (-3.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-3.6%
1 Week18.1%
2 Weeks21.57%
1 Month23.38%
3 Month10.22%
6 Month0.81%
12 Month16.98%
2 Year-23.93%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.22%
ATR Inc214.54%
Range Today0.09
ADR(20)0.15
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.54
Mansfield-1.93
10 Day High2.6
10 Day Low1.86
20 Day High2.6
20 Day Low1.86
52 Week High6.27
52 Week Low1.86
CS1 End1.96
CR1 Start2.74
Volume & EV
DER(3)2.78%
DER(5)-2.7%
Volume6.00K
Volume Incr75.2%
Vol(5)241.70K
Vol(50)131.51K