MADISON SQUARE GARDEN ENTERT (MSGE) Stock Technical Analysis
NYSE:MSGE - New York Stock Exchange, Inc. - US5582561032 - Common Stock - Currency: USD
Taking everything into account, MSGE scores 0 out of 10 in our technical rating. MSGE 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.
When comparing the yearly performance of all stocks, MSGE is a bad performer in the overall market: 73% of all stocks are doing better.
MSGE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MSGE is part of the Entertainment industry. There are 72 other stocks in this industry, MSGE did better than 46% of them.
In the last month MSGE has a been trading in the 28.29 - 34.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MSGE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
29.39
39.26
We found 1 important support area.
- Support @29.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @32.43 from a trend line in the daily time frame.
- A resistance zone ranging from 34.10 to 34.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 34.98 to 35.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.79 from a horizontal line in the daily time frame.
- Resistance @38.87 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.78
Mansfield-1.08
10 Day High32.28
10 Day Low28.29
20 Day High34.56
20 Day Low28.29
52 Week High44.14
52 Week Low28.29
Performance
1 Week1.15%
2 Weeks-2.11%
1 Month-9.79%
3 Month-14.66%
6 Month-29.16%
12 Month-19.11%
2 Year-4.9%
3 Year-58.1%
5 Year-62.89%
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)-0.02
RSI(14)44.5
LBB28.23
UBB33.82
30.69
+0.62 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.06%
1 Week1.15%
2 Weeks-2.11%
1 Month-9.79%
3 Month-14.66%
6 Month-29.16%
12 Month-19.11%
2 Year-4.9%
3 Year-58.1%
5 Year-62.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%4.68%
ATR Inc-48.75%
Range Today0.71
ADR(20)1.3
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.78
Mansfield-1.08
10 Day High32.28
10 Day Low28.29
20 Day High34.56
20 Day Low28.29
52 Week High44.14
52 Week Low28.29
CS1 End29.69
CR1 Start32.43
Volume & EV
DER(3)-3.34%
DER(5)-2.69%
Volume156.80K
Volume Incr-28.97%
Vol(5)262.50K
Vol(50)365.71K