MOTORSPORT GAMES INC-A (MSGM)

US62011B2016 - Common Stock

1.1  +0.04 (+3.77%)

Technical Rating and Analysis

0

Taking everything into account, MSGM scores 0 out of 10 in our technical rating. MSGM'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.
When comparing the yearly performance of all stocks, MSGM is a bad performer in the overall market: 89% of all stocks are doing better.
MSGM is one of the lesser performing stocks in the Entertainment industry. 83% of 72 stocks in the same industry do better.
MSGM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MSGM is lagging the market.
In the last month MSGM has a been trading in the 1.02 - 1.43 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MSGM has an average volume of 26135 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
MSGM Weekly chart
MSGM Daily chart
Setup Rating and Analysis

3

The technical rating of MSGM 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.

Support and Resistance Analysis

1.08

1.35

When analyzing the support we notice one important area.

  • Support @1.09 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.21 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.34 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.13
Mansfield-5.04
10 Day High1.4
10 Day Low1.02
20 Day High1.43
20 Day Low1.02
52 Week High4.16
52 Week Low1.01
Performance
1 Week-6.05%
2 Weeks-16.67%
1 Month-2.65%
3 Month0%
6 Month-53.97%
12 Month-58.65%
2 Year-73.49%
3 Year-96.76%
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)-0.02
RSI(14)40.28
LBB1.02
UBB1.37
MSGM Daily chart

MOTORSPORT GAMES INC-A

NASDAQ:MSGM (12/20/2024, 8:25:45 PM)

1.1

+0.04 (+3.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg3.77%
1 Week-6.05%
2 Weeks-16.67%
1 Month-2.65%
3 Month0%
6 Month-53.97%
12 Month-58.65%
2 Year-73.49%
3 Year-96.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%9.15%
ATR Inc-27.51%
Range Today0.06
ADR(20)0.1
ADR(20)%9.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.13
Mansfield-5.04
10 Day High1.4
10 Day Low1.02
20 Day High1.43
20 Day Low1.02
52 Week High4.16
52 Week Low1.01
CS1 End1.09
CR1 Start1.21
Volume & EV
DER(3)-11.14%
DER(5)-0.57%
Volume25.30K
Volume Incr23.73%
Vol(5)37.68K
Vol(50)26.14K