Logo image of MSGM

MOTORSPORT GAMES INC-A (MSGM) Stock Technical Analysis

NASDAQ:MSGM - Nasdaq - US62011B2016 - Common Stock

1.37  -0.02 (-1.44%)

Technical Rating and Analysis

5

Taking everything into account, MSGM scores 5 out of 10 in our technical rating. In the past year, MSGM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, MSGM is a bad performer in the overall market: 88% of all stocks are doing better.
MSGM is part of the Entertainment industry. There are 71 other stocks in this industry, of which 72% are performing better than MSGM.
MSGM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month MSGM has a been trading in the 1.02 - 1.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MSGM Weekly chart
MSGM Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, MSGM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.35, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.07

2.40

3 important support areas can be observed.

  • A support zone ranging from 1.28 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.10 from a horizontal line in the weekly time frame.
  • Support @1.08 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @1.40 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.45 to 1.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.38 from a trend line in the weekly 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
CRS12.38
Mansfield-3.4
10 Day High1.58
10 Day Low1.24
20 Day High1.58
20 Day Low1.02
52 Week High4.16
52 Week Low1.01
Performance
1 Week2.24%
2 Weeks0%
1 Month20.18%
3 Month-1.44%
6 Month-38.31%
12 Month-45.2%
2 Year-93.6%
3 Year-96.33%
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
RSI(14)55.64
LBB1.25
UBB1.48
MSGM Daily chart

MOTORSPORT GAMES INC-A

NASDAQ:MSGM (1/17/2025, 8:16:09 PM)

1.37

-0.02 (-1.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.44%
1 Week2.24%
2 Weeks0%
1 Month20.18%
3 Month-1.44%
6 Month-38.31%
12 Month-45.2%
2 Year-93.6%
3 Year-96.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.25%
ATR Inc7.73%
Range Today0.1
ADR(20)0.11
ADR(20)%8.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.38
Mansfield-3.4
10 Day High1.58
10 Day Low1.24
20 Day High1.58
20 Day Low1.02
52 Week High4.16
52 Week Low1.01
CS1 End1.35
CR1 Start1.4
Volume & EV
DER(3)-5.43%
DER(5)-6.69%
Volume21.50K
Volume Incr-58.38%
Vol(5)20.18K
Vol(50)35.08K