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Esports Entertainment Group, Inc.

Esports Entertainment Group, Inc. (GMBL) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Esports Entertainment Group, Inc..

GMBLNASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$0.10
$0.00(0.00%)
U.S. Market opens in 1h 27m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GMBL Technical Analysis Summary

Esports Entertainment Group, Inc. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.93)
Trend Strength:Strong (ADX: 32.42)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.08 – $0.20 (Bollinger Bands)

Overall, Esports Entertainment Group, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 32.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -40.83

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.42

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -77.90

Bearish
Bearish, momentum remains under pressure.

Takeaway:Esports Entertainment Group, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.20
Middle Band (SMA 20)
$0.14
Lower Band
$0.08
Current Position
Within Bands

Takeaway:Esports Entertainment Group, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.15
Middle Line (EMA 20)
$0.13
Lower Channel
$0.11
Squeeze Status
No Squeeze

Takeaway:Esports Entertainment Group, Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-15.63K
Money Flow Index41.53Neutral, balanced money flows with no clear signal.
Relative Vigor Index18.25Bearish, price momentum favors sellers.

Overall Takeaway:GMBL shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Esports Entertainment Group, Inc., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Esports Entertainment Group, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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