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Golden Matrix Group, Inc.

GMGI•NASDAQ
Technology
Electronic Gaming & Multimedia
$0.57
$-0.00(-0.26%)
U.S. Market is Open • 15:53

Golden Matrix Group, Inc. (GMGI) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Golden Matrix Group, Inc. (NASDAQ:GMGI).

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

GMGI Technical Analysis Summary

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

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.94)
Trend Strength:Moderate (ADX: 24.17)
Volatility:High (ATR: 0.07)
Support/Resistance:$0.48 – $0.75 (Bollinger Bands)

Overall, Golden Matrix Group, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 36.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.18

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.59

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.45

Strongly Bearish
Sharp downside momentum.

Takeaway:Golden Matrix Group, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.17

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): -115.27

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Golden Matrix Group, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.75
Middle Band (SMA 20)
$0.62
Lower Band
$0.48
Current Position
Within Bands

Takeaway:Golden Matrix Group, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.73
Middle Line (EMA 20)
$0.60
Lower Channel
$0.47
Squeeze Status
No Squeeze

Takeaway:Golden Matrix Group, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.11M
Money Flow Index23.81Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.64Bearish, price momentum favors sellers.

Overall Takeaway:GMGI shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Golden Matrix 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

RVI below 50 → vigor tilted toward sellers.

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

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