Esports Entertainment Group Stock Technical Analysis

GMBLDelisted Stock  USD 0.54  0.08  12.90%   
As of the 29th of December, Esports Entertainment shows the Mean Deviation of 4.01, variance of 29.09, and Standard Deviation of 5.39. Esports Entertainment technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Esports Entertainment information ratio and potential upside to decide if Esports Entertainment is priced favorably, providing market reflects its regular price of 0.54 per share. As Esports Entertainment is a penny stock we also recommend to verify its jensen alpha numbers.

Esports Entertainment Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Esports, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Esports
  
Esports Entertainment's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Esports Entertainment technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Esports Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Esports Entertainment trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Esports Entertainment Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Esports Entertainment Trend Analysis

Use this graph to draw trend lines for Esports Entertainment Group. You can use it to identify possible trend reversals for Esports Entertainment as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Esports Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Esports Entertainment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Esports Entertainment Group applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Esports Entertainment Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.12, which is the sum of squared deviations for the predicted Esports Entertainment price change compared to its average price change.

About Esports Entertainment Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Esports Entertainment Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Esports Entertainment Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Esports Entertainment price pattern first instead of the macroeconomic environment surrounding Esports Entertainment. By analyzing Esports Entertainment's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Esports Entertainment's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Esports Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.

Esports Entertainment December 29, 2024 Technical Indicators

Most technical analysis of Esports help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Esports from various momentum indicators to cycle indicators. When you analyze Esports charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Consideration for investing in Esports Pink Sheet

If you are still planning to invest in Esports Entertainment check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Esports Entertainment's history and understand the potential risks before investing.
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Volatility Analysis
Get historical volatility and risk analysis based on latest market data