Stock Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
ESPORTS ENTERTAINMENT GROUP (NASDAQ:GMBL)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for GMBL
The long term trend has been UP since May 18th, 2018 at 1.00000
The intermediate term trend has been UP since Jul 23rd, 2018 at 0.85495
The short term trend has been DOWN since Jul 26th, 2018 at 0.84000
Smart Scan Analysis for GMBL
Based on a pre-defined weighted trend formula for chart analysis, GMBL scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.35||Year High Date||2018-05-21|
|Year Low||0.147||Year Low Date||2018-04-20|
|52wk High||2.7||52wk High Date||2017-09-05|
|52wk Low||0.147||52wk Low Date||2018-04-20|