GAME NEWS why is Shanda Games Limited price falling or rising

GAME NEWS reasons for why stock price of Shanda Games Limited is falling or rising

GAME Shanda Games is falling or rising technical reasons

Technical analysis forecast of Shanda Games Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shanda Games GAME at this time. Stock is rising and might rise more.

It appears as if Shanda Games GAME gave a large move recently.

Stock of Shanda Games (GAME) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

GAME Shanda Games is falling or rising NEWS fundamental reasons

After e-commerce, it's time for gCommerce: Nazara, ONDC launch new in-game shopping platform Nazara Technologies and ONDC partnered to launch gCommerce. The platform will integrate e-commerce within games. It will provide Indian game developers with new revenue options. gCommerce will connect players to sellers on the ONDC network. Players can sh - NEWS as on 2024-11-13 indiatimes.com

More announcements and NEWS

GAME Shanda Games Limited current price & indicator signals

Moving Averages for Shanda Games Limited

  • 5Day Average: 0.87
  • 12Day Average: 0.91
  • 20Day Average: 0.86
  • 50Day Average: 0.82
  • 100Day Average: 0.95
  • 150Day Average: 1.06
  • 200Day Average: 1.19

GAME Indicators & signals

Indicator MACD (12,26,9)

0.88, 0.86, 0.02
Indicator MACD is in positive zone

Indicator ADX (14)

0, 63.64, 63.64
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GAME Shanda Games Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 0.87 0.86 to 0.91 -2.25% 0.24 times
21 Thu Nov 2024 0.89 0.88 to 0.92 1.14% 0.34 times
20 Wed Nov 2024 0.88 0.85 to 0.91 3.53% 0.66 times
19 Tue Nov 2024 0.85 0.79 to 0.88 -2.3% 0.86 times
18 Mon Nov 2024 0.87 0.82 to 0.89 3.57% 0.58 times
15 Fri Nov 2024 0.84 0.78 to 1.01 -14.29% 1.83 times
14 Thu Nov 2024 0.98 0.96 to 1.05 -3.92% 0.94 times
13 Wed Nov 2024 1.02 0.95 to 1.05 -0.97% 0.86 times
12 Tue Nov 2024 1.03 0.96 to 1.10 0% 1.56 times
11 Mon Nov 2024 1.03 0.83 to 1.09 22.62% 1.93 times
08 Fri Nov 2024 0.84 0.83 to 0.90 -2.33% 0.43 times
07 Thu Nov 2024 0.86 0.79 to 0.90 2.38% 2.94 times

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GAME NEWS why is Shanda Games Limited price falling or rising

 

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