GMGI Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Golden Matrix Group Inc (GMGI.O) Moving Averages Convergence Divergence (MACD) indicator is -0.0288, suggesting GMGI.O is Strong sell.

Golden Matrix Group Inc (GMGI.O) 20-Day simple moving average is 0.672, while Golden Matrix Group Inc (GMGI.O) share price is $0.5703, making it Sell.

Golden Matrix Group Inc (GMGI.O) 60-Day simple moving average is 0.763, while Golden Matrix Group Inc (GMGI.O) share price is $0.5703, making it Sell.

Technical Analysis for GMGI

Technical Sentiment Analysis for Golden Matrix Group Inc (GMGI) As of 2026-02-06, Golden Matrix Group Inc (GMGI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GMGI stands at 34.617, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0288, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.043 and the Commodity Channel Index (CCI) at -158.062 further confirm a -0.0853 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, GMGI is trading below its 60-day moving average of $0.763 and below its 200-day long-term moving average of $1.226. Key price levels to watch include the immediate resistance at $0.786 and strong support at $0.577. A break above $0.786 could signal a bull continuation, while falling below $0.577 may test the next Fibonacci floor at $0.469.

Golden Matrix Group Inc (GMGI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.367	0.469	0.577	0.678	0.786	0.888	0.996
Fibonacci	0.469	0.549	0.598	0.678	0.758	0.808	0.888

Golden Matrix Group Inc (GMGI) Technical Indicators

2026-02-06

Name	Value
RSI_14	34.617
STOCHk_14_3_3	16.043
STOCHd_14_3_3	38.17
CCI_20	-158.062
AO_5_34	-0.0366
MOM_10	-0.0853
MACD_12_26_9	-0.0288

Golden Matrix Group Inc (GMGI) Relative Strength Index (RSI) is 34.617, creating a Neutral signal.

Golden Matrix Group Inc (GMGI) Stochastic Oscillator is 16.043, creating a Buy signal.

Golden Matrix Group Inc (GMGI) Stochastic RSI is 38.17, creating a Neutral signal.

Golden Matrix Group Inc (GMGI) Commodity Channel Index (CCI) is -158.062, creating a Buy signal.

Golden Matrix Group Inc (GMGI) Awesome Oscillator is -0.0366, creating a Sell signal.

Golden Matrix Group Inc (GMGI) Momentum is -0.0853, creating a Sell signal.

Golden Matrix Group Inc (GMGI) MACD is -0.0288, creating a Sell signal.

Golden Matrix Group Inc (GMGI) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	0.659	Sell
MA_10	0.685	Sell
MA_20	0.672	Sell
MA_60	0.763	Sell
MA_200	1.226	Sell
MA_250	1.385	Sell

Golden Matrix Group Inc (GMGI) 5-Day simple moving average is 0.659, while Golden Matrix Group Inc (GMGI) share price is $0.5703, making it a Sell.

Golden Matrix Group Inc (GMGI) 10-Day simple moving average is 0.685, while Golden Matrix Group Inc (GMGI) share price is $0.5703, making it a Sell.

Golden Matrix Group Inc (GMGI) 20-Day simple moving average is 0.672, while Golden Matrix Group Inc (GMGI) share price is $0.5703, making it a Sell.

Golden Matrix Group Inc (GMGI) 60-Day simple moving average is 0.763, while Golden Matrix Group Inc (GMGI) share price is $0.5703, making it a Sell.

Golden Matrix Group Inc (GMGI) 200-Day simple moving average is 1.226, while Golden Matrix Group Inc (GMGI) share price is $0.5703, making it a Sell.

Golden Matrix Group Inc (GMGI) 250-Day simple moving average is 1.385, while Golden Matrix Group Inc (GMGI) share price is $0.5703, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for GMGI?

The overall technical consensus for Golden Matrix Group Inc (GMGI) is currently strong sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 4 sell signals.

What are the key support and resistance levels for Golden Matrix Group Inc (GMGI) today?

Based on pivot point calculations, Golden Matrix Group Inc (GMGI) has an immediate support level at 0.577 and a major resistance level at 0.786. Traders also monitor the pivot point at 0.678 to determine the intraday trend direction.

Is Golden Matrix Group Inc (GMGI) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Golden Matrix Group Inc (GMGI) is currently 34.617. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Golden Matrix Group Inc (GMGI)?

Golden Matrix Group Inc (GMGI) Moving Averages Convergence Divergence (MACD) indicator is -0.0288, suggesting GMGI is strong sell. This indicator helps identify potential trend reversals or momentum shifts for Golden Matrix Group Inc.

How is Golden Matrix Group Inc (GMGI) performing relative to its 200-day moving average?

Golden Matrix Group Inc (GMGI)is currently trading at $0.5703, which is below its 200-day simple moving average of 1.226. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.