Technical Analysis for MSGE - Madison Square Garden Entertainment Corp.

Grade Last Price % Change Price Change
B 33.03 0.92% 0.30
MSGE closed up 0.92 percent on Thursday, September 28, 2023, on 70 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
50 DMA Resistance Bearish 0.92%
20 DMA Support Bullish 0.92%
NR7 Range Contraction 0.92%
Fell Below 50 DMA Bearish 1.79%
20 DMA Support Bullish 1.79%
Calm After Storm Range Contraction 1.79%
Upper Bollinger Band Touch Strength 1.79%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 10 hours ago
Rose Above Previous Day's High about 15 hours ago
Rose Above 50 DMA about 15 hours ago
Rose Above 10 DMA about 15 hours ago
Up 1% about 15 hours ago

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Madison Square Garden Entertainment Corp. Description

Madison Square Garden Entertainment Corp. operates in the entertainment business. The company produces, presents, and hosts various live entertainment events, including concerts, sporting events, family shows, performing arts events, and special events in its venues, including The Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, the Forum, and The Chicago Theatre. It also creates, produces, and/or presents live productions, which include the Christmas Spectacular that are performed in its venues. In addition, the company promotes, produces, and/or presents various other live sporting events, such as professional boxing, college basketball, college hockey, professional bull riding, mixed martial arts, esports, and college wrestling. Further, it operates 30 entertainment dining and nightlife venues comprising 13 venues in New York City, six venues in Las Vegas, five venues in Los Angeles, one venue in Chicago, four venues in Singapore, and one venue in Sydney, Australia; creates and operates New England's premier music festival; and operates a mix of iconic performance venues. The company is based in New York, New York. Madison Square Garden Entertainment Corp.(NYSE:MSGE) operates independently of Madison Square Garden Sports Corp. as of April 17, 2020.


Sector: Communication Services
Industry: Entertainment
Keywords: Esports Basketball Wrestling Cablevision Madison Square Garden Madison Square Garden Company Msg Network Beacon Theatre Hulu Hulu Theater Mixed Martial Arts Radio City Radio City Music Hall

Is MSGE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 40.81
52 Week Low 28.09
Average Volume 417,466
200-Day Moving Average 0.00
50-Day Moving Average 32.77
20-Day Moving Average 32.51
10-Day Moving Average 32.75
Average True Range 1.15
RSI (14) 53.92
ADX 8.2
+DI 21.30
-DI 20.90
Chandelier Exit (Long, 3 ATRs) 30.80
Chandelier Exit (Short, 3 ATRs) 33.45
Upper Bollinger Bands 33.44
Lower Bollinger Band 31.58
Percent B (%b) 0.78
BandWidth 5.74
MACD Line 0.09
MACD Signal Line 0.02
MACD Histogram 0.0707
Fundamentals Value
Market Cap 647.82 Million
Num Shares 19.6 Million
EPS -2.04
Price-to-Earnings (P/E) Ratio -16.19
Price-to-Sales 3.12
Price-to-Book 0.67
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.90
Resistance 3 (R3) 33.92 33.64 33.76
Resistance 2 (R2) 33.64 33.42 33.64 33.71
Resistance 1 (R1) 33.34 33.28 33.49 33.32 33.66
Pivot Point 33.06 33.06 33.14 33.06 33.06
Support 1 (S1) 32.76 32.84 32.91 32.74 32.40
Support 2 (S2) 32.48 32.70 32.48 32.35
Support 3 (S3) 32.18 32.48 32.31
Support 4 (S4) 32.16