Big movements in SharpLink Gaming Ltd. stock price on Thursday moving 20.88% between high and low

The SharpLink Gaming Ltd. stock price fell by -2.62% on the last day (Thursday, 17th Jul 2025) from $37.38 to $36.40. During the last trading day the stock fluctuated 20.88% from a day low at $32.33 to a day high of $39.08. The price has risen in 9 of the last 10 days and is up by 203.97% over the past 2 weeks. Volume has increased on the last day by 14 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 92 million shares were bought and sold for approximately $3.33 billion.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 34.45% during the next 3 months and, with a 90% probability hold a price between $18.39 and $123.96 at the end of this 3-month period.

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, May 29, 2025, and so far it has fallen -54.05%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The SharpLink Gaming Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $26.26 and $26.47. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

SharpLink Gaming Ltd. finds support from accumulated volume at $35.83 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $6.75 between high and low, or 20.88%. For the last week, the stock has had daily average volatility of 20.76%.

The SharpLink Gaming Ltd. stock is extremely overbought on RSI14 (93). This increases the short-term risk substantially.

SharpLink Gaming Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.