Wedbush Etfmg Video Game Tech Etf ETF Forecast

Buy candidate since Jul 27, 2026 Gain 1.52%

The Wedbush MG Video Game Tech ETF price gained 0.0975% on the last trading day (Friday, 31st Jul 2026), rising from $92.31 to $92.40. It has now gained 6 days in a row. It is not often that ETFS manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the ETF fluctuated 0% from a day low at $92.40 to a day high of $92.40. The price has risen in 7 of the last 10 days and is up by 1.94% over the past 2 weeks. Volume fell on the last day by -519 shares and in total, 822 shares were bought and sold for approximately $75.95 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 5.49% during the next 3 months and, with a 90% probability hold a price between $92.81 and $103.57 at the end of this 3-month period.

GAMR Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Friday, July 10, 2026, and so far it has fallen -2.28%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. The Wedbush MG Video Game Tech ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $91.07 and $90.94. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Wedbush MG Video Game Tech ETF

Wedbush MG Video Game Tech finds support from accumulated volume at $88.91 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.433%

Since the Wedbush MG Video Game Tech has been rising for 6 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the ETF is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stop-loss: $88.81 (-3.89%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 15 days ago.)

Trading Expectations (GAMR) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Wedbush ETFMG Video Game Tech ETF to open at $92.40, and during the day (based on 14 day Average True Range), to move between $91.79 and $93.01, which gives a possible trading interval of +/-$1.22 (+/-1.33%) up or down from last closing price. If Wedbush ETFMG Video Game Tech ETF takes out the full calculated possible swing range there will be an estimated 1.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $93.42 (1.10%) than the support at $88.91 (3.78%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Wedbush ETFMG Video Game Tech ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Wedbush MG Video Game Tech ETF to perform well in the short-term.

Current score: 2.692 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $92.40 ( 0.00000000000002%).

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