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Feb 02, 2021
3 Gaming Stocks Expected to Make Bullish Moves over the Next Month

3 Gaming Stocks Expected to Make Bullish Moves over the Next Month

Many gaming companies are struggling due to the restrictions on occupancy in public buildings. Large casinos have had to operate with considerably lower floor traffic than they are used to and would like. The earnings and revenue estimates for the industry have been ratcheted down as a result of the restrictions.

The stocks get hit hard during the first quarter of 2020, but most are trading back above the level they were at before the pandemic hit. Many stocks in the gaming industry have come under some selling pressure in recent weeks, but there were three that got high confidence level bullish signals on January 29. The signals call for gains of at least 4% over the next month.

The three companies are Caesars Entertainment (CZR), International Game Technology (IGT), and MGM Resorts International (MGM). The bullish signals for MGM and IGT both showed confidence levels of 89% and the one for Caesars showed a confidence level of 87%.

If you look at the fundamental analysis scores of the three stocks, you will see the struggles I mentioned earlier. IGT has two positive indicators and three negative indicators and that is the best of the three. MGM has one positive indicator and four negative ones. Caesars doesn’t have any positive indicators and it has three negative ones.

But these bullish signals are based more on the technical indicators than they are the fundamentals. We see that both IGT and Caesars have four bullish signals and three bearish signals. MGM has three bullish signals and four bearish signals.

On the fundamental side, the only area where there are multiple positive readings is the Valuation Ratings for MGM and IGT. The one area where there is consensus is that all three score poorly in the SMR Ratings.

On the technical side, there are several areas where we see consensus readings. All three stocks got bullish signals from their stochastic indicators on February 1. All three stocks have received bullish signals from the Bollinger Bands indicators within the last week, and all three have received bullish signals from the Aroon Indicator within the last few weeks.

All three companies will be reporting earnings in the next month or so and MGM and Caesars are both expected to post losses for the quarter. IGT is expected to report a small gain, but it is considerably lower than the company posted in Q4 2019. The EPS estimates for MGM and Caesars have been lowered over the last 90 days while IGT’s consensus estimate has remained constant.

Looking at the sentiment indicators for the three stocks, there were two that stood out. Analysts are extremely bearish toward MGM with only two “buy” ratings out of 19 total ratings. The other one was the short interest ratio on Caesars. The ratio is currently at 5.0 and that is higher than the average stock.

The complete analysis and comparison of the three stocks appears below.

Related Ticker: BRSL

Contributor

Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.


BRSL in upward trend: price may jump up because it broke its lower Bollinger Band on September 24, 2026

BRSL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 32 of 49 cases where BRSL's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 65%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BRSL's RSI Oscillator exited the oversold zone, 17 of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 55%.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 22 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a +1.22% 3-day Advance, the price is estimated to grow further. Considering data from situations where BRSL advanced for three days, in 178 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 60%.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BRSL as a result. In 73 of 98 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 74%.

The Moving Average Convergence Divergence Histogram (MACD) for BRSL turned negative on August 31, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 33 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 70%.

BRSL moved below its 50-day moving average on September 10, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BRSL crossed bearishly below the 50-day moving average on September 17, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 50%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BRSL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 74%.

The Aroon Indicator for BRSL entered a downward trend on October 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of 3 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.127) is normal, around the industry mean (4.801). P/E Ratio (10.389) is within average values for comparable stocks, (74.206). BRSL's Projected Growth (PEG Ratio) (1.740) is slightly higher than the industry average of (0.476). BRSL's Dividend Yield (0.092) is considerably higher than the industry average of (0.010). P/S Ratio (0.806) is also within normal values, averaging (1.692).

The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is 77 (best 1 - 100 worst), indicating slightly worse than average price growth. BRSL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BRSL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 99, placing this stock worse than average.

Industry description

Casinos/Gaming includes companies that operate casinos, gaming services, horse racing and harness racing facilities. Think Las Vegas Sands Corp., MGM Resorts International and Wynn Resorts, Ltd. In periods of strong economic growth, consumers tend to spend on discretionary/leisure activities like gambling or games; but consumption is likely to slow down when there’s economic sluggishness.

Market Cap

The average market capitalization across the Casinos/Gaming Industry is 2.92B. The market cap for tickers in the group ranges from 3.74K to 35.21B. PDYPY holds the highest valuation in this group at 35.21B. The lowest valued company is ELYS at 3.74K.

High and low price notable news

The average weekly price growth across all stocks in the Casinos/Gaming Industry was -3%. For the same Industry, the average monthly price growth was -16%, and the average quarterly price growth was -11%. RSI experienced the highest price growth at 7%, while BRAG experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Casinos/Gaming Industry was 27%. For the same stocks of the Industry, the average monthly volume growth was 130% and the average quarterly volume growth was 32%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 70
Price Growth Rating: 73
SMR Rating: 75
Profit Risk Rating: 98
Seasonality Score: 17 (-100 ... +100)
Related Portfolios: THE GAMING INDUSTRY
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General Information

a manufacturer of electronic gaming equipment, software and network systems

Industry CasinosGaming

Industry
Casinos Or Gaming
Address
2 and 3 Eldon Street
Phone
+44 2038661240
Employees
5815
Web
https://www.brightstarlottery.com
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