5.19
price down icon2.08%   -0.11
after-market  After Hours:  5.23  0.04   +0.77%
loading

Golden Matrix Group Inc Stock (GMGI) Forecast

The Golden Matrix Group Inc (GMGI) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $1.3353, representing a -74.27% decrease from the current price of $5.19. The highest analyst price target is $2.3838, and the lowest is $0.2867.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month GMGI Price Target
Average 1.5011 (-71.08% Downside)
loading

Is Golden Matrix Group Inc (GMGI) A Buy Now?

Oscillators
Name Value Action
RSI(14) 70.02 Sell
STOCH(9,6) 90.41 Sell
STOCHRSI(14) 84.31 Sell
MACD(12,26) 0.5467 Buy
ADX(14) 37.13 Buy
William %R -14.87 Sell
CCI(14) 98.18 Neutral
Buy: 2 Sell: 4 Neutral: 1
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
4.709
Buy
4.7543
Buy
MA20
4.1615
Buy
4.2898
Buy
MA50
3.4122
Buy
3.6475
Buy
MA100
3.0338
Buy
3.2487
Buy
MA200
2.8109
Buy
2.9761
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, GMGI could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 4 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on GMGI, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 70.02 indicates that GMGI is overbought. This suggests that GMGI price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 90.41 indicates that GMGI is oversold. This means that GMGI price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 84.31 indicates that GMGI is oversold. This suggests that GMGI price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 37.13 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 98.18 indicates that GMGI is still overbought but not to an extreme extent.

Long-term GMGI price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Golden Matrix Group Inc financial reports and earnings history, Golden Matrix Group Inc (GMGI) stock could reach $5.5363 by 2030, $14.27 by 2040 and $22.26 by 2050. See the projected annual prices until 2050 of the Golden Matrix Group Inc stock below:

  • Golden Matrix Group Inc (GMGI) is expected to reach an average price of $9.1515 in 2035, with a high prediction of $9.0316 and a low estimate of $9.1506. This indicates an $76.33% rise from the last recorded price of $5.19.
  • Golden Matrix Group Inc (GMGI) stock is projected to chart a bullish course in 2040, with an average price target of $14.39, representing an $177.27% surge from its current level. The forecast ranges from a conservative $14.54 to a sky-high $14.27.
  • Our analysts predict Golden Matrix Group Inc (GMGI) to jump 257.61% by 2045, soaring from $18.57 to an average price of $18.56, potentially reaching $18.41. While $18.57 is the low estimate, the potential upside is significant.
  • Golden Matrix Group Inc (GMGI) stock is expected to climb by 2050, reaching an average of $21.04, a $305.49% jump from its current level. However, a wide range of estimates exists, with high and low targets of $22.26 and $21.89, respectively, highlighting the market's uncertainty.

Golden Matrix Group Inc Stock (GMGI) Year by Year Forecast

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2024

Our forecast for GMGI stock price in 2024 now indicates an average price target of $2.1258 with a high forecast of $4.19 and a low forecast of $0.0616. The average prediction reflects an decrease of -59.04% from the last recorded price of $5.19.
Month Average Low High Change from today's price
June, 2024 $1.7767 $0.2867 $2.3838 -65.77%
July, 2024 $1.8215 $0.6848 $2.9405 -64.90%
August, 2024 $1.7053 $1.3953 $2.3034 -67.14%
September, 2024 $1.1992 $1.0192 $2.1763 -76.89%
October, 2024 $0.944 $0.734 $1.7144 -81.81%
November, 2024 $0.4628 $0.4378 $1.2269 -91.08%
December, 2024 $0.0384 $0.0616 $0.6588 -99.26%

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2025

Golden Matrix Group Inc Stock (GMGI) is expected to reach an average price of $0.9572 in 2025, with a high prediction of $1.8987 and a low estimate of $0.0157. This indicates an -81.56% fall from the last recorded price of $5.19.
Month Average Low High Change from today's price
January, 2025 $0.2137 $0.1964 $0.3155 -95.88%
February, 2025 $0.4737 $0.2526 $0.1351 -90.87%
March, 2025 $1.0441 $0.0758 $1.334 -79.88%
April, 2025 $0.8789 $0.4661 $1.8987 -83.07%
May, 2025 $0.7027 $0.6718 $1.3799 -86.46%
June, 2025 $0.0234 $0.1034 $1.3447 -99.55%
July, 2025 $0.1186 $0.0715 $0.6115 -97.71%
August, 2025 $0.0948 $0.0157 $0.1843 -98.17%
September, 2025 $0.2609 $0.1429 $0.0971 -94.97%
October, 2025 $0.0162 $0.0819 $0.681 -99.69%
November, 2025 $0.0423 $0.1923 $0.1142 -99.18%
December, 2025 $0.9825 $0.0814 $1.5796 -81.07%

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2026

The predicted value for Golden Matrix Group Inc (GMGI) in 2026 is set at an average of $1.2971. Estimates vary from a peak of $2.458 to a trough of $0.1362, indicating an -75.01% surge from the present price of $5.19.
Month Average Low High Change from today's price
January, 2026 $0.7163 $0.5963 $1.0643 -86.20%
February, 2026 $0.4902 $0.2874 $0.8292 -90.56%
March, 2026 $0.664 $0.223 $0.784 -87.21%
April, 2026 $0.3588 $0.1688 $0.7149 -93.09%
May, 2026 $0.2126 $0.1426 $0.5897 -95.90%
June, 2026 $1.4865 $0.1636 $1.6465 -71.36%
July, 2026 $1.0713 $0.5474 $1.8031 -79.36%
August, 2026 $1.1751 $0.9351 $1.8031 -77.36%
September, 2026 $1.4675 $0.477 $2.458 -71.72%
October, 2026 $0.8942 $0.1362 $0.89 -82.77%
November, 2026 $1.2266 $1.1938 $1.2266 -76.37%
December, 2026 $1.127 $1.257 $1.7127 -78.29%

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Golden Matrix Group Inc (GMGI) is $2.0753, with a high forecast of $2.9275 and a low forecast of $1.2231. This indicates an -60.01% decrease from the last price of $5.19.
Month Average Low High Change from today's price
January, 2027 $1.1993 $1.2231 $1.0593 -76.89%
February, 2027 $1.6616 $1.4674 $1.1255 -67.98%
March, 2027 $1.862 $1.684 $1.622 -64.12%
April, 2027 $2.2994 $1.8476 $1.7901 -55.70%
May, 2027 $2.7567 $2.6897 $2.5668 -46.88%
June, 2027 $2.8772 $2.8929 $2.7929 -44.56%
July, 2027 $3.0934 $2.9052 $2.7394 -40.40%
August, 2027 $1.5318 $2.6517 $2.9275 -70.49%
September, 2027 $1.6422 $1.8098 $1.672 -68.36%
October, 2027 $1.7745 $1.6203 $1.4945 -65.81%
November, 2027 $2.4568 $1.8083 $1.8668 -52.66%
December, 2027 $2.4972 $2.483 $2.3192 -51.88%

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2028

In 2028, Golden Matrix Group Inc (GMGI) is projected to reach an average price of $1.5774, with a high projection of $2.3376 and a low estimate of $0.8171. This indicates an -69.61% fall from the last price of $5.19.
Month Average Low High Change from today's price
January, 2028 $2.4296 $2.3615 $2.3203 -53.19%
February, 2028 $2.5519 $2.4557 $2.3376 -50.83%
March, 2028 $2.2523 $2.1761 $2.2868 -56.60%
April, 2028 $2.2346 $2.3846 $2.3285 -56.94%
May, 2028 $1.155 $1.4869 $1.4127 -77.74%
June, 2028 $1.3774 $1.4193 $1.2023 -73.46%
July, 2028 $1.5597 $1.6316 $1.4035 -69.95%
August, 2028 $1.5101 $1.5801 $1.5239 -70.90%
September, 2028 $1.5924 $1.6963 $1.5682 -69.32%
October, 2028 $1.6948 $1.6186 $1.4567 -67.35%
November, 2028 $0.6952 $0.8171 $0.7709 -86.61%
December, 2028 $0.7375 $0.841 $0.7594 -85.79%

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2029

The 2029 price forecast for Golden Matrix Group Inc Stock (GMGI) is $2.7936 on average, with a high prediction of $5.4893 and a low estimate of $0.0979. This represents an -46.17% decrease from the previous price of $5.19.
Month Average Low High Change from today's price
January, 2029 $0.9479 $0.6737 $0.528 -81.74%
February, 2029 $0.4119 $0.0979 $0.7259 -92.06%
March, 2029 $3.9414 $2.457 $3.2013 -24.06%
April, 2029 $4.2299 $4.23 $4.2299 -18.50%
May, 2029 $4.0755 $4.2055 $4.6941 -21.47%
June, 2029 $4.104 $4.1497 $3.964 -20.93%
July, 2029 $4.5225 $4.3611 $4.0082 -12.86%
August, 2029 $4.6681 $4.5009 $4.4281 -10.06%
September, 2029 $5.0616 $4.6317 $4.5852 -2.47%
October, 2029 $5.6122 $5.4409 $5.2852 +8.13%
November, 2029 $5.5408 $5.5893 $5.4893 +6.76%
December, 2029 $5.7132 $5.5578 $5.3592 +10.08%

Golden Matrix Group Inc Stock (GMGI) Price Forecast for 2030

Golden Matrix Group Inc Stock (GMGI) is expected to reach an average price of $4.5301 in 2030, with a high forecast of $5.5363 and a low forecast of $3.5239. This signifies an -12.71% decrease from the last price of $5.19.
Month Average Low High Change from today's price
January, 2030 $4.2748 $4.3748 $5.5363 -17.63%
February, 2030 $4.1633 $4.3633 $4.215 -19.78%
March, 2030 $4.2518 $4.1304 $3.9718 -18.08%
April, 2030 $4.8902 $4.2636 $4.3002 -5.78%
May, 2030 $4.8759 $4.8945 $4.7087 -6.05%
June, 2030 $4.7643 $4.7072 $4.688 -8.20%
July, 2030 $4.88 $4.7686 $4.6615 -5.97%
August, 2030 $4.4885 $4.4342 $4.3585 -13.52%
September, 2030 $4.4269 $4.5769 $4.5427 -14.70%
October, 2030 $3.2926 $3.6353 $3.5941 -36.56%
November, 2030 $3.471 $3.5239 $3.2959 -33.12%
December, 2030 $3.6095 $3.6924 $3.4753 -30.45%
electronic_gaming_multimedia DDI
$10.69
price down icon 14.00%
$73.24
price up icon 0.92%
$11.92
price up icon 0.08%
$8.87
price up icon 1.49%
$15.64
price down icon 1.08%
Cap:     |  Volume (24h):