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2.35
0.84%
-0.02
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 $0.3602, representing a -84.67% decrease from the current price of $2.35. The highest analyst price target is $0.6588, and the lowest is $0.0616.
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 0.9572
(-59.27% Downside)
Is Golden Matrix Group Inc (GMGI) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 45.13 | Neutral |
| STOCH(9,6) | 29.92 | Neutral |
| STOCHRSI(14) | 13.01 | Buy |
| MACD(12,26) | -0.000084 | Sell |
| ADX(14) | 24.77 | Neutral |
| William %R | -81.25 | Buy |
| CCI(14) | -133.77 | Sell |
Buy: 2
Sell: 2
Neutral: 3
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
2.546
Sell
|
2.5135
Sell
|
| MA20 |
2.626
Sell
|
2.5379
Sell
|
| MA50 |
2.4402
Sell
|
2.4997
Sell
|
| MA100 |
2.4134
Sell
|
2.5746
Sell
|
| MA200 |
2.9421
Sell
|
2.6796
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, GMGI could be considered a Strong Sell, with 17 technical analysis indicators signaling 2 Buy signals, 12 signaling Sell signals and 3 Neutral signals. This might not be a good time to consider opening new positions on GMGI, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 45.13 indicates that GMGI is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 29.92 indicates that GMGI is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 13.01 indicates that GMGI is oversold. This suggests that GMGI price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 24.77 suggests that there may be some movement in price, but it lacks strength or conviction.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -133.77 indicates that GMGI is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.
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 $289.42% rise from the last recorded price of $2.35.
- 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 $512.35% 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 689.78% 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 $795.53% 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 -9.54% from the last recorded price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $0.0384 | $0.0616 | $0.6588 | -98.37% |
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 -59.27% fall from the last recorded price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $0.2137 | $0.1964 | $0.3155 | -90.91% |
| February, 2025 | $0.4737 | $0.2526 | $0.1351 | -79.84% |
| March, 2025 | $1.0441 | $0.0758 | $1.334 | -55.57% |
| April, 2025 | $0.8789 | $0.4661 | $1.8987 | -62.60% |
| May, 2025 | $0.7027 | $0.6718 | $1.3799 | -70.10% |
| June, 2025 | $0.0234 | $0.1034 | $1.3447 | -99.00% |
| July, 2025 | $0.1186 | $0.0715 | $0.6115 | -94.95% |
| August, 2025 | $0.0948 | $0.0157 | $0.1843 | -95.97% |
| September, 2025 | $0.2609 | $0.1429 | $0.0971 | -88.90% |
| October, 2025 | $0.0162 | $0.0819 | $0.681 | -99.31% |
| November, 2025 | $0.0423 | $0.1923 | $0.1142 | -98.20% |
| December, 2025 | $0.9825 | $0.0814 | $1.5796 | -58.19% |
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 -44.81% surge from the present price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $0.7163 | $0.5963 | $1.0643 | -69.52% |
| February, 2026 | $0.4902 | $0.2874 | $0.8292 | -79.14% |
| March, 2026 | $0.664 | $0.223 | $0.784 | -71.75% |
| April, 2026 | $0.3588 | $0.1688 | $0.7149 | -84.73% |
| May, 2026 | $0.2126 | $0.1426 | $0.5897 | -90.95% |
| June, 2026 | $1.4865 | $0.1636 | $1.6465 | -36.75% |
| July, 2026 | $1.0713 | $0.5474 | $1.8031 | -54.41% |
| August, 2026 | $1.1751 | $0.9351 | $1.8031 | -50.00% |
| September, 2026 | $1.4675 | $0.477 | $2.458 | -37.55% |
| October, 2026 | $0.8942 | $0.1362 | $0.89 | -61.95% |
| November, 2026 | $1.2266 | $1.1938 | $1.2266 | -47.81% |
| December, 2026 | $1.127 | $1.257 | $1.7127 | -52.04% |
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 -11.69% decrease from the last price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $1.1993 | $1.2231 | $1.0593 | -48.97% |
| February, 2027 | $1.6616 | $1.4674 | $1.1255 | -29.29% |
| March, 2027 | $1.862 | $1.684 | $1.622 | -20.76% |
| April, 2027 | $2.2994 | $1.8476 | $1.7901 | -2.15% |
| May, 2027 | $2.7567 | $2.6897 | $2.5668 | +17.31% |
| June, 2027 | $2.8772 | $2.8929 | $2.7929 | +22.43% |
| July, 2027 | $3.0934 | $2.9052 | $2.7394 | +31.64% |
| August, 2027 | $1.5318 | $2.6517 | $2.9275 | -34.82% |
| September, 2027 | $1.6422 | $1.8098 | $1.672 | -30.12% |
| October, 2027 | $1.7745 | $1.6203 | $1.4945 | -24.49% |
| November, 2027 | $2.4568 | $1.8083 | $1.8668 | +4.55% |
| December, 2027 | $2.4972 | $2.483 | $2.3192 | +6.27% |
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 -32.88% fall from the last price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $2.4296 | $2.3615 | $2.3203 | +3.39% |
| February, 2028 | $2.5519 | $2.4557 | $2.3376 | +8.59% |
| March, 2028 | $2.2523 | $2.1761 | $2.2868 | -4.16% |
| April, 2028 | $2.2346 | $2.3846 | $2.3285 | -4.91% |
| May, 2028 | $1.155 | $1.4869 | $1.4127 | -50.85% |
| June, 2028 | $1.3774 | $1.4193 | $1.2023 | -41.39% |
| July, 2028 | $1.5597 | $1.6316 | $1.4035 | -33.63% |
| August, 2028 | $1.5101 | $1.5801 | $1.5239 | -35.74% |
| September, 2028 | $1.5924 | $1.6963 | $1.5682 | -32.24% |
| October, 2028 | $1.6948 | $1.6186 | $1.4567 | -27.88% |
| November, 2028 | $0.6952 | $0.8171 | $0.7709 | -70.42% |
| December, 2028 | $0.7375 | $0.841 | $0.7594 | -68.62% |
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 +18.88% increase from the previous price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $0.9479 | $0.6737 | $0.528 | -59.66% |
| February, 2029 | $0.4119 | $0.0979 | $0.7259 | -82.47% |
| March, 2029 | $3.9414 | $2.457 | $3.2013 | +67.72% |
| April, 2029 | $4.2299 | $4.23 | $4.2299 | +79.99% |
| May, 2029 | $4.0755 | $4.2055 | $4.6941 | +73.42% |
| June, 2029 | $4.104 | $4.1497 | $3.964 | +74.64% |
| July, 2029 | $4.5225 | $4.3611 | $4.0082 | +92.44% |
| August, 2029 | $4.6681 | $4.5009 | $4.4281 | +98.64% |
| September, 2029 | $5.0616 | $4.6317 | $4.5852 | +115.39% |
| October, 2029 | $5.6122 | $5.4409 | $5.2852 | +138.82% |
| November, 2029 | $5.5408 | $5.5893 | $5.4893 | +135.78% |
| December, 2029 | $5.7132 | $5.5578 | $5.3592 | +143.11% |
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 +92.77% surge from the last price of $2.35.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $4.2748 | $4.3748 | $5.5363 | +81.91% |
| February, 2030 | $4.1633 | $4.3633 | $4.215 | +77.16% |
| March, 2030 | $4.2518 | $4.1304 | $3.9718 | +80.93% |
| April, 2030 | $4.8902 | $4.2636 | $4.3002 | +108.10% |
| May, 2030 | $4.8759 | $4.8945 | $4.7087 | +107.48% |
| June, 2030 | $4.7643 | $4.7072 | $4.688 | +102.74% |
| July, 2030 | $4.88 | $4.7686 | $4.6615 | +107.66% |
| August, 2030 | $4.4885 | $4.4342 | $4.3585 | +91.00% |
| September, 2030 | $4.4269 | $4.5769 | $4.5427 | +88.38% |
| October, 2030 | $3.2926 | $3.6353 | $3.5941 | +40.11% |
| November, 2030 | $3.471 | $3.5239 | $3.2959 | +47.70% |
| December, 2030 | $3.6095 | $3.6924 | $3.4753 | +53.60% |
5.67%
2.34%
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