Red List

SBETSharpLink, Inc.

Financial Services · Capital Markets · small-cap ($1.4B)
-63.9%
from rolling 252-day high of $21.03 set 2025-08-22 · 363d ago
Current
$7.59
Decline depth
-63.9%
Decline σ
1.4σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$SBET landed on the list 2026-07-22, down 81.6% from its 52-week high that day — now down -63.9%.

It has clawed back 4.7 percentage points off that level. It bottomed 83.1% below that high along the way.

Decline from the 52-week high as it stood on 2026-07-22 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

SBET qualifies for the Red List on decline depth.

Decline depth
-63.9%
From rolling 252-day high of $21.03, 363d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
1.4σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (4.63% per day).

The structural read

What price action says about SBET.

SBET qualifies for the Red List on decline depth — down -63.9% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Earnings on file: 2026-08-07. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about SBET

What people ask.

Why is SBET on Broken Stocks?

SBET qualifies for the Red List on decline depth. It is down -63.9% from its rolling 252-day high of $21.03, set on 2025-08-22 — 363d ago.

Is SBET a falling knife?

Not by the strict technical definition. SBET is down -63.9% from its 52-week high, but that high was set 363d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. SBET is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is SBET a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is SBET trading inside its 52-week range?

At $7.59, SBET sits 13.2% of the way from its 52-week low ($4.46) to its 52-week high ($28.26). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has SBET been declining?

The current 63.9% decline accrued over 363d, which annualizes to roughly -64.3% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does SBET compare to its sector?

There are 80 other Financial Services tickers on Broken Stocks: 35 Red, 27 Amber, 18 Watch, with 24 showing recovering structural signals. Median sector decline is -32.8% — SBET's decline is deeper than the sector median.

Does SBET's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-07) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.