US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 dayBearish90%
Daily Downside probability 90%Bearish

GME 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $21.87 and stabilize above resistance $25.44.

Invalidation Trigger

Break above $25.44 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 37.7, MACD -0.011

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $0.7368 (3.5%)

Daily

EMA Structure

Bearish
EMA 8$21.51Bearish
EMA 21$21.87Bearish
EMA 50$22.49Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.7 · MACD -0.011

Momentum is weak

Strength
Bearish
Volatility
ATR $0.7368 · BB 7.88%

Medium volatility

Strength
Range
Volume
MFI 48.1 · OBV -12.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$20.89 - $25.44

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.27% · 6.9 ATR above latest close

$26.17
Nearest resistance

+20.77% · 5.9 ATR above · 34-bar high

$25.44
Current price

Price shown is delayed

$21.06
Nearest support

-0.83% · 0.2 ATR below · 34-bar low

$20.89
Deeper support zone

-4.33% · 1.2 ATR below latest close

$20.15
ATR zone

Latest close ± ATR14

$20.32 - $21.8

Indicators

Trend

Dow Theory Structure

Confirmation $21.14, invalidation $22.65

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

15.2 / 30.3 / 21.4Bullish
Supertrend (10,3)

Price is above Supertrend

$19.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.05 / $23.88Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$0.7368 (3.5%)Range
Bollinger Bands (20,2)

Width 7.88%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$22.86 / $20.83Range
ATR channel lower / upper

Current Volatility Envelope

$20.32 / $21.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$25.44Range
Support

Nearest Downside Decision Level

$20.89Range

Momentum

RSI (14)

Momentum is weak

37.7Bearish
MACD (12,26,9)

Histogram is negative

-0.011Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.2 / 13.7Bearish
Williams %R (14)

Oversold zone

-96.8Bullish
CCI (20)

Weak expansion

-108.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

-12.71%Bearish
Volume ratio

Relative to 20-period average volume

0.80xBearish

Trend

Dow Theory Structure

Confirmation $21.14, invalidation $22.65

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

15.2 / 30.3 / 21.4Bullish
Supertrend (10,3)

Price is above Supertrend

$19.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.05 / $23.88Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

37.7Bearish
MACD (12,26,9)

Histogram is negative

-0.011Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.2 / 13.7Bearish
Williams %R (14)

Oversold zone

-96.8Bullish
CCI (20)

Weak expansion

-108.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$0.7368 (3.5%)Range
Bollinger Bands (20,2)

Width 7.88%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$22.86 / $20.83Range
ATR channel lower / upper

Current Volatility Envelope

$20.32 / $21.8Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

-12.71%Bearish
Volume ratio

Relative to 20-period average volume

0.80xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$25.44Range
Support

Nearest Downside Decision Level

$20.89Range

Related Forecasts