US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 monthBearish85%
Monthly Downside probability 85%Bearish

GME 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.22 and stabilize above resistance $64.83.

Invalidation Trigger

Break above $64.83 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 47.3, MACD -0.321

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $4.54 (21.58%)

Monthly

EMA Structure

Bearish
EMA 8$22.71Bearish
EMA 21$23.22Bearish
EMA 50$25.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.3 · MACD -0.321

Neutral zone

Strength
Bearish
Volatility
ATR $4.54 · BB 49.63%

High volatility

Strength
Bearish
Volume
MFI 40.4 · OBV -9.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$9.97 - $64.83

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+229.41% · 10.6 ATR above latest close

$69.37
Nearest resistance

+207.83% · 9.6 ATR above · 34-bar high

$64.83
Current price

Price shown is delayed

$21.06
Nearest support

-52.66% · 2.4 ATR below · 34-bar low

$9.97
Deeper support zone

-74.24% · 3.4 ATR below latest close

$5.43
ATR zone

Latest close ± ATR14

$16.52 - $25.6

Indicators

Trend

Dow Theory Structure

Confirmation $19.93, invalidation $28.03

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

Trend strength is active

29.7 / 26.1 / 14.4Bullish
Supertrend (10,3)

Price is above Supertrend

$10.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$30.88 / $37.4Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

High volatility

$4.54 (21.58%)Bearish
Bollinger Bands (20,2)

Width 49.63%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$31.27 / $15.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$16.52 / $25.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.83Range
Support

Nearest Downside Decision Level

$9.97Range

Momentum

RSI (14)

Neutral zone

47.3Range
MACD (12,26,9)

Histogram is negative

-0.321Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.1 / 15.6Bearish
Williams %R (14)

Oversold zone

-92.9Bullish
CCI (20)

Balanced zone

-93.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.4Bearish
OBV slope

20-period OBV slope

-9.75%Bearish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Trend

Dow Theory Structure

Confirmation $19.93, invalidation $28.03

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

Trend strength is active

29.7 / 26.1 / 14.4Bullish
Supertrend (10,3)

Price is above Supertrend

$10.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$30.88 / $37.4Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Neutral zone

47.3Range
MACD (12,26,9)

Histogram is negative

-0.321Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.1 / 15.6Bearish
Williams %R (14)

Oversold zone

-92.9Bullish
CCI (20)

Balanced zone

-93.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$4.54 (21.58%)Bearish
Bollinger Bands (20,2)

Width 49.63%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$31.27 / $15.16Bearish
ATR channel lower / upper

Current Volatility Envelope

$16.52 / $25.6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.4Bearish
OBV slope

20-period OBV slope

-9.75%Bearish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.83Range
Support

Nearest Downside Decision Level

$9.97Range

Related Forecasts