US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 monthBearish87%
Monthly Downside probability 87%Bearish

GME 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

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 PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 48.8, MACD -0.304

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $3.99 (17.78%)

Monthly

EMA Structure

Range
EMA 8$22.82Bearish
EMA 21$23.22Bearish
EMA 50$22.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.8 · MACD -0.304

Neutral zone

Strength
Bearish
Volatility
ATR $3.99 · BB 47.24%

High volatility

Strength
Bearish
Volume
MFI 31.2 · OBV -5.25%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$9.95 - $64.83

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+206.52% · 11.6 ATR above latest close

$68.82
Nearest resistance

+188.74% · 10.6 ATR above · 34-bar high

$64.83
Current price

Price shown is delayed

$22.45
Nearest support

-55.68% · 3.1 ATR below · 34-bar low

$9.95
Deeper support zone

-73.46% · 4.1 ATR below latest close

$5.96
ATR zone

Latest close ± ATR14

$18.46 - $26.44

Indicators

Trend

Dow Theory Structure

Confirmation $19.93, invalidation $26.88

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

Trend strength is active

24.5 / 16.3 / 16.4Bearish
Supertrend (10,3)

Price is above Supertrend

$11.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.39 / $37.39Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

High volatility

$3.99 (17.78%)Bearish
Bollinger Bands (20,2)

Width 47.24%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$30.68 / $15.75Bearish
ATR channel lower / upper

Current Volatility Envelope

$18.46 / $26.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.83Range
Support

Nearest Downside Decision Level

$9.95Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is negative

-0.304Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.7 / 14.7Bullish
Williams %R (14)

Neutral zone

-77.3Range
CCI (20)

Balanced zone

-74.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.2Bearish
OBV slope

20-period OBV slope

-5.25%Bearish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $19.93, invalidation $26.88

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

Trend strength is active

24.5 / 16.3 / 16.4Bearish
Supertrend (10,3)

Price is above Supertrend

$11.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.39 / $37.39Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is negative

-0.304Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.7 / 14.7Bullish
Williams %R (14)

Neutral zone

-77.3Range
CCI (20)

Balanced zone

-74.6Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$3.99 (17.78%)Bearish
Bollinger Bands (20,2)

Width 47.24%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$30.68 / $15.75Bearish
ATR channel lower / upper

Current Volatility Envelope

$18.46 / $26.44Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.2Bearish
OBV slope

20-period OBV slope

-5.25%Bearish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.83Range
Support

Nearest Downside Decision Level

$9.95Range

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