US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 weekBearish79%
Weekly Downside probability 79%Bearish

GME 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $22.12 and stabilize above resistance $26.88.

Invalidation Trigger

Break above $26.88 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 38.5, MACD -0.221

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.69 (8.61%)

Weekly

EMA Structure

Bearish
EMA 8$21.36Bearish
EMA 21$22.12Bearish
EMA 50$22.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.5 · MACD -0.221

Momentum is weak

Strength
Bearish
Volatility
ATR $1.69 · BB 27.63%

High volatility

Strength
Bearish
Volume
MFI 21.6 · OBV -0.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$18.55 - $26.88

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+45.58% · 5.3 ATR above latest close

$28.57
Nearest resistance

+36.97% · 4.3 ATR above · 34-bar high

$26.88
Current price

Price shown is delayed

$19.63
Nearest support

-5.5% · 0.6 ATR below · 34-bar low

$18.55
Deeper support zone

-14.11% · 1.6 ATR below latest close

$16.86
ATR zone

Latest close ± ATR14

$17.94 - $21.31

Indicators

Trend

Dow Theory Structure

Confirmation $23.11, invalidation $20.93

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 12.9 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$15.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.77 / $23.32Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

High volatility

$1.69 (8.61%)Bearish
Bollinger Bands (20,2)

Width 27.63%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.02 / $19.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.94 / $21.31Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$18.55Range

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-0.221Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.2 / 11.0Bullish
Williams %R (14)

Oversold zone

-85.8Bullish
CCI (20)

Weak expansion

-165.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.6Bearish
OBV slope

20-period OBV slope

-0.05%Bearish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Trend

Dow Theory Structure

Confirmation $23.11, invalidation $20.93

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 12.9 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$15.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.77 / $23.32Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

38.5Bearish
MACD (12,26,9)

Histogram is negative

-0.221Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.2 / 11.0Bullish
Williams %R (14)

Oversold zone

-85.8Bullish
CCI (20)

Weak expansion

-165.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$1.69 (8.61%)Bearish
Bollinger Bands (20,2)

Width 27.63%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.02 / $19.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$17.94 / $21.31Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

21.6Bearish
OBV slope

20-period OBV slope

-0.05%Bearish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$18.55Range

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