US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 weekBearish83%
Weekly Downside probability 83%Bearish

GME 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $22.64 and stabilize above resistance $26.87.

Invalidation Trigger

Break above $26.87 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.3, MACD -0.286

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.83 (8.7%)

Weekly

EMA Structure

Bearish
EMA 8$21.97Bearish
EMA 21$22.64Bearish
EMA 50$23.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.3 · MACD -0.286

Momentum is weak

Strength
Bearish
Volatility
ATR $1.83 · BB 24.64%

High volatility

Strength
Bearish
Volume
MFI 44.6 · OBV -3.35%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$19.93 - $26.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+36.29% · 4.2 ATR above latest close

$28.7
Nearest resistance

+27.59% · 3.2 ATR above · 34-bar high

$26.87
Current price

Price shown is delayed

$21.06
Nearest support

-5.37% · 0.6 ATR below · 34-bar low

$19.93
Deeper support zone

-14.07% · 1.6 ATR below latest close

$18.1
ATR zone

Latest close ± ATR14

$19.23 - $22.89

Indicators

Trend

Dow Theory Structure

Confirmation $20.89, invalidation $23.67

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

Trend strength is active

24.7 / 19.3 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$15.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.66 / $23.98Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

High volatility

$1.83 (8.7%)Bearish
Bollinger Bands (20,2)

Width 24.64%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.41 / $18.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.23 / $22.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.87Range
Support

Nearest Downside Decision Level

$19.93Range

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.286Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.9 / 9.4Bearish
Williams %R (14)

Oversold zone

-97.1Bullish
CCI (20)

Weak expansion

-127.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.6Bearish
OBV slope

20-period OBV slope

-3.35%Bearish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Trend

Dow Theory Structure

Confirmation $20.89, invalidation $23.67

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

Trend strength is active

24.7 / 19.3 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$15.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.66 / $23.98Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.286Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.9 / 9.4Bearish
Williams %R (14)

Oversold zone

-97.1Bullish
CCI (20)

Weak expansion

-127.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$1.83 (8.7%)Bearish
Bollinger Bands (20,2)

Width 24.64%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$26.41 / $18.83Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.23 / $22.89Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.6Bearish
OBV slope

20-period OBV slope

-3.35%Bearish
Volume ratio

Relative to 20-period average volume

0.17xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.87Range
Support

Nearest Downside Decision Level

$19.93Range

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