US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 weekBearish82%
Weekly Downside probability 82%Bearish

GME 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $21.44 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 34.4, MACD -0.419

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.36 (7.46%)

Weekly

EMA Structure

Bearish
EMA 8$20.13Bearish
EMA 21$21.44Bearish
EMA 50$22.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.4 · MACD -0.419

Momentum is weak

Strength
Bearish
Volatility
ATR $1.36 · BB 36.05%

High volatility

Strength
Bearish
Volume
MFI 28.7 · OBV -0.54%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$17.79 - $26.88

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+55.07% · 7.4 ATR above latest close

$28.24
Nearest resistance

+47.61% · 6.4 ATR above · 34-bar high

$26.88
Current price

Price shown is delayed

$18.21
Nearest support

-2.31% · 0.3 ATR below · 34-bar low

$17.79
Deeper support zone

-9.76% · 1.3 ATR below latest close

$16.43
ATR zone

Latest close ± ATR14

$16.85 - $19.57

Indicators

Trend

Dow Theory Structure

Confirmation $23.11, invalidation $20.93

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

Trend strength is moderate

15.9 / 16.0 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$14.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.39 / $22.95Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

High volatility

$1.36 (7.46%)Bearish
Bollinger Bands (20,2)

Width 36.05%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.92 / $18.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$16.85 / $19.57Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$17.79Range

Momentum

RSI (14)

Momentum is weak

34.4Bearish
MACD (12,26,9)

Histogram is negative

-0.419Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.1 / 6.6Bullish
Williams %R (14)

Oversold zone

-92.9Bullish
CCI (20)

Weak expansion

-201.1Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.7Bearish
OBV slope

20-period OBV slope

-0.54%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Trend

Dow Theory Structure

Confirmation $23.11, invalidation $20.93

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

Trend strength is moderate

15.9 / 16.0 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$14.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.39 / $22.95Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

34.4Bearish
MACD (12,26,9)

Histogram is negative

-0.419Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.1 / 6.6Bullish
Williams %R (14)

Oversold zone

-92.9Bullish
CCI (20)

Weak expansion

-201.1Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$1.36 (7.46%)Bearish
Bollinger Bands (20,2)

Width 36.05%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.92 / $18.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$16.85 / $19.57Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

28.7Bearish
OBV slope

20-period OBV slope

-0.54%Bearish
Volume ratio

Relative to 20-period average volume

0.78xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$17.79Range

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