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 $20.95 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 StateRange
Momentum mixed

RSI 48.4, MACD -0.027

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.32 (6.31%)

Weekly

EMA Structure

Bearish
EMA 8$20.11Bullish
EMA 21$20.95Bearish
EMA 50$22.04Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.4 · MACD -0.027

Neutral zone

Strength
Range
Volatility
ATR $1.32 · BB 29.83%

High volatility

Strength
Bearish
Volume
MFI 40.8 · OBV -0.48%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$17.79 - $26.88

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+34.96% · 5.5 ATR above latest close

$28.2
Nearest resistance

+28.64% · 4.5 ATR above · 34-bar high

$26.88
Current price

Price shown is delayed

$20.9
Nearest support

-14.86% · 2.4 ATR below · 34-bar low

$17.79
Deeper support zone

-21.17% · 3.4 ATR below latest close

$16.47
ATR zone

Latest close ± ATR14

$19.58 - $22.21

Indicators

Trend

Dow Theory Structure

Confirmation $17.79, invalidation $23.11

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

Trend strength is moderate

16.5 / 27.6 / 25.8Bullish
Supertrend (10,3)

Price is above Supertrend

$17.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.18 / $22.95Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

High volatility

$1.32 (6.31%)Bearish
Bollinger Bands (20,2)

Width 29.83%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.67 / $18.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.58 / $22.21Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$17.79Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is negative

-0.027Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.4 / 48.3Bullish
Williams %R (14)

Neutral zone

-41.6Range
CCI (20)

Balanced zone

2.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.8Bearish
OBV slope

20-period OBV slope

-0.48%Bearish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Trend

Dow Theory Structure

Confirmation $17.79, invalidation $23.11

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

Trend strength is moderate

16.5 / 27.6 / 25.8Bullish
Supertrend (10,3)

Price is above Supertrend

$17.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$21.18 / $22.95Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

48.4Range
MACD (12,26,9)

Histogram is negative

-0.027Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.4 / 48.3Bullish
Williams %R (14)

Neutral zone

-41.6Range
CCI (20)

Balanced zone

2.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$1.32 (6.31%)Bearish
Bollinger Bands (20,2)

Width 29.83%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.67 / $18.11Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.58 / $22.21Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.8Bearish
OBV slope

20-period OBV slope

-0.48%Bearish
Volume ratio

Relative to 20-period average volume

0.15xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$17.79Range

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