US stock / ETF

GameStop Corp.

GME · NYSE · USD

1 weekBearish70%
Weekly Downside probability 70%Bearish

GME 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $22.6 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 48.7, MACD -0.088

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $1.85 (8.25%)

Weekly

EMA Structure

Bearish
EMA 8$22.21Bullish
EMA 21$22.6Bearish
EMA 50$23.04Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.7 · MACD -0.088

Neutral zone

Strength
Bearish
Volatility
ATR $1.85 · BB 24.27%

High volatility

Strength
Bearish
Volume
MFI 43.2 · OBV -0.75%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$19.99 - $26.88

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+28.08% · 3.4 ATR above latest close

$28.73
Nearest resistance

+19.84% · 2.4 ATR above · 34-bar high

$26.88
Current price

Price shown is delayed

$22.43
Nearest support

-10.88% · 1.3 ATR below · 34-bar low

$19.99
Deeper support zone

-19.12% · 2.3 ATR below latest close

$18.14
ATR zone

Latest close ± ATR14

$20.58 - $24.28

Indicators

Trend

Dow Theory Structure

Confirmation $23.11, invalidation $20.93

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

Trend strength is active

22.4 / 22.7 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$17.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.03 / $24.02Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

High volatility

$1.85 (8.25%)Bearish
Bollinger Bands (20,2)

Width 24.27%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.51 / $19.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.58 / $24.28Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$19.99Range

Momentum

RSI (14)

Neutral zone

48.7Range
MACD (12,26,9)

Histogram is negative

-0.088Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.8 / 23.8Bullish
Williams %R (14)

Neutral zone

-74.2Range
CCI (20)

Balanced zone

-48.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-0.75%Bearish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $23.11, invalidation $20.93

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

Trend strength is active

22.4 / 22.7 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$17.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.03 / $24.02Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Neutral zone

48.7Range
MACD (12,26,9)

Histogram is negative

-0.088Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.8 / 23.8Bullish
Williams %R (14)

Neutral zone

-74.2Range
CCI (20)

Balanced zone

-48.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$1.85 (8.25%)Bearish
Bollinger Bands (20,2)

Width 24.27%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.51 / $19.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$20.58 / $24.28Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-0.75%Bearish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.88Range
Support

Nearest Downside Decision Level

$19.99Range

Related Forecasts