US stock / ETF

GameStop Corp.

GME · NYSE · USD

4 hoursBearish60%
4h Downside probability 60%Bearish

GME 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $18.24 and stabilize above resistance $18.93.

Invalidation Trigger

Break above $18.93 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBullish
Momentum improving

RSI 44.5, MACD 0.051

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.1638 (0.9%)

4h

EMA Structure

Bearish
EMA 8$18.13Bullish
EMA 21$18.24Bearish
EMA 50$18.73Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.5 · MACD 0.051

Momentum is weak

Strength
Bullish
Volatility
ATR $0.1638 · BB 4.17%

Low volatility

Strength
Bullish
Volume
MFI 60.7 · OBV -6.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$17.79 - $18.93

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.8% · 5.3 ATR above latest close

$19.09
Nearest resistance

+3.9% · 4.3 ATR above · 34-bar high

$18.93
Current price

Price shown is delayed

$18.22
Nearest support

-2.36% · 2.6 ATR below · 34-bar low

$17.79
Deeper support zone

-3.26% · 3.6 ATR below latest close

$17.63
ATR zone

Latest close ± ATR14

$18.06 - $18.38

Indicators

Trend

Dow Theory Structure

Confirmation $17.79, invalidation $18.2

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

Trend strength is active

40.1 / 18.3 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$17.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$18.15 / $18.85Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Low volatility

$0.1638 (0.9%)Bullish
Bollinger Bands (20,2)

Width 4.17%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$18.52 / $17.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$18.06 / $18.38Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$18.93Range
Support

Nearest Downside Decision Level

$17.79Range

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is positive

0.051Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.8 / 62.7Bullish
Williams %R (14)

Neutral zone

-23.2Range
CCI (20)

Balanced zone

10.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

-6.73%Bearish
Volume ratio

Relative to 20-period average volume

1.35xBullish

Trend

Dow Theory Structure

Confirmation $17.79, invalidation $18.2

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

Trend strength is active

40.1 / 18.3 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$17.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$18.15 / $18.85Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Momentum is weak

44.5Bearish
MACD (12,26,9)

Histogram is positive

0.051Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.8 / 62.7Bullish
Williams %R (14)

Neutral zone

-23.2Range
CCI (20)

Balanced zone

10.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.1638 (0.9%)Bullish
Bollinger Bands (20,2)

Width 4.17%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$18.52 / $17.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$18.06 / $18.38Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

-6.73%Bearish
Volume ratio

Relative to 20-period average volume

1.35xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$18.93Range
Support

Nearest Downside Decision Level

$17.79Range

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