Logo image of GME

GAMESTOP CORP-CLASS A (GME) Stock Technical Analysis

NYSE:GME - New York Stock Exchange, Inc. - US36467W1099 - Common Stock

27.47  -0.04 (-0.15%)

Premarket: 27.25 -0.22 (-0.8%)

Technical Rating and Analysis

6

Overall GME gets a technical rating of 6 out of 10. In the last year, GME was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month GME has a been trading in the 26.33 - 34.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GME is part of the Specialty Retail industry. There are 119 other stocks in this industry. GME outperforms 84% of them.
GME has an average volume of 12460600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, GME did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GME is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GAMESTOP CORP-CLASS A / GME Weekly stock chart
GAMESTOP CORP-CLASS A / GME Daily stock chart
Setup Rating and Analysis

3

GME has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

20.52

32.95

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 27.46 to 27.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.44 from a horizontal line in the daily time frame.
  • A support zone ranging from 25.39 to 25.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.73 from a trend line in the daily time frame.

We found 1 important resistance area.

  • Resistance @32.62 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.87
Mansfield1.7
10 Day High34.4
10 Day Low26.33
20 Day High34.4
20 Day Low26.33
52 Week High64.83
52 Week Low9.95
Performance
1 Week-11.44%
2 Weeks-13.21%
1 Month-3.78%
3 Month33.54%
6 Month13.84%
12 Month89.58%
2 Year25.61%
3 Year0.87%
5 Year2761.46%
10 Year211.72%
15 Year455.79%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.72
RSI(14)40.04
LBB26.11
UBB34.84
GAMESTOP CORP-CLASS A / GME Daily stock chart

GAMESTOP CORP-CLASS A

NYSE:GME (1/21/2025, 8:04:00 PM)

Premarket: 27.25 -0.22 (-0.8%)

27.47

-0.04 (-0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.15%
1 Week-11.44%
2 Weeks-13.21%
1 Month-3.78%
3 Month33.54%
6 Month13.84%
12 Month89.58%
2 Year25.61%
3 Year0.87%
5 Year2761.46%
10 Year211.72%
15 Year455.79%
Volatility
ATR(14)1.75
ATR(20)%6.68%
ATR Inc-22.26%
Range Today1.24
ADR(20)1.77
ADR(20)%6.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.87
Mansfield1.7
10 Day High34.4
10 Day Low26.33
20 Day High34.4
20 Day Low26.33
52 Week High64.83
52 Week Low9.95
CS1 End27.46
CR1 Start32.62
Volume & EV
DER(3)0.02%
DER(5)-2.04%
Volume5.87M
Volume Incr-29.25%
Vol(5)7.42M
Vol(50)12.46M