GAMESTOP CORP-CLASS A (GME) Stock Technical Analysis
NYSE:GME - New York Stock Exchange, Inc. - US36467W1099 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to GME. In the last year, GME was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
GME is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so GME is not an exception.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GME is one of the better performing stocks in the market, outperforming 97% of all stocks.
GME is one of the better performing stocks in the Specialty Retail industry, it outperforms 95% of 121 stocks in the same industry.
GME has an average volume of 10852900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GME has a been trading in the 20.73 - 29.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GME has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
20.30
28.64
When analyzing the support we can see 6 important areas.
- A support zone ranging from 26.75 to 26.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.25 from a horizontal line in the daily time frame.
- Support @22.65 from a trend line in the weekly time frame.
- Support @21.94 from a trend line in the weekly time frame.
- Support @21.23 from a trend line in the daily time frame.
- Support @20.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @26.79 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 28.33 to 28.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield1.93
10 Day High27.38
10 Day Low22.4
20 Day High29.8
20 Day Low20.73
52 Week High64.83
52 Week Low10.7
Performance
1 Week1.4%
2 Weeks13.96%
1 Month8.16%
3 Month-3.6%
6 Month30.14%
12 Month124.96%
2 Year38.78%
3 Year-14.38%
5 Year1768.76%
10 Year177.84%
15 Year340.48%
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)0.4
RSI(14)58.05
LBB21.14
UBB28.56
26.77
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.04%
1 Week1.4%
2 Weeks13.96%
1 Month8.16%
3 Month-3.6%
6 Month30.14%
12 Month124.96%
2 Year38.78%
3 Year-14.38%
5 Year1768.76%
10 Year177.84%
15 Year340.48%
Volatility
ATR(14)1.61
ATR(20)%7.27%
ATR Inc-31.64%
Range Today1.25
ADR(20)1.67
ADR(20)%6.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield1.93
10 Day High27.38
10 Day Low22.4
20 Day High29.8
20 Day Low20.73
52 Week High64.83
52 Week Low10.7
CS1 End26.76
CR1 Start26.79
Volume & EV
DER(3)3.31%
DER(5)2.4%
Volume7.69M
Volume Incr-58.04%
Vol(5)7.76M
Vol(50)10.85M