GAMESTOP CORP.
GAMESTOP CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GME
ISIN:

GAMESTOP CORP. - Weekly - Technical analysis published on 01/25/2021 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : WITHOUT TARGET

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 63.30 USD
My targets
-
My analysis
The bullish trend is currently very strong on GAMESTOP CORP.. As long as the price remains above the support at 63.30 USD, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by savas. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The GAMESTOP CORP. price is 79.77 USD. Over 5 days, this instrument gained +124.70% with the lowest point at 37.00 USD and the highest point at 76.76 USD. The deviation from the price is +115.59% for the low point and +3.92% for the high point.

37.00
76.76
79.77

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on GAMESTOP CORP. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in Weekly of this GAMESTOP CORP. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 32.02 47.44 63.30 79.77
Change (%) -59.86% -40.53% -20.65% -
Change -47.75 -32.33 -16.47 -
Level Minor Intermediate Major -



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.5326.9345.9761.3680.4195.80114.84
Camarilla55.5458.7061.8565.0168.1771.3274.48
Woodie13.3527.8447.7962.2782.2396.71116.67
Fibonacci26.9340.0848.2161.3674.5282.6595.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.1018.5841.7959.2882.4999.97123.19
Camarilla53.8257.5561.2865.0168.7472.4776.20
Woodie3.9620.0144.6660.7185.36101.41126.06
Fibonacci18.5834.1343.7359.2874.8284.4399.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.997.5713.2017.7823.4127.9933.62
Camarilla16.0316.9717.9018.8419.7820.7121.65
Woodie3.537.8313.7418.0423.9528.2534.16
Fibonacci7.5711.4713.8817.7821.6824.0927.99

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 91.19
MACD (12,26,9): 11.8700
Directional Movement: 73.57
AROON (14): 92.86
DEMA (21): 38.96
Parabolic SAR (0,02-0,02-0,2): 17.54
Elder Ray (13): 77.17
Super Trend (3,10): 56.18
Zig ZAG (10): 83.54
VORTEX (21): 1.2300
Stochastique (14,3,5): 69.15
TEMA (21): 48.08
Williams %R (14): -51.57
Chande Momentum Oscillator (20): 70.98
Repulse (5,40,3): -11.0400
ROCnROLL: 1
TRIX (15,9): 8.3500
Courbe Coppock: 482.10
MA7: 48.31
MA20: 30.12
MA50: 20.76
MA100: 15.64
MAexp7: 43.67
MAexp20: 26.40
MAexp50: 15.56
MAexp100: 12.16
Price / MA7: +65.12%
Price / MA20: +164.84%
Price / MA50: +284.25%
Price / MA100: +410.04%
Price / MAexp7: +82.48%
Price / MAexp20: +201.86%
Price / MAexp50: +412.15%
Price / MAexp100: +555.35%

Quotes : 2021-01-25 20:28:40 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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