GAMESTOP CORP. - Weekly - Technical analysis published on 01/26/2021 (GMT)
- 266
- 0
- 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
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GAMESTOP CORP. as long as the price remains well above 63.30 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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:
Additional analysis
Quotes
The GAMESTOP CORP. price is 76.79 USD. The price is up +95.10% over 5 days with the lowest point at 42.32 USD and the highest point at 159.18 USD. The deviation from the price is +81.45% for the low point and -51.76% for the high point.42.32
159.18
76.79
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.
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:
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
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Weekly chart of GAMESTOP CORP. indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 32.02 | 47.44 | 63.30 | 76.79 |
| Change (%) | -58.30% | -38.22% | -17.57% | - |
| Change | -44.77 | -29.35 | -13.49 | - |
| Level | Intermediate | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 11.53 | 26.93 | 45.97 | 61.36 | 80.41 | 95.80 | 114.84 |
| Camarilla | 55.54 | 58.70 | 61.85 | 65.01 | 68.17 | 71.32 | 74.48 |
| Woodie | 13.35 | 27.84 | 47.79 | 62.27 | 82.23 | 96.71 | 116.67 |
| Fibonacci | 26.93 | 40.08 | 48.21 | 61.36 | 74.52 | 82.65 | 95.80 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.10 | 18.58 | 41.79 | 59.28 | 82.49 | 99.97 | 123.19 |
| Camarilla | 53.82 | 57.55 | 61.28 | 65.01 | 68.74 | 72.47 | 76.20 |
| Woodie | 3.96 | 20.01 | 44.66 | 60.71 | 85.36 | 101.41 | 126.06 |
| Fibonacci | 18.58 | 34.13 | 43.73 | 59.28 | 74.82 | 84.43 | 99.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.99 | 7.57 | 13.20 | 17.78 | 23.41 | 27.99 | 33.62 |
| Camarilla | 16.03 | 16.97 | 17.90 | 18.84 | 19.78 | 20.71 | 21.65 |
| Woodie | 3.53 | 7.83 | 13.74 | 18.04 | 23.95 | 28.25 | 34.16 |
| Fibonacci | 7.57 | 11.47 | 13.88 | 17.78 | 21.68 | 24.09 | 27.99 |
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): | 90.37 | |
| MACD (12,26,9): | 11.3900 | |
| Directional Movement: | 73.57 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 37.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.54 | |
| Elder Ray (13): | 78.10 | |
| Super Trend (3,10): | 56.18 | |
| Zig ZAG (10): | 76.79 | |
| VORTEX (21): | 1.2300 | |
| Stochastique (14,3,5): | 67.94 | |
| TEMA (21): | 46.81 | |
| Williams %R (14): | -55.36 | |
| Chande Momentum Oscillator (20): | 64.93 | |
| Repulse (5,40,3): | -30.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 8.2200 | |
| Courbe Coppock: | 467.32 |
| MA7: | 48.39 | |
| MA20: | 29.87 | |
| MA50: | 20.66 | |
| MA100: | 15.58 | |
| MAexp7: | 43.45 | |
| MAexp20: | 25.48 | |
| MAexp50: | 15.36 | |
| MAexp100: | 12.03 | |
| Price / MA7: | +58.69% | |
| Price / MA20: | +157.08% | |
| Price / MA50: | +271.68% | |
| Price / MA100: | +392.88% | |
| Price / MAexp7: | +76.73% | |
| Price / MAexp20: | +201.37% | |
| Price / MAexp50: | +399.93% | |
| Price / MAexp100: | +538.32% |
Quotes :
2021-01-25 20:59:59
-
15 min delayed data
-
NYSE Stocks
News
The last news published on GAMESTOP CORP. at the time of the generation of this analysis was as follows:
-
S&P 500 Volatility Amplified by Gamestop, Will IMF Forecast Refocus Risk and Dollar?
-
GameStop Corp. - GME Stock Chart Technical Analysis for 01-25-2021
-
GameStop Shares Test The $150 Level As Crazy Rally Continues
-
LIVE | GameStop, Moderna, Tesla: Jim Cramer's Stock Market Breakdown - Jan. 25
-
GameStop Corp. - GME Stock Chart Technical Analysis for 01-22-2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis GAMESTOP CORP. - Weekly