GAMESTOP CORP. - 1H - Technical analysis published on 03/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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
56%
6%
39%
My opinion
Bullish above 113.80 USD
My targets
177.61 USD (+28.95%)
184.68 USD (+34.08%)
My analysis
The bullish trend is currently very strong on GAMESTOP CORP.. As long as the price remains above the support at 113.80 USD, you could try to benefit from the boom. The first bullish objective is located at 177.61 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 184.68 USD as an objective. Crossing it would then enable buyers to target 347.51 USD. 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.
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
7.7
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This analysis was given by osborncomp. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GAMESTOP CORP. price is 137.74 USD. On the day, this instrument gained +4.07% and was traded between 127.50 USD and 151.53 USD over the period. The price is currently at +8.03% from its lowest and -9.10% from its highest.127.50
151.53
137.74
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GAMESTOP CORP. in 1H shows a strongly overall 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.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 47.44 | 63.30 | 113.80 | 137.74 | 184.68 | 347.51 | 413.98 |
| Change (%) | -65.56% | -54.04% | -17.38% | - | +34.08% | +152.29% | +200.55% |
| Change | -90.30 | -74.44 | -23.94 | - | +46.94 | +209.77 | +276.24 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.24 | 99.27 | 115.81 | 131.84 | 148.38 | 164.41 | 180.95 |
| Camarilla | 123.39 | 126.38 | 129.36 | 132.35 | 135.34 | 138.32 | 141.31 |
| Woodie | 83.50 | 99.40 | 116.07 | 131.97 | 148.64 | 164.54 | 181.21 |
| Fibonacci | 99.27 | 111.71 | 119.40 | 131.84 | 144.28 | 151.97 | 164.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -111.75 | -35.87 | 32.93 | 108.81 | 177.61 | 253.49 | 322.29 |
| Camarilla | 61.95 | 75.22 | 88.48 | 101.74 | 115.00 | 128.27 | 141.53 |
| Woodie | -115.28 | -37.64 | 29.40 | 107.04 | 174.08 | 251.72 | 318.76 |
| Fibonacci | -35.87 | 19.39 | 53.54 | 108.81 | 164.07 | 198.22 | 253.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -297.34 | -129.42 | -13.84 | 154.08 | 269.66 | 437.58 | 553.16 |
| Camarilla | 23.78 | 49.77 | 75.75 | 101.74 | 127.73 | 153.72 | 179.70 |
| Woodie | -323.51 | -142.51 | -40.01 | 141.00 | 243.49 | 424.50 | 526.99 |
| Fibonacci | -129.42 | -21.12 | 45.78 | 154.08 | 262.38 | 329.28 | 437.58 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.10 | |
| MACD (12,26,9): | 6.9900 | |
| Directional Movement: | 11.64 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 139.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 119.03 | |
| Elder Ray (13): | 4.27 | |
| Super Trend (3,10): | 148.75 | |
| Zig ZAG (10): | 137.74 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 67.25 | |
| TEMA (21): | 139.59 | |
| Williams %R (14): | -38.06 | |
| Chande Momentum Oscillator (20): | 16.30 | |
| Repulse (5,40,3): | -2.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7200 | |
| Courbe Coppock: | 29.34 |
| MA7: | 120.47 | |
| MA20: | 76.58 | |
| MA50: | 72.88 | |
| MA100: | 43.14 | |
| MAexp7: | 137.43 | |
| MAexp20: | 130.43 | |
| MAexp50: | 115.76 | |
| MAexp100: | 101.31 | |
| Price / MA7: | +14.34% | |
| Price / MA20: | +79.86% | |
| Price / MA50: | +89.00% | |
| Price / MA100: | +219.29% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +5.60% | |
| Price / MAexp50: | +18.99% | |
| Price / MAexp100: | +35.96% |
Quotes :
2021-03-05 20:59:59
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on GAMESTOP CORP. at the time of the analysis were as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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