GAMESTOP CORP-CLASS A (GME) Technical Analysis
NYSE:GME • US36467W1099
Taking everything into account, GME scores 5 out of 10 in our technical rating. In the last year, GME was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- GME is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month GME has a been trading in the 22.79 - 25.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- GME has an average volume of 7595570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, GME outperforms 43% of them, which is more or less in line with the market.
- GME is an average performer in the Specialty Retail industry, it outperforms 59% of 123 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
GME has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.26, a Stop Loss order could be placed below this zone.
More info and screens
19.74
4 important support areas can be observed.
- A support zone ranging from 22.78 to 23.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.65 from a trend line in the weekly time frame.
- A support zone ranging from 20.62 to 20.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @19.94 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 24.11 to 24.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.78 to 24.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GME is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GME is neutral. |
| ChartMill Relative Strength | 43.25 | NEUTRAL | GME is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GME is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for GME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GME has a negative trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for GME is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for GME suggests some volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for GME suggests a strong trend. |
GME Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:GME (3/4/2026, 2:41:10 PM)
23.935
+0.11 (+0.48%)
GAMESTOP CORP-CLASS A / GME FAQ
What is the technical rating for GME stock?
ChartMill assigns a technical rating of 5 / 10 to GME.
Can you provide the trend direction for GAMESTOP CORP-CLASS A?
The current trend direction for GAMESTOP CORP-CLASS A (GME) is Bullish.
What is the RSI signal for GME stock?
GAMESTOP CORP-CLASS A (GME) has an RSI value of 51.5516. This indicates that the stock is currently neutral.
What is the MACD signal for GME stock?
The MACD indicator for GAMESTOP CORP-CLASS A (GME) has a value of -0.0826762, indicating a bearish trend.
What is the short term momentum for GAMESTOP CORP-CLASS A (GME) stock?
The short term momentum for GAMESTOP CORP-CLASS A (GME) is neutral.