GAMESTOP CORP-CLASS A (GME) Stock Technical Analysis
NYSE:GME - New York Stock Exchange, Inc. - US36467W1099 - Common Stock - Currency: USD
Taking everything into account, GME scores 1 out of 10 in our technical rating. GME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GME is a bad performer in the overall market: 81% of all stocks are doing better.
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.
In the last month GME has a been trading in the 21.92 - 24.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
GME has an average volume of 16504100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GME is an average performer in the Specialty Retail industry, it outperforms 42% of 123 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
GME has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 21.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GME in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.33
24.63
2 important support areas can be observed.
- Support @21.73 from a horizontal line in the weekly time frame.
- Support @20.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @23.59 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 24.24 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GME is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GME is down. |
| ChartMill Relative Strength | 19.92 | NEGATIVE | GME has a low relative strength, it was outperformed by 80.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GME is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GME is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GME is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.42 | NEUTRAL | The RSI value for GME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GME has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.49 | OVERSOLD | The low Stochastics value suggests GME may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for GME suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for GME suggests a weak or negative trend. |
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)
NYSE:GME (8/5/2025, 3:45:05 PM)
22.84
+0.21 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.93%
1 Week-1.52%
2 Weeks-6.49%
1 Month0.04%
3 Month-17.83%
6 Month-8.49%
12 Month3.19%
2 Year21.99%
3 Year-20.98%
5 Year1255.09%
10 Year113.09%
15 Year404.85%
Volatility
ATR(14)0.7
ATR(20)%2.99%
ATR Inc-5.64%
Range Today0.59
ADR(20)0.67
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.92
Mansfield-1.76
10 Day High24.84
10 Day Low21.92
20 Day High24.84
20 Day Low21.92
52 Week High35.81
52 Week Low19.31
CS1 End21.73
CR1 Start23.59
Volume & EV
DER(3)3.22%
DER(5)1.43%
Volume4.22M
Volume Incr-11.12%
Vol(5)8.14M
Vol(50)16.50M