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. - 15 min. - Technical analysis published on 05/13/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 27.15 USD
My targets
36.54 USD (+13.58%)
61.89 USD (+92.38%)
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 27.15 USD. The buyers' bullish objective is set at 36.54 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 61.89 USD. If there is any crossing, the next objective would be the resistance located at 86.88 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9

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 nfkhamis. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The GAMESTOP CORP. rating is 32.17 USD. On the day, this instrument gained +84.25% and was traded between 24.77 USD and 38.20 USD over the period. The price is currently at +29.87% from its lowest and -15.79% from its highest.

24.77
38.20
32.17

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

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 (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:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 15 min. 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 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

RSI indicator is overbought : over 90

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 20.20 21.07 26.95 32.17 36.54 61.89 86.88
Change (%) -37.21% -34.50% -16.23% - +13.58% +92.38% +170.07%
Change -11.97 -11.10 -5.22 - +4.37 +29.72 +54.71
Level Intermediate Minor Minor - 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
Standard12.8414.8616.1618.1819.4821.5022.80
Camarilla16.5516.8517.1617.4617.7618.0718.37
Woodie12.4814.6815.8018.0019.1221.3222.44
Fibonacci14.8616.1316.9118.1819.4520.2321.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.4110.5113.9917.0920.5723.6727.15
Camarilla15.6516.2516.8617.4618.0618.6719.27
Woodie7.5910.6114.1717.1920.7523.7727.33
Fibonacci10.5113.0314.5817.0919.6121.1623.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.088.529.8011.2412.5213.9615.24
Camarilla10.3410.5910.8411.0911.3411.5911.84
Woodie7.018.489.7311.2012.4513.9215.17
Fibonacci8.529.5610.2011.2412.2812.9213.96

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): 91.90
MACD (12,26,9): 1.7300
Directional Movement: 68.04
AROON (14): 28.57
DEMA (21): 21.91
Parabolic SAR (0,02-0,02-0,2): 17.13
Elder Ray (13): 9.31
Super Trend (3,10): 25.25
Zig ZAG (10): 31.70
VORTEX (21): 1.1900
Stochastique (14,3,5): 79.86
TEMA (21): 23.83
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 15.29
Repulse (5,40,3): 28.0300
ROCnROLL: 1
TRIX (15,9): 0.4900
Courbe Coppock: 51.45
MA7: 18.92
MA20: 13.61
MA50: 13.33
MA100: 14.18
MAexp7: 27.57
MAexp20: 18.70
MAexp50: 17.70
MAexp100: 16.78
Price / MA7: +70.03%
Price / MA20: +136.37%
Price / MA50: +141.34%
Price / MA100: +126.87%
Price / MAexp7: +16.68%
Price / MAexp20: +72.03%
Price / MAexp50: +81.75%
Price / MAexp100: +91.72%

Quotes : - 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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