GAMESTOP CORP. A

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	GS2C
ISIN:

GAMESTOP CORP. A - Daily - Technical analysis published on 05/06/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

94%

My opinion

Bullish above 13.553 EUR

My targets

15.281 EUR (+2.30%)

16.624 EUR (+11.29%)

My analysis

GAMESTOP CORP. A is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 13.553 EUR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 15.281 EUR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 16.624 EUR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 17.792 EUR. Beware of a possible return to under the support located at 13.553 EUR which would be the sign of a correction of the bullish excesses registered in the short term.

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

5.9

Comment on the analysis

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.

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Additional analysis

Quotes

The GAMESTOP CORP. A rating is 14.938 EUR. The price registered an increase of +19.49% on the session and was between 14.570 EUR and 15.182 EUR. This implies that the price is at +2.53% from its lowest and at -1.61% from its highest.

14.570

15.182

14.938

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

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 for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Daily chart of GAMESTOP CORP. A indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.974	12.478	13.553	14.938	15.281	16.624	17.792
Change (%)	-26.54%	-16.47%	-9.27%	-	+2.30%	+11.29%	+19.11%
Change	-3.964	-2.460	-1.385	-	+0.343	+1.686	+2.854
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Minor

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	10.635	11.107	11.805	12.277	12.975	13.447	14.145
Camarilla	12.180	12.288	12.395	12.502	12.609	12.717	12.824
Woodie	10.747	11.164	11.917	12.334	13.087	13.504	14.257
Fibonacci	11.107	11.554	11.830	12.277	12.724	13.000	13.447

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.415	9.331	10.917	11.833	13.419	14.335	15.921
Camarilla	11.814	12.043	12.273	12.502	12.731	12.961	13.190
Woodie	8.749	9.499	11.251	12.001	13.753	14.503	16.255
Fibonacci	9.331	10.287	10.878	11.833	12.789	13.380	14.335

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.665	8.519	9.493	10.347	11.321	12.175	13.149
Camarilla	9.963	10.131	10.298	10.466	10.634	10.801	10.969
Woodie	7.724	8.549	9.552	10.377	11.380	12.205	13.208
Fibonacci	8.519	9.218	9.649	10.347	11.046	11.477	12.175

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):	74.71
MACD (12,26,9):	0.1550
Directional Movement:	42.257
AROON (14):	92.857
DEMA (21):	10.996
Parabolic SAR (0,02-0,02-0,2):	9.975
Elder Ray (13):	3.665
Super Trend (3,10):	12.318
Zig ZAG (10):	14.860
VORTEX (21):	0.9890
Stochastique (14,3,5):	81.51
TEMA (21):	11.658
Williams %R (14):	-5.96
Chande Momentum Oscillator (20):	5.039
Repulse (5,40,3):	3.9310
ROCnROLL:	1
TRIX (15,9):	-0.5720
Courbe Coppock:	29.40

MA7:	11.403
MA20:	10.418
MA50:	11.830
MA100:	12.961
MAexp7:	11.853
MAexp20:	11.064
MAexp50:	11.608
MAexp100:	12.585
Price / MA7:	+31.00%
Price / MA20:	+43.39%
Price / MA50:	+26.27%
Price / MA100:	+15.25%
Price / MAexp7:	+26.03%
Price / MAexp20:	+35.01%
Price / MAexp50:	+28.69%
Price / MAexp100:	+18.70%

Quotes : - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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