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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
GameStop Corporation (NYSE:GME)
Long-Term Downtrend (-90) - GME is in a strong downtrend that is likely to continue. While GME is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GME?
MarketClub looks at technical strength and momentum to determine if the timing is right for GME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GME
The long-term trend has been DOWN since Aug 22nd, 2023 at 18.0600
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 13.2000
The short-term trend has been DOWN since Apr 15th, 2024 at 10.7501
Smart Scan Analysis for GME
Based on our trend formula, GME is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.200 | 10.495 | 10.200 | 10.425 | +0.115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.420 | 2144773 | 2024-04-19 15:59:32 |
| Year High | 20.31 | Year High Date | 2018-01-11 |
| Year Low | 12.14 | Year Low Date | 2018-11-20 |
| 52wk High | 27.65 | 52wk High Date | 2023-06-13 |
| 52wk Low | 9.95 | 52wk Low Date | 2024-04-16 |
| Year End Close | 25.09 | Average Volume | 6,079,233 |
| Shares Outstanding | 305,873 | Short Interest | 39,236,440 |
| % Institutional | 4.6 | Market Cap | 469M |
| Assets | 270,900,000M | Liabilities | 137,040,000M |
| P/E Ratio | 515.5 | Beta | 1.07 |
| Volatility | 63.25 |