Trading Signals: GME Stock Price Prediction and Forecast

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Fri. Feb. 26, 2021

Trading Signals: GME Stock Price Prediction and Forecast (Tue. Jan. 19, 2016 - Fri. Feb. 26, 2021)

(GameStop Corp.)
GME latest price $101.7400 (-6.43%) ($86.0000 - $142.9000) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend Reversal
Average Daily Price Swing   $68.78 (83.65% one month average)
Average Daily Percentage Swing   30.62% (three month average)
Weekly Trend Force   4.6% (StdDev 30.62%)
Daily Moving Force   17.3%
Correction Force   Very Weak (20%)
Trend   2.52%
Trend Strength   -22.8%
RSI   69
Momentum   2.7
Latest Price   $101.7400(-6.43%)
Forecasted Low Price   96.25(-5.4%)
Forecasted High Price   144.17(41.7%)
Direction of Next Movement   Higher(47.3%)
% Change Needed to Confirm Correction   681.4% (13.02)
% Change Needed for Trend Reversal   75.7%
Hourly Trend 17.4% [$125.26(21.85), $90.7(16.55)]
Stocks Behave Similarly   Similar Stock List
Complacency   4
Intraday Reversal Probability   N/A.
Daily Trend   GME advances 18.4% a day on average for past five trading days.
Weekly Trend   GME advances 26.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support GME advance at 2.3% a week (64% probability)
XRT(87%)    VXX(61%)    VIXM(55%)    IWC(15%)    GLD(10%)
Factors Impacting GME price   GME will advance at least 11% in a week (65% probabilities).
XLC(-67%)    XLU(-65%)    EWJ(-65%)    FXI(-64%)    VT(-62%)
Explanation The rally is sustainable and supported by the broad market.
Trading Plan   Buy the reversal

Valuation to SPY 0

Relative Volatility -1.3 (options are cheap)

Market Trend Strength   17.9% (StdDev 30.62%)
Hourly BBV 0.8 ()
Intraday Trend -13.1%

Next Day Open Price   $111.47(9.56%)
5 Day Moving Average   $78.63(29.39%)
10 Day Moving Average   $63.44(60.37%)
20 Day Moving Average   $82.22(23.74%)
To recent high   -70.7%
To recent low   699.8%
Market Cap   $7.091b

Option Sentiment

Earning Release Date   Wed. Dec. 31, 1969
Analyst One Year Target Price   $13.50 ($8.00 - $20.00)
  1 analysts (last updated on Fri. Nov. 27, 2020)
% to Average Target Price   -86.73%
% to Low Target Price   -92.14%
% to High Target Price   -80.34%

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. GME price fluctuates within 83.65% (three month std-dev: 30.62% one year average std_dev: 0%) daily (68% of days).
$. GME price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Feb_26_2021	82.22 (-4%)	63.44 (5.4%)	78.63 (18.4%)	90.7	125.26(0%)	101.74(-6.43%)	86-142.9	-0.1(0.3)	0.8	17.3%	4.6%	20%	2.52%	-22.8%	69	2.7	Growing Uptrend	Higher(34%)	4	0	0.4	Uptrend Reversal	128.98(26.77%)	106-144.29	91.47	-70.7%-699.8%
2	Feb_25_2021	86.14 (-3.4%)	58.01 (2.6%)	66.4 (25.8%)	74.15	103.41(0%)	108.73(18.56%)	101-184.68	-0.3(0.3)	1.1	36.8%	4%	0%	0.74%	-32.7%	74	2.7	Growing Uptrend	Higher(40.8%)	3	0.1	0.5	Rebound	98.63(-9.29%)	117.91-90.36	147.75	-68.7%-754.8%
3	Feb_24_2021	96.61 (-1.4%)	51.69 (-1.6%)	52.79 (21%)	49.76	56.13(0%)	91.71(103.94%)	44.7-91.71	-0.5(-0.1)	6.6	17%	5.4%	0%	-1.62%	-46.5%	56	3.1	Uptrend Reversal	Higher(22.4%)	2	-0.1	1.1	Range Bound	91.27(-0.48%)	96.08-87.34	64.56	-73.6%-621%
4	Feb_23_2021	99.22 (-1%)	47.08 (-4.4%)	43.64 (-2%)	43.88	44.88(0%)	44.97(-2.24%)	40-46.23	-0.7(-0.6)	0	0.6%	-2.7%	0%	-3.44%	-52.6%	30	3.3	Downtrend Consolidation	Range(-1%)	1	-0.6	1.5	Downtrend	39.2(-12.83%)	34.48-50.22	7.35	-87.1%-253.5%
5	Feb_22_2021	101.29 (-0.6%)	48.48 (-7.4%)	44.55 (-2.8%)	44.83	43.4(0%)	46(13.33%)	42.4-48.51	-0.7(-0.6)	0.3	-0.9%	-2.8%	0%	-5.34%	-52.1%	20	3.2	Growing Downtrend	Range(-3.7%)	0	-0.6	1.7	Downtrend	37.34(-18.82%)	31.4-51.21	19.2	-86.8%-261.6%

6	Feb_19_2021	102.8 (-0.4%)	50.15 (-10.2%)	45.83 (-4.4%)	46.18	42.87(0%)	40.59(-0.25%)	38.5-43.89	-0.8(-0.7)	-2	-6.6%	-2.2%	0%	-7.22%	-51.2%	12	3.2	Growing Downtrend	Range(-8.7%)	0	-0.6	1.9	Downtrend	29.32(-27.77%)	22.56-45.1	14.17	-88.3%-225.8%
7	Feb_18_2021	103.63 (-0.2%)	51.53 (-11.2%)	47.93 (-4.2%)	48.82	46.26(0%)	40.69(-11.43%)	40.65-48.87	-0.8(-0.7)	-2.8	-5.4%	-6.9%	0%	-7.82%	-50.3%	36	3.1	Growing Downtrend	Range(-6.6%)	0	-0.7	1.9	Downtrend	29.49(-27.52%)	22.78-45.17	23.83	-88.3%-251.7%
8	Feb_17_2021	104.29 (0.2%)	56.43 (-12.2%)	50.03 (-1.7%)	50.44	49.49(0%)	45.94(-7.21%)	44.56-51.19	-0.8(-0.6)	-1.9	-3%	-5.3%	0%	-8.48%	-45.9%	31	3.1	Growing Downtrend	Range(-4.7%)	0	-0.6	2.1	Downtrend	31.97(-30.42%)	23.82-50.97	9.18	-86.8%-297.1%
9	Feb_16_2021	104.66 (0.4%)	60.65 (-12.2%)	50.9 (-4%)	51.67	51.37(0%)	49.51(-5.52%)	49.04-53.5	-0.8(-0.6)	-0.6	-1.1%	-18.6%	0%	-8.42%	-42.1%	54	3.1	Growing Downtrend	Lower(-16.9%)	0	-0.6	2	Correction	-10.67(-121.56%)	-19.77-25.7	8.1	-85.8%-327.9%
10	Feb_12_2021	104.65 (0.6%)	76.72 (-10.4%)	53 (-4.1%)	52.04	51.39(0%)	52.4(2.54%)	48.05-55.24	-0.7(-0.6)	-1.1	-3.4%	-23%	0%	-7.04%	-26.7%	64	3.2	Growing Downtrend	Lower(-26.4%)	1	-0.5	2.1	Correction	-3.35(-106.4%)	-12.11-31.67	14.45	-84.9%-375.9%

11	Feb_11_2021	104.68 (1%)	101.87 (-7.4%)	55.28 (-0.9%)	55.49	51.97(0%)	51.1(-0.2%)	48.22-55.32	-0.6(-0.6)	-2.3	-2.9%	-9.6%	0%	-4.84%	-2.7%	65	3.2	Growing Downtrend	Range(-12.4%)	2	-0.5	2.2	Correction	8.7(-82.98%)	1.48-37.57	12.9	-85.3%-364.1%
12	Feb_10_2021	104.39 (1.2%)	115.92 (-5.8%)	55.76 (-12.9%)	59.19	52.7(0%)	51.2(1.77%)	46.55-62.83	-0.6(-0.6)	-2.8	-11.4%	-16.8%	0%	-3.66%	11.1%	68	3.2	Growing Downtrend	Lower(-28.2%)	3	-0.5	2.2	Correction	12.4(-75.79%)	5.55-39.79	36.14	-85.3%-365%
13	Feb_9_2021	103.56 (1.8%)	144.14 (-1.8%)	64 (-11%)	64.08	59(0%)	50.31(-16.15%)	46.52-57	-0.4(-0.6)	-3.3	-13.7%	-5.1%	0%	-0.8%	39.2%	69	3.3	Growing Downtrend	Range(-10.7%)	4	-0.5	2	Range Bound	51.91(3.18%)	59.46-45.73	26.41	-85.5%-356.9%
14	Feb_8_2021	102.78 (2.4%)	155.14 (-0.2%)	71.94 (-31.5%)	76	65.69(0%)	60(-5.91%)	58.02-72.66	-0.3(-0.4)	-7.1	-16.8%	-1.3%	0%	0.62%	50.9%	70	3.3	Downtrend Reversal	Lower(-15.1%)	5	-0.4	1.8	Range Bound	60.97(1.62%)	65.56-57.22	25.52	-82.7%-445%
15	Feb_5_2021	101.33 (5%)	158.85 (3.2%)	104.94 (-33.2%)	88.54	69.17(0%)	63.77(19.2%)	51.09-95	-0.1(-0.4)	-5.2	-39.5%	-0.5%	10%	3.68%	56.8%	72	3.4	Downtrend Reversal	Lower(-30%)	6	-0.3	1.7	Downtrend Reversal	55.87(-12.39%)	51.61-72.89	80.19	-81.6%-479.2%

16	Feb_4_2021	99.67 (10.8%)	161.11 (10%)	157.18 (-15.1%)	139.23	86.31(0%)	53.5(-42.11%)	53.33-91.5	0.4(-0.5)	-6.4	-30.6%	-0.3%	0%	10.22%	61.6%	69	3.6	Downtrend Reversal	Range(-9.8%)	7	-0.3	1.5	Uptrend Consolidation	65.54(22.51%)	61.38-78.03	60.89	-84.6%-390.4%
17	Feb_3_2021	98.56 (15.4%)	162.54 (15.8%)	185.2 (-21.6%)	206.7	107.91(0%)	92.41(2.68%)	85.25-113.4	0.8(-0.1)	-1.9	-50.7%	2.4%	0%	15.7%	64.9%	75	3.7	Correction	Lower(-48.3%)	8	0	1.7	Downtrend Reversal	239.03(158.66%)	250.16-194.48	42.28	-73.4%-747%
18	Feb_2_2021	95.23 (30.6%)	159.24 (37.2%)	236.22 (-4.7%)	249.07	192.15(0%)	90(-60%)	74.22-158	1.3(-0.1)	-1.5	-36.6%	2.4%	0%	35.28%	67.2%	78	3.9	Correction Correction	Range(-4.2%)	9	0	1.4	Uptrend Consolidation	133.88(48.75%)	94.74-251.27	77.15	-74.1%-737.2%
19	Feb_1_2021	91.98 (39.8%)	156.11 (54.4%)	247.82 (13.6%)	299.52	305.5(0%)	225(-30.77%)	212-322	1.9(1.3)	0	6.1%	11.9%	0%	50.04%	69.7%	85	4.3	Uptrend Dip	Higher(33.4%)	10	1.3	1.1	Uptrend	887.04(294.24%)	169.05-1194.75	34.87	-35.3%-1993%
20	Jan_29_2021	81.23 (38.6%)	137.39 (56.6%)	218.17 (31.3%)	261.48	305.98(0%)	325(67.87%)	250-413.98	2.2(2.5)	2.6	13.8%	21.3%	-18.3%	51.24%	69.1%	90	4.8	Overbought	Lower(-22.5%)	10	2.7	0.2	Growing Uptrend	1591.69(389.75%)	156.51-1950.48	49.91	-6.5%-3004.1%

21	Jan_28_2021	64.8 (31.4%)	107.45 (49.4%)	166.18 (22.1%)	200.59	293.54(0%)	193.6(-44.29%)	112.25-483	2.3(1.6)	0.5	24.6%	15.1%	-33.5%	43.98%	65.8%	88	5.2	Uptrend Dip	Lower(-53.3%)	10	1.8	0.6	Uptrend Dip	1582.83(717.58%)	60.25-1963.47	56.36	-44.3%-1749.1%
22	Jan_27_2021	55.54 (26.6%)	90.83 (43.8%)	136.06 (82.9%)	147.34	216.99(0%)	347.5(134.83%)	249-380	2.5(3.9)	2.2	48.3%	36.8%	-26.1%	38.66%	63.5%	96	5.9	Overbought	Lower(-21.7%)	10	4.1	0.9	Growing Uptrend	1650.49(374.96%)	51.91-2050.11	91.02	0%-3219%
23	Jan_26_2021	37.67 (13.4%)	55.58 (22.4%)	74.39 (41.3%)	78.25	107.64(0%)	147.98(92.71%)	80.2-150	2.3(3.6)	3.2	27.2%	22.7%	-16.7%	19.64%	47.6%	94	5	Overbought	Lower(-15.3%)	10	3.7	1.5	Growing Uptrend	381.2(157.6%)	75.1-457.71	171.16	0%-1313.4%
24	Jan_25_2021	30.71 (8.8%)	41.98 (15%)	52.66 (18.6%)	58.7	77.69(0%)	76.79(18.12%)	61.13-159.18	2.1(2.8)	1.1	29.1%	13.2%	-8.7%	13.16%	36.7%	92	4.4	Overbought	Range(-3.5%)	10	2.8	2.2	Growing Uptrend	148.03(92.77%)	58.04-170.52	176.01	0%-633.4%
25	Jan_22_2021	27.68 (7.4%)	35.86 (12.2%)	44.4 (12.8%)	44.23	48.86(0%)	65.01(51.08%)	42.32-76.76	2(2.9)	2.4	14.9%	12.2%	-4%	10.84%	29.6%	87	3.9	Overbought	Range(1.8%)	10	3.1	2.1	Growing Uptrend	106.82(64.31%)	49.86-121.06	195.65	0%-520.9%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low