GME Daily Technical Analysis
GameStop Corp.
Video game retailer that became a meme stock with significant retail following.
GME Technical Analysis Summary
GME has staged an aggressive short-term recovery off support near 18.00, reclaiming both the 20-day and 50-day moving averages as momentum indicators push into bullish territory. However, the broader trend remains constrained below the downward-sloping 200-day SMA at 22.17 and previous breakdown resistance around 21.00-21.50. Sustained volume and a decisive close above the 200-day SMA will be required to confirm a full reversal of the intermediate downtrend.
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GME Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price has rebounded sharply from the August lows around 18.00, breaking above the 20-day SMA and upper Bollinger Band with strong green candles and RSI rising to 64.04.
Long-term Sentiment (weeks to months): Bearish
Price remains below the declining 200-day SMA (22.17) and is recovering from a major downward gap in early August, maintaining a broader pattern of lower highs over recent months.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:21:20.749Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $19.97 | $19.80 - $20.13 | Moderate | Confluence of the 50-day SMA (20.13) and the upper Bollinger Band boundary currently being tested as support. |
| $18.20 | $17.80 - $18.60 | Strong | Recent consolidation base and August double-bottom support zone before the rebound. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $21.25 | $21.00 - $21.50 | Moderate | Prior support zone from July that served as breakdown level into the August sell-off. |
| $22.25 | $22.00 - $22.50 | Strong | Major resistance cluster defined by the 200-day SMA (22.17) and pre-gap breakdown levels. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Double Bottom | Bullish | $21.80 | Formed twin swing lows near 18.00 in mid and late August followed by a breakout above the interim peak with rising volume. |
| Moderate | Gap Fill | Bullish | $21.50 | Price is moving upward to fill the large down-gap opened in early August between 20.50 and 21.50. |
Frequently Asked Questions about GME
What is the current sentiment for GME?
The short-term sentiment for GME is currently Bullish because Price has rebounded sharply from the August lows around 18.00, breaking above the 20-day SMA and upper Bollinger Band with strong green candles and RSI rising to 64.04.. The long-term trend is classified as Bearish.
What are the key support levels for GME?
StockDips.AI has identified key support levels for GME at $19.97 and $18.20. These levels may represent potential accumulation zones where buying interest could emerge.
Is GME in a significant dip or a Value Dip right now?
GME has a Value Score of 67/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.