Gamestop Stock Technical Analysis

GME
 Stock
  

USD 40.02  0.35  0.87%   

As of the 10th of August, Gamestop Corp retains the Risk Adjusted Performance of 0.1311, market risk adjusted performance of 0.2761, and Downside Deviation of 6.1. Gamestop Corp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Gamestop Corp, which can be compared to its competitors. Please check out Gamestop Corp maximum drawdown, and the relationship between the information ratio and downside variance to decide if Gamestop Corp is priced fairly, providing market reflects its last-minute price of 40.02 per share. Given that Gamestop Corp has jensen alpha of 0.7325, we strongly advise you to confirm Gamestop Corp's regular market performance to make sure the company can sustain itself at a future point.
  

Gamestop Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gamestop, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Gamestop
Gamestop Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Gamestop Corp Analyst Consensus

Target PriceAdvice# of Analysts
55.75Strong Sell4Odds
Gamestop Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Gamestop analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Gamestop stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gamestop Corp, talking to its executives and customers, or listening to Gamestop conference calls.
Gamestop Analyst Advice Details
Gamestop Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Gamestop Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gamestop Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Gamestop Corp Technical Analysis

Indicator
Time Period
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Gamestop Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Gamestop Corp Trend Analysis

Use this graph to draw trend lines for Gamestop Corp. You can use it to identify possible trend reversals for Gamestop Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Gamestop Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Gamestop Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Gamestop Corp applied against its price change over selected period. The best fit line has a slop of   0.21  , which may imply that Gamestop Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1599.66, which is the sum of squared deviations for the predicted Gamestop Corp price change compared to its average price change.

About Gamestop Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Gamestop Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Gamestop Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gamestop Corp stock first instead of the macroeconomic environment surrounding Gamestop Corp. By analyzing Gamestop Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Gamestop Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Gamestop Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2014 2022 (projected)
Long Term Debt to Equity0.690.1
Interest Coverage2.4537.36

Gamestop Corp August 10, 2022 Technical Indicators

Most technical analysis of Gamestop help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Gamestop from various momentum indicators to cycle indicators. When you analyze Gamestop charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Gamestop Corp August 10, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Gamestop stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. Note that the Gamestop Corp information on this page should be used as a complementary analysis to other Gamestop Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Gamestop Stock analysis

When running Gamestop Corp price analysis, check to measure Gamestop Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gamestop Corp is operating at the current time. Most of Gamestop Corp's value examination focuses on studying past and present price action to predict the probability of Gamestop Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gamestop Corp's price. Additionally, you may evaluate how the addition of Gamestop Corp to your portfolios can decrease your overall portfolio volatility.
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Is Gamestop Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gamestop Corp. If investors know Gamestop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gamestop Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.69
Market Capitalization
13.2 B
Quarterly Revenue Growth YOY
0.08
Return On Assets
-0.0921
Return On Equity
-0.41
The market value of Gamestop Corp is measured differently than its book value, which is the value of Gamestop that is recorded on the company's balance sheet. Investors also form their own opinion of Gamestop Corp's value that differs from its market value or its book value, called intrinsic value, which is Gamestop Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gamestop Corp's market value can be influenced by many factors that don't directly affect Gamestop Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gamestop Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Gamestop Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gamestop Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.