Trading Signals: GME Stock Price Prediction and Forecast

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Mon. Sep. 28, 2020

Trading Signals: GME Stock Price Prediction and Forecast (Tue. Jan. 19, 2016 - Fri. Dec. 22, 2023)

(GameStop Corp.)
GME latest price $10.0900 (0.7%) ($9.5500 - $10.2600) on Mon. Sep. 28, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.63% (three month average)
RSI   63
Latest Price   $10.0900(0.7%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   GME advances 2.8% a day on average for past five trading days.
Weekly Trend   GME advances 19.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support GME advance at 0% a week (0% probability)
XRT(48%)    IWC(30%)    IBUY(24%)    IWM(23%)    IWN(23%)
Factors Impacting GME price   GME will decline at least -3.315% in a week (0% probabilities).
UUP(-4%)    XLU(-3%)    VIXM(-3%)    UNG(-3%)    EDOC(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.315% (StdDev 6.63%)
Hourly BBV 0 ()
Intraday Trend -0.7%

5 Day Moving Average   $9.97(1.2%)
10 Day Moving Average   $9.35(7.91%)
20 Day Moving Average   $8.31(21.42%)
To recent high   -4.5%
To recent low   100.6%
Market Cap   $703m

$. GME price fluctuates within 16% (three month std-dev: 6.63%) daily (68% of days).

Sample size 4 Average positive next day return: 2.38%(25%) Average negative next day return: -2.7%(75%) Sample size 4 Average positive next three day return: 4.59%(25%) Average negative next three day return: -5.59%(75%) Sample size 4 Average positive next weekly return: 6.14%(50%) Average negative next weekly return: -7.02%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201028

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_28_2020	7.53	8.31	9.35	9.97	9.85	9.82	10.09(0.7%)	UT	OpenLong	75	0.1	54	-60	10	184	6.76	79%	1.48	106.2	6.63%	0	1.3	63	0.7
2	Sep_25_2020	7.42	8.08	9.04	9.7	9.98	9.52	10.02(9.63%)	UT	OpenLong	75	0.2	41	-240	1	161	7.52	79%	1.37	96.9	6.65%	0	1.4	64	0.6
3	Sep_24_2020	7.32	7.84	8.67	9.59	9.83	9.89	9.14(-8.96%)	UD	OpenLong	65	-0.3	33	120	-4	142	7.94	78%	1.1	95.6	6.57%	0	0.9	59	0.3
4	Sep_23_2020	7.24	7.64	8.39	9.6	9.81	10.44	10.04(-4.92%)	UD	OpenLong	75	0.3	47	520	15	141	10.65	83%	2.99	94.7	6.56%	0	1.6	64	0.1
5	Sep_22_2020	7.03	7.39	8.11	9.33	9.47	9.77	10.56(20.69%)	UT	OpenLong	75	0.8	57	270	32	130	34.75	83%	3.23	90.8	6.52%	0	2.1	67	0.7

6	Sep_21_2020	6.81	7.1	7.8	8.64	8.82	9.18	8.75(-7.6%)	UD	OpenLong	75	0.1	37	350	17	95	7.64	80%	1.64	81.8	6.06%	0	1.2	67	0.8
7	Sep_18_2020	6.7	6.91	7.68	8.27	8.31	9.16	9.47(2.93%)	UT	HoldLong	65	0.9	57	730	39	109	17.41	85%	2.6	73.9	5.96%	0	1.8	79	1.1
8	Sep_17_2020	6.53	6.67	7.49	7.59	7.67	8.47	9.2(5.99%)	UT	HoldLong	65	1.2	53	760	40	90	17.03	85%	2.03	60.3	5.97%	0	1.9	79	1.1
9	Sep_16_2020	6.4	6.44	7.32	7	6.96	7.46	8.68(22.43%)	UT	HoldLong	65	1.3	33	490	20	71	19.35	85%	2.24	49.8	5.94%	0	1.8	79	0.7
10	Sep_15_2020	6.26	6.24	7.19	6.73	6.6	6.88	7.09(2.6%)	UT	HoldLong	50	0.3	19	240	-4	88	5.74	80%	0.81	48.1	5.31%	0	0.7	75	0.6

11	Sep_14_2020	6.21	6.12	7.16	6.86	6.77	6.46	6.91(13.46%)	UD	OpenLong	65	0	28	-360	-8	134	10.12	80%	0.49	52.8	5.31%	0	0.7	75	0.6
12	Sep_11_2020	6.18	6.01	7.03	7	7.01	6.32	6.09(-2.25%)	UD	OpenLong	65	-0.7	20	-680	-28	162	6.06	76%	0	59.4	5.14%	0	0.1	68	0.3
13	Sep_10_2020	6.18	5.95	6.97	7.35	7.39	7.08	6.23(-15.24%)	UD	OpenLong	65	-0.9	38	-280	-22	217	15.56	76%	0	69.7	5.44%	0	0.2	74	-0.6
14	Sep_9_2020	6.18	5.87	6.89	7.65	7.39	7.7	7.35(-4.55%)	UD	OpenLong	65	-0.2	74	10	-3	304	9.07	100%	0.98	77.2	5.07%	0	1.1	84	-0.4
15	Sep_8_2020	6.12	5.72	6.66	7.71	7.72	7.69	7.7(0.65%)	UT	HoldLong	65	-0	95	-20	11	348	9.82	100%	1.83	80.6	5.03%	0	1.5	86	-1.2

16	Sep_4_2020	6.01	5.54	6.38	7.5	7.63	7.74	7.65(-2.17%)	UD	OpenLong	75	0.1	97	150	24	315	7.66	100%	2.39	80.4	5.67%	0	1.7	86	-1.6
17	Sep_3_2020	5.87	5.36	6.12	7.05	7.31	7.76	7.82(1.43%)	UT	HoldLong	65	0.7	95	540	33	280	14.34	100%	2.44	73.9	5.66%	0	2.2	85	-3.2
18	Sep_2_2020	5.73	5.18	5.79	6.54	6.69	7.53	7.71(0.78%)	UT	HoldLong	65	1.2	87	950	40	227	13.01	100%	1.6	69.5	5.69%	0	2.6	85	-1.3
19	Sep_1_2020	5.64	5.02	5.48	6.02	6.07	6.85	7.65(14.52%)	UT	HoldLong	65	2.1	80	920	47	177	23.21	100%	1.99	68.6	5.69%	0	3.3	86	-1
20	Aug_31_2020	5.53	4.84	5.17	5.48	5.48	5.85	6.68(23.93%)	UT	HoldLong	65	2.3	56	470	33	124	37.98	100%	1.28	74.8	5.44%	0	3.5	84	-0.6

21	Aug_28_2020	5.46	4.71	4.95	5.12	5.15	5.28	5.39(2.67%)	UT	HoldLong	65	0.7	28	190	8	87	4.24	100%	-0.18	81.4	4.7%	0	1.9	77	0.5
22	Aug_27_2020	5.47	4.64	4.89	5.05	5.04	5.12	5.25(2.74%)	UT	HoldLong	65	0.6	33	110	12	94	3.38	100%	-0.18	80.2	4.79%	0	1.8	78	0.5
23	Aug_26_2020	5.48	4.58	4.82	4.92	4.98	5.03	5.11(2.61%)	UT	OpenLong	75	0.6	26	110	8	79	2.78	100%	-0.54	73.7	4.84%	0	1.7	65	1
24	Aug_21_2020	5.51	4.43	4.65	4.76	4.75	4.78	5.03(9.11%)	UT	OpenLong	75	0.9	20	40	7	58	10.64	100%	-0.72	63.4	4.95%	0	1.9	68	1.4
25	Jun_10_2020	5.55	4.44	4.5	4.73	4.7	4.95	5.07(2.22%)	UT	OpenLong	75	1.1	14	350	8	30	10.61	80%		-0.4	8.81%	0	2.1	60	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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