GME Daily Trend Analysis: Navigating Volatility Amidst Reversal Patterns.



Introduction: Over the last four days, GME displayed a rebound trend within the bearish zone. However, on Wednesday, October 25th, the stock transitioned back into a downtrend, indicating intensified selling pressure. As anticipated, a prolonged downtrend seems likely, potentially deepening until early next week. Subsequently, a reversal to an upward trend is anticipated, possibly around mid-next week, as selling pressure weakens.

Market Context: GME's trends are closely tied to the broader market, showing a 70% correlation. Vigilant market observation is crucial. The market is expected to shift to a rebound trend in 1-2 weeks, likely impacting GME positively during the same period.

Conclusion: While short-term optimism exists for GME, expecting a sustained long-term uptrend requires further observation. Uncertainties persist, indicating a need for patience. Please note that these trends may be influenced by broader market dynamics. For further updates, stay tuned.


Oct 25, 2023

Closed price

13.71

-2.35%

 

 

Appropriate Investment Position: Bearish-Sell [Long-term strategy]

Today's stock price Buy-Sell intensity analysis

The current trend appears to be 'Entering a downtrend'. The OPEN-price started with a weaker decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and an appropriate LOW-price compared to the current trend. Finally, the CLOSE-price closed with a suitable decline rate for the current trend.

The overall buy-sell intensity indicates that the sell intensity is stronger than the buy.

Assuming that the average sell intensity is -100%,

Today's sell intensity is

-125%

 

 

Tomorrow's stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like GME stock will enter a Downtrend tomorrow

The %intensity of Risk & Return tomorrow :

-100%

HIGH ~ LOW % range tomorrow :

-0.2%

-5.4%

Predicted Average loss over the next 3 days:

-12.8%

The price of GME stock moves in line with the rise and fall of the stock market index with a probability of

70%

 

, and conversely, it moves against the stock market index trend with a probability of

30%

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

GME stock price 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. However, in terms of the expected strength of the upward and downward movements, the upward strength is moderate, while the downward strength is higher. Currently, it's about to begin a downtrend as a rebound trend gradually gives way to small increases and sharp declines. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Oct 26

 

 

A good price to sell a stock:

$ 13.63

And the appropriate buying timing is predicted to be in 3 days.

 

The buying date is

Oct 27

to

Oct 30

A good price to buy a stock:

$ 12.63

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 1 day from now, 4 days from now, 8 days from now

65%

Prediction of Upper~Lower price range over the next 10 days

Price:

12.31

~

13.98

% Change:

-10.2%

~

2.0%

Median price between the upper and lower prices

13.15

-4.1%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-41%

The Current trend zone & level%

Bearish

-31%

The expected average trend zone & level% for the next 10 days

Bearish

-25%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

39%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-71%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a downtrend

-100%

-0.2%

-5.4%

In 2 days: Downtrend

-94%

-0.3%

-3.9%

In 3 days: Entering a rebound trend

-10%

0.5%

-2.0%

In 4 days: Entering a rebound trend

42%

3.5%

-0.6%

In 5 days: Rebound trend

45%

4.3%

0.2%

In 6 days: Rebound trend

30%

1.8%

0.1%

In 7 days: Entering a downtrend

-20%

0.8%

-1.3%

In 8 days: Entering a downtrend

-100%

-0.3%

-4.7%

In 9 days: Downtrend

-97%

-0.3%

-4.0%

In 10 days: Entering a rebound trend

-74%

0.0%

-2.5%

Average closing price in case of rising:

 

1.7%

=> HIGH ~ LOW range:

3.3%

~

-1.5%

Average closing price in case of falling:

 

-2.6%

=> HIGH ~ LOW range:

1.3%

~

-3.2%

The 10-day prediction and technical analysis of GME stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

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