GME (GameStop) Daily Price Analysis.



Summary:

The daily price of GameStop has been in the Bearish zone for 29 consecutive days, with a cumulative decline of -15.7% since entering the Bearish zone based on the closing price at the entry point. Within the Bearish zone, the stock trend can be divided into 'downward trend' and 'rebound trend,' with a noticeable presence of potential selling sentiment. As of November 27th, a shift from the recent rebound trend to a stronger downward trend has been observed, and it is anticipated that this downward trend will continue for the next 2-3 days.

Future Outlook:

Following this period of increased selling intensity, a rebound trend is expected to resume once selling pressure subsides. However, it is anticipated that the overall bearish trend will persist as buying strength weakens again, and selling intensity strengthens. Given its 68% correlation with the broader U.S. market, fluctuations in the predicted trend may occur based on the overall market sentiment.

Despite potential variations in the timing and extent of rebounds, the overall future trend is expected to maintain a bearish tone, considering that the daily trend itself is moving within the Bearish zone.


Nov 27, 2023

◆ Closed price

11.91

-2.38%

　

　

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

◆ Today's stock price Buy-Sell intensity analysis

The current trend appears to be 'Downtrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a weaker LOW-price 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

-87%

 

 

◆ Tomorrow's stock price Buy-Sell intensity Prediction

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

The %intensity of Risk & Return tomorrow :

-97%

HIGH ~ LOW % range tomorrow :

0.1%

-3.9%

Predicted Average loss over the next 3 days:

-5.1%

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

68%

 

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

32%

 

 

◆ 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 2 : 8 for the downward to upward direction, indicating a higher proportion of the upward trend. 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 in the midst of a downtrend characterized by a strong downward price momentum, with temporary rises and strong falls. and The Buy-Sell intensity has changed from a weak selling flow to a strengthening selling flow again.

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

Nov 28

 

 

A good price to sell a stock:

$ 11.92

And the appropriate buying timing is predicted to be in 2 days.

 

The buying date is

Nov 28

to

Nov 29

A good price to buy a stock:

$ 11.39

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

◆ Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

◆ Predicting the Turning Point of the Trend

The probability of a trend reversal occurring approximately 2 days from now, 8 days from now

 

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

Price:

11.35

~

11.97

% Change:

-4.7%

~

0.5%

Median price between the upper and lower prices

11.66

-2.1%

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

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

Bearish

-35%

The Current trend zone & level%

Bearish

-46%

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

Bearish

-49%

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

40%

(Max 100%)

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

-74%

(Min -100%)

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

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a rebound trend

-97%

0.1%

-3.9%

In 2 days: Entering a rebound trend

-20%

0.8%

-2.6%

In 3 days: Rebound trend

46%

2.9%

0.0%

In 4 days: Rebound trend

44%

3.7%

0.2%

In 5 days: Entering a downtrend

22%

1.8%

0.0%

In 6 days: Entering a downtrend

-100%

-0.3%

-4.0%

In 7 days: Entering a downtrend

-83%

0.6%

-2.4%

In 8 days: Reversion to a rebound trend

-68%

0.3%

-1.3%

In 9 days: Rebound trend

42%

3.0%

-0.1%

In 10 days: Rebound trend

44%

3.6%

0.4%

◆ Average closing price in case of rising:

 

1.9%

=> HIGH ~ LOW range:

3.4%

~

-1.1%

◆ Average closing price in case of falling:

 

-2.5%

=> HIGH ~ LOW range:

1.2%

~

-3.1%

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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