GME Daily Technical Analysis
GameStop Corp.
Video game retailer that became a meme stock with significant retail following.
GME Technical Analysis Summary
GameStop has mounted an aggressive recovery from its $18.00 base, successfully reclaiming its 200-day moving average at 22.19 on expanding upward momentum. While the short-term trend is strongly bullish, an overbought RSI reading of 74.58 and contact with the upper Bollinger Band suggest a period of consolidation or a retest of 200-day SMA support may precede further upside. Sustained closes above $23.00 would open the path toward significant resistance in the $25.50 to $26.50 region.
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GME Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price has executed a sharp rally off the $18 base, reclaiming both the 50-day and 200-day SMAs, though currently pausing at the upper Bollinger Band with an overbought RSI of 74.58.
Long-term Sentiment (weeks to months): Neutral
The stock remains within a broader multi-month consolidation range between $18 and $28, with the 50-day SMA still positioned beneath a flat 200-day SMA.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-18T20:21:48.958Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $22.13 | $22.00 - $22.25 | Moderate | Aligns with the 200-day SMA at 22.19 and recent breakout level. |
| $19.90 | $19.70 - $20.10 | Strong | Confluence of the 50-day SMA (20.08) and 20-day Bollinger middle band (19.69). |
| $18.05 | $17.80 - $18.30 | Strong | Major swing low support base formed in August and early September. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $23.20 | $22.90 - $23.50 | Moderate | Upper Bollinger Band zone and prior consolidation level from June/July. |
| $26.00 | $25.50 - $26.50 | Strong | Prominent peaks established during the February and May rally attempts. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Double Bottom / Rounded Base Breakout | Bullish | $26.00 | Price established a firm double bottom near $18.00 in August and September before surging cleanly through the 50-day and 200-day moving averages. |
Frequently Asked Questions about GME
What is the current sentiment for GME?
The short-term sentiment for GME is currently Bullish because Price has executed a sharp rally off the $18 base, reclaiming both the 50-day and 200-day SMAs, though currently pausing at the upper Bollinger Band with an overbought RSI of 74.58.. The long-term trend is classified as Neutral.
What are the key support levels for GME?
StockDips.AI has identified key support levels for GME at $22.13 and $19.90. 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 52/100. 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.