Question 1

What implications does the 10-day RSI indicator have for GME?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GME's RSI Oscillator exited the oversold zone, 27 of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about GME's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did GME's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on GME as a result. In 72 of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for GME?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for GME just turned positive on August 14, 2024. Looking at past instances where GME's MACD turned positive, the stock continued to rise in 37 of 46 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for GME?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GME advanced for three days, in 232 of 275 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.

Question 6

What does a 3-day decline signify for GME's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GME declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

How does the Aroon Indicator reflect on GME's trend?

Accepted Answer

The Aroon Indicator for GME entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

GME Stock GameStop (GME, $31.57) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 5, 2024

GME in +5.28% Uptrend, growing for three consecutive days on August 09, 2024

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