GameStop (GME), Jan 27, 2021

US stock · 60 daily candles up to Jan 26, 2021

GME daily candles before 2021-01-27; the event day is hidden43.5128.6313.75-1.13

Did GME close higher or lower on Jan 27, 2021?

Compared with the previous close. The hidden candle is the dashed box.

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GME daily candles around 2021-01-27, with the event day highlighted132.5785.3038.04-9.23

GME closed up 134.87% at 86.88.

The hidden day

Over the prior 20 sessions it gained 633.9%, and RSI(14) sat near 96 (overbought).

Opening gap
+139.82%
Day range
88.54%
Volume vs 50-day avg
3.3×

What happened next

Next session
-44.29%
5 sessions later
-73.41%
20 sessions later
-68.72%

Measured from the event-day close.

Background

The peak of the 2021 GameStop short squeeze driven by retail traders on Reddit. U.S. options trading volume hit an all-time single-day record that day, driven largely by GameStop and related stocks, and GME posted its highest close of the squeeze.

Source: NYSE — Q1 2021 Options Review

What you can see before the call

Last visible close
36.99
20-session trend
+633.9%
RSI (14)
96
vs 50-day SMA
+532.8%
vs 200-day SMA
+1266.4%
vs 52-week high
-7.0%

Try a similar case

Keep practicing

Historical practice only. Past price moves say nothing certain about the next one, and nothing here is investment advice.