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Gamestop Corp

Gamestop Corp chart

Gamestop Corp market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

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Gamestop Corp details

GameStop (NYSE:GME) is a US-based retail company focused on video games, PC entertainment software and pop culture collectables. The company operates in the US, Canada, Australia and Europe.

There are several other brands under the GameStop umbrella, including EB Games, Game Informer, Electronics Boutique, Zing Pop Culture, Power to the Players and ThinkGeek.

GameStop is now known as a popular ‘meme stock’. It made headlines after a group of retail traders – coordinated via a Reddit thread – nearly quadrupled the company’s share price in 2021. The event caused a short squeeze that led traditional hedge funds to lose millions of dollars.

You can trade GameStop shares using our extended hours offering, which is completely separate from our regular offering. Search ‘GameStop Extended Hours’ in our platform.

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Share CFDs explained

Share CFDs explained

If you want to profit from a company’s performance, then trading shares is the way to do it. We explain what they are and the key things you need to know.

Why trade share CFDs?

Shares are one of the most popular asset classes to trade and are a favourite of longer-term traders. We list the key reasons why shares are such an attractive investment.

How to trade shares

Want to know how to trade shares using CFDs without owning the underlying stock? This section breaks down how to profit from falling and rising prices.

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