Is GME Worth Buying in 2026?

GameStop Corp. Class A

STOCK RETAIL-COMPUTER & COMPUTER SOFTWARE STORES Updated 2026-08-16

Here’s whether GameStop Corp. Class A (GME) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-2.64% over 10 days); RSI 23 — oversold; weak 1-year return of -18.5%; 3-month momentum negative (-13.6%); rising volume on a downtrend (distribution, 1.85x avg). Currently 33.6% off its 52-week high. Score: -7/7.

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GME is trading below its 200-day MA ($22.44) — a key warning sign the longer-term trend is under pressure. An RSI of 22.8 has dropped into oversold territory, which has historically preceded short-term bounces. The 1-year return of -18.5% compares to +20.4% for SPY (trailed the market by 38.9%). The current 33.6% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $8,152 today
vs. S&P 500 (SPY) — same period trailed market by 38.9%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($22.44)
Above 50-day MA ($21.28)
!RSI(14) neutral zone (30–70) — currently 22.8
Positive return (-18.5%)
!Within 10% of period high (−33.6%)
Period Range $18.66
$18.33 $28.10
RSI (14) 22.8
0 · OversoldOverbought · 100

Key Metrics

Price$18.66
Period Return-18.5%
Period High$28.10
Period Low$18.33
Drawdown−33.6%
MA-50$21.28
MA-200$22.44
RSI (14)22.8
Avg Volume (30d)5.5M
vs. SPYtrailed by 38.9%
Return Rank#877 of 1252

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