Is GME Worth Buying in 2026?

GameStop Corp. Class A

STOCK RETAIL-COMPUTER & COMPUTER SOFTWARE STORES Updated 2026-08-23

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 (-3.19% over 10 days); weak 1-year return of -19.3%; 3-month momentum negative (-17.1%). Currently 35.2% off its 52-week high. Score: -6/7.

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GME is trading below its 200-day MA ($22.33) — a key warning sign the longer-term trend is under pressure. An RSI of 32.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -19.3% compares to +20.5% for SPY (trailed the market by 39.8%). The current 35.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $8,072 today
vs. S&P 500 (SPY) — same period trailed market by 39.8%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($22.33)
Above 50-day MA ($20.87)
RSI(14) neutral zone (30–70) — currently 32.4
Positive return (-19.3%)
!Within 10% of period high (−35.2%)
Period Range $18.21
$17.79 $28.10
RSI (14) 32.4
0 · OversoldOverbought · 100

Key Metrics

Price$18.21
Period Return-19.3%
Period High$28.10
Period Low$17.79
Drawdown−35.2%
MA-50$20.87
MA-200$22.33
RSI (14)32.4
Avg Volume (30d)5.8M
vs. SPYtrailed by 39.8%
Return Rank#740 of 999

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