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Gme stock price today forecast momentum oscillators suggest overbought
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Momentum oscillators suggest overbought territory could approach by late afternoon, potentially tempering bullish legs in GME stock price today forecast if volumes slow after peak hour. The video game retailer's shares have seen a decrease of 12.38% over the last month, not keeping up with the Consumer Discretionary sector's gain of 2.51% and the S&P 500's gain of 1.67%. Sales rose 18% year over year. Operating profits increased to $46 million from $28 million a year earlier. For the full year, the company guided for higher earnings than the Street was expecting. Analysts tracking GME stock price today forecast expect intraday swings tied to broader Nasdaq momentum. Technicals show resistance around $27.20 and support near $25.80, with RSI at 57 hinting at potential upward bias.