Trend: Bearish (SMA_200 > SMA_20 > SMA_5), confirming a persistent downtrend across long-, mid-, and short-term timeframes.
Momentum: MACD histogram at -0.341 and negatively expanding, suggesting downside momentum is still building rather than bottoming.
RSI: RSI_6 at 34.429 (weak/near-oversold zone but not a confirmed reversal); this can stay low in a downtrend.
Key levels: Current post-market 14.74 is near S1 (14.174). A breakdown below ~14.17 increases downside risk toward S2 (11.582). Resistance overhead is heavy (Pivot 18.369 then R1 22.565).
Pattern-based projection: Similar-pattern stats imply slightly negative drift over week/month, not supportive of an immediate dip-buy.
Positive Catalysts
where short-term bounces can occur if selling pressure fades.
Neutral/Negative Catalysts
Strong bearish technical setup (bearish MA stack + worsening MACD) suggests the downtrend is still intact.
Large one-day drawdown (-11.44%) signals risk of continued volatility and potential follow-through selling.
EPS collapsed (-88.89% YoY) despite higher revenue/net income, raising concerns about dilution/one-offs or earnings quality.
No recent news flow to act as an event-driven catalyst.
No notable hedge fund/insider trend and no congress trading data to support a confidence bid.
No analyst rating or price target change data provided, so Wall Street consensus trend cannot be confirmed from the dataset.
Practical read-through without explicit coverage data: the tape is currently bearish (price/technicals), while fundamentals show revenue/net income growth but problematic per-share earnings, which would likely keep pro sentiment mixed-to-cautious near term.
Wall Street analysts forecast GDEV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GDEV is 70 USD with a low forecast of 70 USD and a high forecast of 70 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast GDEV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GDEV is 70 USD with a low forecast of 70 USD and a high forecast of 70 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
