RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TTWO
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Take-Two Interactive Software stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Take-Two Interactive Software stock price gained 1.07% on the last trading day (Thursday, 28th Mar 2024), rising from $146.92 to $148.49. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.99% from a day low at $144.58 to a day high of $150.34. The price has risen in 9 of the last 10 days and is up by 3.28% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 471 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $245.02 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.17% during the next 3 months and, with a 90% probability hold a price between $121.85 and $138.29 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TTWO Signals & Forecast

There are mixed signals in the stock today. The Take-Two Interactive Software stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $148.75 and $149.29. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Friday, March 08, 2024, and so far it has risen 3.31%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Take-Two Interactive Software stock

Take-Two Interactive Software finds support from accumulated volume at $146.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $5.77 between high and low, or 3.99%. For the last week the stock has had daily average volatility of 2.92%.

Our recommended stop-loss: $140.50 (-5.38%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 14 days ago.)

Trading Expectations (TTWO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Take-Two Interactive Software to open at $147.80, and during the day (based on 14 day Average True Range), to move between $144.82 and $152.16, which gives a possible trading interval of +/-$3.67 (+/-2.47%) up or down from last closing price. If Take-Two Interactive Software takes out the full calculated possible swing range there will be an estimated 4.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $146.14 (1.58%) than the resistance at $154.91 (4.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Take-Two Interactive Software stock A Buy?

Take-Two Interactive Software holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.757 Hold/Accumulate Upgraded

Predicted Opening Price for Take-Two Interactive Software of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$147.80 ( 0.464%) $148.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TTWO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 153.57 3.42 %
R2 151.36 1.94 %
R1 150.00 1.02 %
Current price: 148.49
Support S1 145.60 -1.95 %
S2 144.24 -2.86 %
S3 142.04 -4.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 169.60 14.22 %
R2 155.27 4.57 %
R1 154.91 4.32 %
Current price 148.49
Support S1 146.14 -1.58%
S2 143.94 -3.06%
S3 143.91 -3.08%

TTWO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 19, 2008 Sep 25, 2008 Oct 06, 2008 $0.0010 0.0069%

FAQ

What is the symbol for Take-Two Interactive Software Stock and on which exchange is it traded?
The symbol for Take-Two Interactive Software is TTWO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Take-Two Interactive Software Stock?
Take-Two Interactive Software holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Take-Two Interactive Software Stock?
Take-Two Interactive Software Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Take-Two Interactive Software Stock.

What's the current price of Take-Two Interactive Software Stock?
As of the end of day on the 2024-03-28, the price of an Take-Two Interactive Software (TTWO) share was $148.49.

What is the 52-week high and low for Take-Two Interactive Software Stock?
The 52-week high for Take-Two Interactive Software Stock is $171.59 and the 52-week low is $115.30.

What is the market capitalization of Take-Two Interactive Software Stock?
As of the 2024-03-28, the market capitalization of Take-Two Interactive Software is 25.33B.

When is the next earnings date for Take-Two Interactive Software?
The upcoming earnings date for Take-Two Interactive Software is May 15, 2024.
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About Take-Two Interactive Software

Take-Two Interactive Software Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and T2 Mobile Games names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content, as well as develops brands in other genres,... TTWO Profile

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