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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.
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Electronic Arts Inc. stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Jun 20, 2024)

Buy or Hold candidate since Jun 04, 2024 Gain 0.99% PDF

The Electronic Arts Inc. stock price fell by -0.203% on the last day (Thursday, 20th Jun 2024) from $138.13 to $137.85. During the last trading day the stock fluctuated 1.22% from a day low at $137.04 to a day high of $138.71. The price has been going up and down for this period, and there has been a -0.08% loss for the last 2 weeks. Volume has increased on the last day by 351 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $290.46 million.

The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $138.24 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 5.16% during the next 3 months and, with a 90% probability hold a price between $135.03 and $145.37 at the end of this 3-month period.

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EA Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.203%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Electronic Arts Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $136.81 and $132.28. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Electronic Arts Inc. stock

Electronic Arts Inc. finds support from accumulated volume at $135.14 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 $1.67 between high and low, or 1.22%. For the last week the stock has had daily average volatility of 1.41%.

The Electronic Arts Inc. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $134.38 (-2.52%) (This stock has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a sell signal from a pivot top found 29 days ago.)

Trading Expectations (EA) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Electronic Arts Inc. to open at $137.87, and during the day (based on 14 day Average True Range), to move between $135.56 and $140.14, which gives a possible trading interval of +/-$2.29 (+/-1.66%) up or down from last closing price. If Electronic Arts Inc. takes out the full calculated possible swing range there will be an estimated 3.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $137.96 (0.08%) than the support at $135.14 (1.97%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Electronic Arts Inc. stock A Buy?

Electronic Arts Inc. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.235 Hold/Accumulate Downgraded

Predicted Opening Price for Electronic Arts Inc. of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$137.87 ( 0.0121%) $137.85

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

Trading levels for EA

Fibonacci Support & Resistance Levels

Level Price
R3 139.54 1.22%
R2 138.90 0.761%
R1 138.50 0.475%
Price 137.85
S1 137.23 -0.451%
S2 136.83 -0.737%
S3 136.20 -1.20%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 138.13 0.203%
R1 137.96 0.0798%
Price 137.85
S1 135.14 -1.97%
S2 132.88 -3.61%
S3 127.12 -7.78%

EA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 29, 2024 May 29, 2024 Jun 19, 2024 $0.190 0.138%
2 Jan 30, 2024 Feb 27, 2024 Mar 20, 2024 $0.190 0.144%
3 Oct 31, 2023 Nov 28, 2023 Dec 20, 2023 $0.190 0.139%
4 Jul 31, 2023 Aug 29, 2023 Sep 20, 2023 $0.190 0.158%
5 May 08, 2023 May 30, 2023 Jun 21, 2023 $0.190 0.153%

FAQ

What is the symbol for Electronic Arts Inc. Stock and on which exchange is it traded?
The symbol for Electronic Arts Inc. is EA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Electronic Arts Inc. Stock?
Electronic Arts Inc. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Electronic Arts Inc. Stock?
Electronic Arts Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Electronic Arts Inc. Stock.

What's the current price of Electronic Arts Inc. Stock?
As of the end of day on the Jun 20, 2024, the price of an Electronic Arts Inc. (EA) share was $137.85.

What is the 52-week high and low for Electronic Arts Inc. Stock?
The 52-week high for Electronic Arts Inc. Stock is $144.52 and the 52-week low is $117.47.

What is the market capitalization of Electronic Arts Inc. Stock?
As of the Jun 20, 2024, the market capitalization of Electronic Arts Inc. is 36.795B.

When is the next earnings date for Electronic Arts Inc.?
The upcoming earnings date for Electronic Arts Inc. is Aug 06, 2024.
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About Electronic Arts Inc.

Electronic Arts. Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and ... EA Profile

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