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 EVRI
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Everi Holdings Inc stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Everi Holdings Inc stock price gained 4.14% on the last trading day (Wednesday, 27th Mar 2024), rising from $9.17 to $9.55. During the last trading day the stock fluctuated 4.60% from a day low at $9.14 to a day high of $9.56. The price has risen in 6 of the last 10 days and is up by 5.64% 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, 200 thousand more shares were traded than the day before. In total, 805 thousand shares were bought and sold for approximately $7.69 million.

The stock lies in the middle of a very 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 -13.77% during the next 3 months and, with a 90% probability hold a price between $7.44 and $9.74 at the end of this 3-month period.

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EVRI Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 7.42%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Everi Holdings Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $10.12. On a fall, the stock will find some support from the short-term average at $9.32. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Everi Holdings Inc stock

Everi Holdings Inc finds support from accumulated volume at $9.45 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.420 between high and low, or 4.60%. For the last week, the stock has had daily average volatility of 3.42%.

Our recommended stop-loss: $9.14 (-4.31%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (EVRI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Everi Holdings Inc to open at $9.42, and during the day (based on 14 day Average True Range), to move between $9.16 and $9.94, which gives a possible trading interval of +/-$0.391 (+/-4.09%) up or down from last closing price. If Everi Holdings Inc takes out the full calculated possible swing range there will be an estimated 8.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $9.45 (1.05%) than the resistance at $10.54 (10.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Everi Holdings Inc stock A Buy?

Everi Holdings 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.139 Hold/Accumulate Upgraded

Predicted Opening Price for Everi Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$9.42 ( 1.40%) $9.55

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

Trading levels for EVRI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.84 3.00 %
R2 9.68 1.32 %
R1 9.58 0.284 %
Current price: 9.55
Support S1 9.26 -3.08 %
S2 9.16 -4.11 %
S3 9.00 -5.79 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 11.86 24.19 %
R2 11.06 15.81 %
R1 10.54 10.37 %
Current price 9.55
Support S1 9.45 -1.05%
S2 9.41 -1.47%
S3 9.16 -4.08%

FAQ

What is the symbol for Everi Holdings Inc Stock and on which exchange is it traded?
The symbol for Everi Holdings Inc is EVRI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Everi Holdings Inc Stock?
Everi Holdings 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Everi Holdings Inc Stock?
Everi Holdings 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 Everi Holdings Inc Stock.

What's the current price of Everi Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an Everi Holdings Inc (EVRI) share was $9.55.

What is the 52-week high and low for Everi Holdings Inc Stock?
The 52-week high for Everi Holdings Inc Stock is $17.76 and the 52-week low is $8.75.

What is the market capitalization of Everi Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of Everi Holdings Inc is 800.086M.

When is the next earnings date for Everi Holdings Inc?
The upcoming earnings date for Everi Holdings Inc is May 08, 2024.
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About Everi Holdings Inc

Everi Holdings Everi Holdings Inc. provides entertainment and technology solutions for the casino and digital gaming industries in the United States, Canada, the United Kingdom, Europe, the Caribbean, Central America, and Asia. It operates in two segments, Games and FinTech. The company offers local and wide-area progressive gaming products, such as classic mechanical reel games and video reel games, as well as TournEvent, a slot tournament terminal and system ... EVRI Profile

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