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 PLAY
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Green day on Thursday for Dave & Buster
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 1.85% PDF

The Dave & Buster stock price gained 1.85% on the last trading day (Thursday, 28th Mar 2024), rising from $61.46 to $62.60. 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 2.33% from a day low at $61.48 to a day high of $62.91. The price has risen in 6 of the last 10 days and is up by 0.29% 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, 495 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $101.28 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 28.75% during the next 3 months and, with a 90% probability hold a price between $77.04 and $89.97 at the end of this 3-month period.

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PLAY Signals & Forecast

The Dave & Buster stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $61.38 and $61.58. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, February 23, 2024, and so far it has fallen -1.79%. 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).

Support, Risk & Stop-loss for Dave & Buster stock

On the downside, the stock finds support just below today's level from accumulated volume at $59.41 and $50.67. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Dave & Buster finds support just below today's level at $59.41. If this is broken, then the next support from accumulated volume will be at $50.67 and $49.24.

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 $1.43 between high and low, or 2.33%. For the last week the stock has had daily average volatility of 3.16%.

Our recommended stop-loss: $59.98 (-4.18%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 24 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Dave & Buster to open at $62.33, and during the day (based on 14 day Average True Range), to move between $60.62 and $64.58, which gives a possible trading interval of +/-$1.98 (+/-3.16%) up or down from last closing price. If Dave & Buster takes out the full calculated possible swing range there will be an estimated 6.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $62.65 (0.08%) than the support at $59.41 (5.10%), 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 Dave & Buster stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Dave & Buster stock to perform well in the short-term.

Current score: 1.333 Buy Candidate Unchanged

Predicted Opening Price for Dave & Buster of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$62.33 ( 0.431%) $62.60

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

Trading levels for PLAY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 63.76 1.85 %
R2 63.21 0.98 %
R1 62.88 0.441 %
Current price: 62.60
Support S1 61.78 -1.30 %
S2 61.45 -1.84 %
S3 60.90 -2.72 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 63.24 1.02 %
R2 62.67 0.112 %
R1 62.65 0.0799 %
Current price 62.60
Support S1 59.41 -5.10%
S2 50.67 -19.06%
S3 49.24 -21.34%

PLAY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 19, 2019 Jan 09, 2020 Feb 10, 2020 $0.160 0.347%
2 Sep 20, 2019 Oct 10, 2019 Nov 11, 2019 $0.160 0.402%
3 Jun 13, 2019 Jun 24, 2019 Jul 10, 2019 $0.150 0.379%
4 Mar 11, 2019 Mar 25, 2019 Apr 10, 2019 $0.150 0.288%
5 Dec 14, 2018 Dec 24, 2018 Jan 10, 2019 $0.150 0.293%

FAQ

What is the symbol for Dave & Buster Stock and on which exchange is it traded?
The symbol for Dave & Buster is PLAY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Dave & Buster Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Dave & Buster stock to perform well in the short-term.

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

What's the current price of Dave & Buster Stock?
As of the end of day on the 2024-03-28, the price of an Dave & Buster (PLAY) share was $62.60.

What is the 52-week high and low for Dave & Buster Stock?
The 52-week high for Dave & Buster Stock is $64.90 and the 52-week low is $31.65.

What is the market capitalization of Dave & Buster Stock?
As of the 2024-03-28, the market capitalization of Dave & Buster is 2.47B.

When is the next earnings date for Dave & Buster?
The upcoming earnings date for Dave & Buster is Apr 02, 2024.
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About Dave & Buster

Dave & Buster Dave & Buster's Entertainment, Inc. owns and operates entertainment and dining venues for adults and families in North America. Its venues offer a menu of entrées and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events. The company operates its venues under the Dave & Buster's name. As of January ... PLAY Profile

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