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 PLYA
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Evaluation of Playa Hotels & Resorts N.V. stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 13.85% PDF

The Playa Hotels & Resorts N.V. stock price fell by -0.513% on the last day (Thursday, 28th Mar 2024) from $9.75 to $9.70. During the last trading day the stock fluctuated 2.07% from a day low at $9.64 to a day high of $9.84. The price has been going up and down for this period, and there has been a 2.11% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -69 thousand shares and in total, 1 million shares were bought and sold for approximately $10.47 million.

The stock lies in the upper part of a strong 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 $9.78 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 21.44% during the next 3 months and, with a 90% probability hold a price between $11.21 and $11.87 at the end of this 3-month period.

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PLYA Signals & Forecast

The Playa Hotels & Resorts N.V. 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 $9.63 and $9.23. A breakdown below any of these levels will issue sell signals. 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 Wednesday, March 27, 2024, and so far it has fallen -0.513%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Playa Hotels & Resorts N.V. stock

Playa Hotels & Resorts N.V. finds support from accumulated volume at $9.65 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 $0.200 between high and low, or 2.07%. For the last week the stock has had daily average volatility of 1.59%.

Our recommended stop-loss: $9.31 (-4.01%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

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

For the upcoming trading day on Monday, 1st we expect Playa Hotels & Resorts N.V. to open at $9.73, and during the day (based on 14 day Average True Range), to move between $9.52 and $9.88, which gives a possible trading interval of +/-$0.175 (+/-1.81%) up or down from last closing price. If Playa Hotels & Resorts N.V. takes out the full calculated possible swing range there will be an estimated 3.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $9.65 (0.52%) than the resistance at $9.75 (0.52%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Playa Hotels & Resorts N.V. 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 Playa Hotels & Resorts N.V. stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 1.148 Buy Candidate Downgraded

Predicted Opening Price for Playa Hotels & Resorts N.V. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$9.73 ( 0.275%) $9.70

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

Trading levels for PLYA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.93 2.34 %
R2 9.85 1.55 %
R1 9.80 1.06 %
Current price: 9.70
Support S1 9.65 -0.513 %
S2 9.60 -1.00 %
S3 9.53 -1.79 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 9.75 0.515 %
Current price 9.70
Support S1 9.65 -0.515%
S2 9.54 -1.65%
S3 8.35 -13.92%

FAQ

What is the symbol for Playa Hotels & Resorts N.V. Stock and on which exchange is it traded?
The symbol for Playa Hotels & Resorts N.V. is PLYA and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Playa Hotels & Resorts N.V. 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 Playa Hotels & Resorts N.V. stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

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

What's the current price of Playa Hotels & Resorts N.V. Stock?
As of the end of day on the 2024-03-28, the price of an Playa Hotels & Resorts N.V. (PLYA) share was $9.70.

What is the 52-week high and low for Playa Hotels & Resorts N.V. Stock?
The 52-week high for Playa Hotels & Resorts N.V. Stock is $9.84 and the 52-week low is $6.88.

What is the market capitalization of Playa Hotels & Resorts N.V. Stock?
As of the 2024-03-28, the market capitalization of Playa Hotels & Resorts N.V. is 1.328B.

When is the next earnings date for Playa Hotels & Resorts N.V.?
The upcoming earnings date for Playa Hotels & Resorts N.V. is May 02, 2024.
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About Playa Hotels & Resorts N.V.

Playa Hotels & Resorts N.V. Playa Hotels & Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean. As of December 31, 2021, it owned a portfolio of 22 resorts with 8,366 rooms located in Mexico, Jamaica, and the Dominican Republic. The company was founded in 2006 and is headquartered in Fairfax, Virginia.... PLYA Profile

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