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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.
AI Analysis of RICK
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Evaluation of RCI Hospitality Holdings stock downgraded after the last trading session.
(Updated on Jun 20, 2024)

Sell candidate since Jun 20, 2024 PDF

The RCI Hospitality Holdings stock price fell by -2.97% on the last day (Thursday, 20th Jun 2024) from $44.07 to $42.76. During the last trading day the stock fluctuated 4.65% from a day low at $42.19 to a day high of $44.15. The price has risen in 5 of the last 10 days but is still down by -4.77% for this period. Volume has increased on the last day by 131 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, 166 thousand shares were bought and sold for approximately $7.09 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 -22.35% during the next 3 months and, with a 90% probability hold a price between $31.12 and $35.03 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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RICK Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The RCI Hospitality Holdings 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 $44.40 and $46.94. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 13, 2024, and so far it has fallen -6.94%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for RCI Hospitality Holdings stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.96 between high and low, or 4.65%. For the last week, the stock has had daily average volatility of 3.61%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Friday, 21st we expect RCI Hospitality Holdings to open at $43.03, and during the day (based on 14 day Average True Range), to move between $41.24 and $44.28, which gives a possible trading interval of +/-$1.52 (+/-3.55%) up or down from last closing price. If RCI Hospitality Holdings takes out the full calculated possible swing range there will be an estimated 7.10% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $43.01, some $0.250 (0.58%) from the current price of $42.76, our system finds the risk reward not very attractive.

Is RCI Hospitality Holdings stock A Buy?

RCI Hospitality Holdings holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -4.183 Sell Candidate Downgraded

Predicted Opening Price for RCI Hospitality Holdings of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$43.03 ( 0.639%) $42.76

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

Trading levels for RICK

Fibonacci Support & Resistance Levels

Level Price
R3 44.99 5.22%
R2 44.24 3.47%
R1 43.78 2.39%
Price 42.76
S1 42.28 -1.11%
S2 41.82 -2.19%
S3 41.07 -3.94%

Accumulated Volume Support & Resistance Levels

Level Price
R3 48.12 12.54%
R2 44.74 4.63%
R1 43.01 0.585%
Price 42.76
S1 0 -
S2 0 -
S3 0 -

RICK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 29, 2024 Jun 14, 2024 Jun 28, 2024 $0.0600 0.140%
2 Feb 28, 2024 Mar 14, 2024 Mar 29, 2024 $0.0600 0.103%
3 Dec 04, 2023 Dec 14, 2023 Dec 29, 2023 $0.0600 0.0906%
4 Aug 30, 2023 Sep 14, 2023 Sep 29, 2023 $0.0600 0.0989%
5 May 30, 2023 Jun 13, 2023 Jun 28, 2023 $0.0600 0.0801%

FAQ

What is the symbol for RCI Hospitality Holdings Stock and on which exchange is it traded?
The symbol for RCI Hospitality Holdings is RICK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell RCI Hospitality Holdings Stock?
RCI Hospitality Holdings holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

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

What's the current price of RCI Hospitality Holdings Stock?
As of the end of day on the Jun 20, 2024, the price of an RCI Hospitality Holdings (RICK) share was $42.76.

What is the 52-week high and low for RCI Hospitality Holdings Stock?
The 52-week high for RCI Hospitality Holdings Stock is $77.68 and the 52-week low is $41.87.

What is the market capitalization of RCI Hospitality Holdings Stock?
As of the Jun 20, 2024, the market capitalization of RCI Hospitality Holdings is 398.742M.

When is the next earnings date for RCI Hospitality Holdings?
The upcoming earnings date for RCI Hospitality Holdings is Aug 14, 2024.
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About RCI Hospitality Holdings

RCI Hospitality Holdings RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States. The company operates through Nightclubs, Bombshells, and Other segments. It owns and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult... RICK Profile

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