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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Playa Hotels & Resorts N.V. stock upgraded from Hold/Accumulate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 14, 2024 Gain 14.44% PDF

The Playa Hotels & Resorts N.V. stock price gained 1.88% on the last trading day (Wednesday, 27th Mar 2024), rising from $9.57 to $9.75. During the last trading day the stock fluctuated 1.99% from a day low at $9.56 to a day high of $9.75. The price has been going up and down for this period, and there has been a 2.2% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 606 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $11.20 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 18.72% during the next 3 months and, with a 90% probability hold a price between $10.94 and $12.39 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 $9.61 and $9.19. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, January 22, 2024, and so far it has risen 22.33%. Further rise is indicated until a new top pivot has been found. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

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 $0.190 between high and low, or 1.99%. For the last week the stock has had daily average volatility of 1.45%.

Our recommended stop-loss: $9.39 (-3.74%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 46 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Playa Hotels & Resorts N.V. to open at $9.69, and during the day (based on 14 day Average True Range), to move between $9.58 and $9.92, which gives a possible trading interval of +/-$0.173 (+/-1.78%) 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 3.56% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $9.65, some $0.1000 (1.03%) from the current price of $9.75, our system finds the risk reward attractive.

Is Playa Hotels & Resorts N.V. stock A Buy?

Playa Hotels & Resorts N.V. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong Buy candidate.

Current score: 7.086 Strong Buy Candidate Upgraded

Predicted Opening Price for Playa Hotels & Resorts N.V. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$9.69 ( 0.650%) $9.75

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 9.88 1.30 %
R2 9.80 0.555 %
R1 9.76 0.0948 %
Current price: 9.75
Support S1 9.61 -1.39 %
S2 9.57 -1.85 %
S3 9.50 -2.60 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 9.75
Support S1 9.65 -1.03%
S2 9.54 -2.15%
S3 8.35 -14.36%

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?
Playa Hotels & Resorts N.V. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Strong 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 2024-03-27, the price of an Playa Hotels & Resorts N.V. (PLYA) share was $9.75.

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 $9.77 and the 52-week low is $6.88.

What is the market capitalization of Playa Hotels & Resorts N.V. Stock?
As of the 2024-03-27, the market capitalization of Playa Hotels & Resorts N.V. is 1.335B.

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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