Taking everything into account, PLAY scores 1 out of 10 in our technical rating. PLAY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PLAY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.70, a Stop Loss order could be placed below this zone.
More info and screens
15.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.27 to 16.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.94 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 17.31 to 17.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.12 from a trend line in the daily time frame.
- Resistance @19.45 from a trend line in the daily time frame.
- Resistance @19.86 from a horizontal line in the weekly time frame.
- Resistance @22.06 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PLAY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLAY is neutral. |
| ChartMill Relative Strength | 14.76 | NEGATIVE | PLAY has a low relative strength, it was outperformed by 85.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.93 | NEUTRAL | The RSI value for PLAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PLAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.64 | NEUTRAL | The Stochastics value for PLAY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for PLAY suggests high volalility. |
| Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for PLAY suggests a weak or negative trend. |
17.3
+0.09 (+0.52%)
DAVE & BUSTER'S ENTERTAINMEN / PLAY FAQ
What is the technical rating for PLAY stock?
ChartMill assigns a technical rating of 1 / 10 to PLAY.
What is the trend direction for PLAY stock?
The current trend direction for DAVE & BUSTER'S ENTERTAINMEN (PLAY) is Bearish.
What is the RSI signal for PLAY stock?
DAVE & BUSTER'S ENTERTAINMEN (PLAY) has an RSI value of 52.9337. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DAVE & BUSTER'S ENTERTAINMEN?
DAVE & BUSTER'S ENTERTAINMEN (PLAY) has a support level at 16.7 and a resistance level at 17.31. Check the full technical report for our detailed analysis of PLAY support and resistance levels.