PLAY Technical Analysis - DAVE & BUSTER'S ENTERTAINMEN

Technical Rating and Analysis

Taking everything into account, PLAY scores 0 out of 10 in our technical rating. PLAY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

96% of all other stocks performed better in the past year than PLAY.

PLAY is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, of which 84% are performing better than PLAY.

PLAY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month PLAY has a been trading in the 19.01 - 25.69 range, which is quite wide. It is currently trading near the lows of this range.

PLAY has an average volume of 1205100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DAVE & BUSTER'S ENTERTAINMEN / PLAY Weekly stock chart

DAVE & BUSTER'S ENTERTAINMEN / PLAY Daily stock chart

Setup Rating and Analysis

The technical rating of PLAY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

19.06

33.03

5 important resistance areas can be observed.

A resistance zone ranging from 21.76 to 21.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @23.01 from a trend line in the daily time frame.
A resistance zone ranging from 24.07 to 24.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @29.00 from a trend line in the weekly time frame.
Resistance @32.70 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for PLAY is down.
ChartMill Relative Strength	4.38	NEGATIVE	PLAY has a low relative strength, it was outperformed by 95.62% 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)	DOWN	NEGATIVE	The current price of PLAY is below a declining 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)	32.34	NEUTRAL	The RSI value for PLAY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.17	NEGATIVE	The MACD value suggests PLAY has a negative trend, although the MACD value is rising.
Stochastics (14,3)	3.87	OVERSOLD	The low Stochastics value suggests PLAY may be oversold.
Average True Range in percent/ATR (20)	6.57	HIGH VOLATILITY	The high ATR as a percentage value for PLAY suggests high volalility.
Average Directional Index/ADX (14)	23.79	NEUTRAL	The ADX value for PLAY suggests a possible start of a new trend.