DAVE & BUSTER'S ENTERTAINMEN (PLAY) Stock Technical Analysis
NASDAQ:PLAY • US2383371091
We assign a technical rating of 0 out of 10 to PLAY. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PLAY is a bad performer in the overall market: 82% of all stocks are doing better.
- 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 14.79 - 20.70 range, which is quite wide. It is currently trading near the lows of this range.
- PLAY has an average volume of 1187080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PLAY is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, PLAY did better than 41% of them.
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.
More info and screens
12.98
2 important support areas can be observed.
- Support @14.97 from a trend line in the daily time frame.
- Support @13.11 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @18.31 from a trend line in the daily time frame.
- Resistance @18.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 18.98 to 19.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.71 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for PLAY is down. |
| ChartMill Relative Strength | 18.89 | NEGATIVE | PLAY has a low relative strength, it was outperformed by 81.11% 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) | 37.46 | NEUTRAL | The RSI value for PLAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests PLAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.64 | OVERSOLD | The low Stochastics value suggests PLAY may be oversold. |
| Average True Range in percent/ATR (20) | 7.27 | HIGH VOLATILITY | The high ATR as a percentage value for PLAY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.41 | NEUTRAL | The ADX value for PLAY suggests a possible start of a new trend. |
15.41
-0.18 (-1.15%)
DAVE & BUSTER'S ENTERTAINMEN / PLAY FAQ
What is the technical rating for PLAY stock?
ChartMill assigns a technical rating of 0 / 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 37.4592. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DAVE & BUSTER'S ENTERTAINMEN?
The buy/sell signal for DAVE & BUSTER'S ENTERTAINMEN (PLAY) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for DAVE & BUSTER'S ENTERTAINMEN (PLAY) stock?
DAVE & BUSTER'S ENTERTAINMEN (PLAY) has a support level at 14.97 and a resistance level at 18.31. Check the full technical report for our detailed analysis of PLAY support and resistance levels.