Question 1

What implications does the 10-day RSI indicator have for PLAY?

Accepted Answer

The RSI Oscillator for PLAY moved out of oversold territory on August 13, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In 17 of the 27 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about PLAY's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 46 of 57 cases where PLAY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did PLAY's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on PLAY as a result. In 68 of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for PLAY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PLAY just turned positive on August 15, 2024. Looking at past instances where PLAY's MACD turned positive, the stock continued to rise in 37 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for PLAY's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLAY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 79%.

Question 6

What does PLAY breaking above its upper Bollinger Band indicate?

Accepted Answer

PLAY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on PLAY's trend?

Accepted Answer

The Aroon Indicator for PLAY entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

PLAY Stock Dave & Buster's Entertainment (PLAY, $52.41) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 3, 2024

PLAY's RSI Indicator recovers from oversold territory

General Information