Dave & Buster’s Entertainment Shows Rising Price Move With Jump To 87 RS

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Dave & Buster’s Entertainment (PLAY) cleared that benchmark Friday, with a jump from 70 to 87 Friday.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength. Dave & Busters stock has also moved aboved key moving average lines, closing in on the 200-day. The RS line seems to have started to move upwards, but still has a way to go before reaching new highs.

The RS price strength rating from Investor’s Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock’s price performance over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves.

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Now is not an ideal time to jump in since it isn’t near a proper buy zone, but see if the stock goes on to offer and clear a proper buy point. Much depends on the impact of the corona virus Delta varient and whether further lockdowns occur.

Dave & Buster’s Stock Earnings

In terms of revenue and profits, the company has posted rising EPS growth in each of the last three reports. Sales growth has also risen during the same period.

Dave & Buster’s Stock holds the No. 15 rank among its peers in the Retail-Restaurants industry group. J Alexander’s (JAX) and Wingstop (WING) are also among the group’s highest-rated stocks.


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