NASDAQ trade advice (B): US computer software stock | 5-6% gain | USA stock trading idea on 20 Nov 2024

Stock Market
NASDAQ, United States of America

Stoploss reached. Trade closed.

3 days
17 Dec 2024
20 Nov 2024
Loss per
100,000 USD
3 days
-3,125
Stop-loss
17 Dec 2024
155
Buy Advice
20 Nov 2024
160 – 165
Target 1
173
Target 2
175
Profit per
100,000 USD
-3,125
155
160 – 165
173
175
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Electronic Arts
  • 160 – 165
  • 173 – 175
  • Below 155
  • 5% – 6%
  • 10 - 12 Days
  • Buy Electronic Arts
  • Buy
    Range
    160 – 165
  • Target 173 – 175
  • Stoploss Below 155
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Electronic Arts (NASDAQ: EA) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • EA
  • Electronic Arts
  • Computer Software
  • 164.45
  • 124.92
  • NASDAQ code EA
  • Stock Name Electronic Arts
  • Sector Computer Software
  • 52 Weeks High 164.45
  • 52 Weeks Low 124.92
  • Company profile

    Electronic Arts Inc. (EA) is a global leader in the gaming industry, developing, marketing, publishing, and delivering games, content, and services for consoles, PCs, mobile phones, and tablets. With a diverse portfolio of iconic brands, including EA SPORTS FC, Battlefield, Apex Legends, The Sims, Madden NFL, Need for Speed, and F1, EA caters to various genres such as sports, racing, first-person shooter, action, role-playing, and simulation. Founded in 1982 and headquartered in Redwood City, California, EA has established itself as a pioneering force in gaming innovation. The company’s games and services are distributed through digital channels, retail stores, and strategic partnerships, ensuring a wide reach across the globe. Through its owned and licensed brands, EA continues to shape the gaming landscape, connecting millions of players worldwide.

  • Electronic Arts (NASDAQ: EA) vs NASDAQ - Relative Strength Comparison

    The image showcases Electronic Arts's 1-year performance relative to NASDAQ.
    Relative Performance - Last 1 Year
    EA —   NASDAQ —

  • Electronic Arts (NASDAQ: EA) - Technical Analysis (Daily)

    Electronic Arts - Technical Analysis chart on Daily Price and Volume
    Electronic Arts - Technical Analysis chart on Daily Price and Volume

    • The stock price was earlier moving within an upward parallel channel.
    • Following a breakout, the price is now experiencing an upward trend.
    • As long as it stays above the 155 level, the overall sentiment will remain positive.
  • Electronic Arts (NASDAQ: EA) - RSI Indicator

    Electronic Arts stock analysis based on RSI indicator
    Electronic Arts - RSI indicator

    • Current RSI of this stock is 75.60, which indicates the strength of buyers.

  • Electronic Arts (NASDAQ: EA) - ADX & DI Indicator

    Electronic Arts stock analysis based on ADX & DI indicator
    Electronic Arts stock analysis based on ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Electronic Arts (NASDAQ: EA) - MACD Indicator

    Electronic Arts stock analysis based on MACD indicator
    Electronic Arts stock analysis based on MACD indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - Electronic Arts (NASDAQ: EA) Stock Price Forcast

    Based on our stock trading advice in United States, Electronic Arts stock price target will be USD 173 - USD 175 in the next 10-12 trading sessions.

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