DAKT Stock Price Prediction

Daktronics Inc

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12.140

+0.070(+0.580%)

Overview
Forecast
Valuation

Should I Buy Daktronics Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. DAKT has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

DAKT stock price ended at $12.14 on Tuesday, after rising 0.58%

The Daktronics Inc stock price increased by 0.58% on the last trading day (Tuesday Apr 2025), rising from 12.28 to 12.07. Throughout the last trading session, the stock experienced a fluctuation of 3.03% , ranging from a day low of $11.97 to a day high of 12.333. The price has declined in 5 of the last 10 days, resulting in a total change of 3.96% during this period. On the last day, trading volume decrease by 46.45K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 225.42K shares were traded, amounting to approximately 2.72M.

DAKT Technical Signals

DAKT(Daktronics Inc Corp) has 3 buy signals and 3 sell signals now. The current trend is downtrend starting from 2025-04-02. The total price change during this trend is -6.34%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of DAKT over the last 5 trading days is 2.60M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

DAKT Moving Average Analysis

Daktronics Inc's overall moving average trend leans more bearish as of Tuesday, April 22, 2025, with 3 negative signals and 1 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $13.26, and $14.04. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $10.73, and $9.94. A break-down below any of these levels will issue sell signals.

DAKT Short Selling Analysis

The short sale ratio of Daktronics Inc(DAKT) as of 17 Apr 2025 is 14.06%, dropping from last trading day. With decreasing price from 12.36 to 12.41. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 > 0

0.19

Bullish

Moving Average

Price crosses above 20-day SMA

Bullish

Moving Average

5-day SMA crosses above 20-day SMA

Bullish

3 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-0.13

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.32

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

84.27

Bearish

Based on historical patterns and backtesting of stocks with similar movements to Daktronics Inc(DAKT), our algorithm predicts DAKT's 1-month price at $0, with an 0%upwardshift. Using a similarity score up to 0%and other factors, This forecast updates weekly, adjusting for significant deviations.

DAKT Seasonality Analysis

Based on DAKT's historical stock price data across all years, the probability of a positive return in April is45.45%, suggesting it maynotbe an ideal month to invest in DAKT. In contrast,Julyoffers the highest probability of positive returns at70.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Daktronics Inc (DAKT.O) stock in July has the highest probability of a positive return (70.00%), while February has the lowest probability (27.27%).

Performance Seasonality

The chart shows Daktronics Inc. (DAKT)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.