Agilysys Inc., a software solutions provider for the hospitality and resort industry, will showcase its artificial intelligence (AI) developments at HITEC, which will be held this week in the US. This is expected to capture the attention of potential customers and investors alike. Agilysys will showcase its AI solution, Guestsense.ai, alongside new point-of-sale (POS) products.
Agilysys will likely promote its AI solution for hospitality properties (hotels, resorts, clubs, spas, and more) as a way to achieve maximum revenue while ensuring optimal occupancy rates. AI's key advantage is its 24/7 operational capability, enabling real-time reservations and the selection of additional services without human intervention.
Let's look at the stock chart of Agilysys Inc. (NASDAQ: AGYS) for possible trades from a technical analysis perspective.
On the D1 timeframe, a resistance level was formed at 105.00 USD, and support at 70.40 USD. A strong uptrend is observed. Considering the distance between support and resistance levels, there is a high probability of further price growth. In the case of a downtrend, a downside target could be 65.50 USD.
If the uptrend continues, the short-term target may extend to 115.00 USD when the resistance level at 105.00 USD is breached. In the medium term, the price may rise to 125.00 USD. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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