AMC ENTERTAINMENT HLDS-CL A (AMC) Stock Technical Analysis
NYSE:AMC - New York Stock Exchange, Inc. - US00165C3025 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to AMC. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMC was also a bad performer in the overall market in the last year.
83% of all other stocks performed better in the past year than AMC.
AMC is part of the Entertainment industry. There are 72 other stocks in this industry, of which 66% are performing better than AMC.
AMC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AMC has an average volume of 10959200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month AMC has a been trading in the 2.67 - 4.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AMC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.65, a Stop Loss order could be placed below this zone.
More info and screens
2.61
4.57
We found 1 important support area.
- A support zone ranging from 2.64 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.36 to 3.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.57 from a horizontal line in the weekly time frame.
- Resistance @3.89 from a trend line in the daily time frame.
- Resistance @4.07 from a horizontal line in the daily time frame.
- Resistance @4.52 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AMC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMC is neutral. |
| ChartMill Relative Strength | 17.18 | NEGATIVE | AMC has a low relative strength, it was outperformed by 82.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AMC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.75 | NEUTRAL | The RSI value for AMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AMC has a negative trend. |
| Stochastics (14,3) | 25.51 | NEUTRAL | The Stochastics value for AMC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for AMC suggests high volalility. |
| Average Directional Index/ADX (14) | 37.81 | POSITIVE | The high ADX value value for AMC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.13
-0.16 (-4.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-4.86%
1 Week-7.94%
2 Weeks-8.48%
1 Month14.23%
3 Month7.93%
6 Month-25.12%
12 Month-37.27%
2 Year-91.94%
3 Year-97.38%
5 Year-91.73%
10 Year-98.84%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.71%
ATR Inc-44.19%
Range Today0.16
ADR(20)0.23
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.18
Mansfield-2.56
10 Day High3.6
10 Day Low3.09
20 Day High4.08
20 Day Low2.67
52 Week High5.76
52 Week Low2.45
CS1 End2.65
CR1 Start3.36
Volume & EV
DER(3)-1.72%
DER(5)-2.28%
Volume11.06M
Volume Incr-44.34%
Vol(5)8.42M
Vol(50)10.96M