AMC ENTERTAINMENT HLDS-CL A (AMC) Stock Technical Analysis
NYSE:AMC • US00165C3025
We assign a technical rating of 0 out of 10 to AMC. AMC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than AMC.
- AMC is one of the lesser performing stocks in the Entertainment industry. 78% of 80 stocks in the same industry do better.
- AMC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AMC has a been trading in the 1.21 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- AMC has an average volume of 36150600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of AMC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.22
We can see 3 important resistance areas.
- Resistance @1.38 from a trend line in the daily time frame.
- Resistance @1.54 from a trend line in the daily time frame.
- Resistance @2.26 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 | DOWN | NEGATIVE | The long term trend for AMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMC is down. |
| ChartMill Relative Strength | 4.56 | NEGATIVE | AMC has a low relative strength, it was outperformed by 95.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMC is below a declining 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) | 32.33 | NEUTRAL | The RSI value for AMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMC has a negative trend. |
| Stochastics (14,3) | 3.77 | OVERSOLD | The low Stochastics value suggests AMC may be oversold. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for AMC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.8 | NEGATIVE | The low ADX value for AMC suggests a weak or negative trend. |
1.23
+0.01 (+0.82%)
AMC ENTERTAINMENT HLDS-CL A / AMC FAQ
What is the ChartMill technical rating of AMC ENTERTAINMENT HLDS-CL A (AMC) stock?
ChartMill assigns a technical rating of 0 / 10 to AMC.
What is the trend direction for AMC stock?
The current trend direction for AMC ENTERTAINMENT HLDS-CL A (AMC) is Bearish.
What is the RSI signal for AMC stock?
AMC ENTERTAINMENT HLDS-CL A (AMC) has an RSI value of 32.3344. This indicates that the stock is currently neutral.
What is the MACD signal for AMC ENTERTAINMENT HLDS-CL A (AMC) stock?
The MACD indicator for AMC ENTERTAINMENT HLDS-CL A (AMC) has a value of -0.00690539, indicating a bearish trend.
Can you provide the short term momentum for AMC ENTERTAINMENT HLDS-CL A?
The short term momentum for AMC ENTERTAINMENT HLDS-CL A (AMC) is negative.