AMC ENTERTAINMENT HLDS-CL A (AMC) Technical Analysis
NYSE:AMC • US00165C3025
Current stock price
AMC Technical Rating and Analysis
Overall AMC gets a technical rating of 1 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, AMC is a bad performer in the overall market: 93% of all stocks are doing better.
- AMC is part of the Entertainment industry. There are 79 other stocks in this industry, of which 75% are performing better than AMC.
- AMC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AMC is lagging the market.
- In the last month AMC has a been trading in the 0.93 - 1.31 range, which is quite wide. It is currently trading near the high of this range.
- AMC has an average volume of 35199200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMC Weekly and Daily overview Charts
AMC Setup Rating and Analysis
The technical rating of AMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
AMC Support and Resistance Analysis
1.25
We can see 2 important resistance areas.
- A resistance zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.92 from a trend line in the weekly time frame.
AMC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for AMC is neutral. |
| ChartMill Relative Strength | 7.34 | NEGATIVE | AMC has a low relative strength, it was outperformed by 92.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMC is above 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) | 65.11 | NEUTRAL | The RSI value for AMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AMC has a positive trend. |
| Stochastics (14,3) | 78.95 | NEUTRAL | The Stochastics value for AMC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for AMC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.65 | POSITIVE | The high ADX value value for AMC suggests a strong trend. |
AMC Chart- and CandleStick Pattern Analysis
AMC Technicals: Chart, Performance Metrics, Trend & Indicators
1.26
+0.14 (+12.5%)
AMC ENTERTAINMENT HLDS-CL A / AMC TA FAQ
What is the ChartMill technical rating of AMC ENTERTAINMENT HLDS-CL A (AMC) stock?
ChartMill assigns a technical rating of 1 / 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 ENTERTAINMENT HLDS-CL A (AMC) stock?
AMC ENTERTAINMENT HLDS-CL A (AMC) has an RSI value of 65.111. This indicates that the stock is currently neutral.
What is the MACD signal for AMC stock?
The MACD indicator for AMC ENTERTAINMENT HLDS-CL A (AMC) has a value of 0.0325927, indicating a bearish trend.
What is the support and resistance level for AMC stock?
AMC ENTERTAINMENT HLDS-CL A (AMC) has a resistance level at 1.27. Check the full technical report for our detailed analysis of AMC support and resistance levels.