Overall AMCX gets a technical rating of 8 out of 10. Although AMCX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although AMCX has an excellent technical rating, it does not offer a high 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.
5.49
When analyzing the support we can see 5 important areas.
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 | UP | POSITIVE | The long term trend for AMCX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMCX is up. |
| ChartMill Relative Strength | 75.05 | POSITIVE | AMCX has a high relative strength, it outperformed 75.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMCX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMCX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.71 | OVERBOUGHT | The high RSI value suggests AMCX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests AMCX has a positive trend. |
| Stochastics (14,3) | 93.21 | OVERBOUGHT | The high Stochastics value suggests AMCX may be overbought. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for AMCX suggests some volalility. |
| Average Directional Index/ADX (14) | 39.45 | POSITIVE | The high ADX value value for AMCX suggests a strong trend. |
9.98
+0.27 (+2.78%)
ChartMill assigns a technical rating of 8 / 10 to AMCX.
The current trend direction for AMC NETWORKS INC-A (AMCX) is Bullish.
AMC NETWORKS INC-A (AMCX) has an RSI value of 75.7112. This indicates that the stock is currently overbought.
The MACD indicator for AMC NETWORKS INC-A (AMCX) has a value of 0.105827, indicating a bearish trend.
The buy/sell signal for AMC NETWORKS INC-A (AMCX) is buy as both the short term and long term trends are positive.