AMC NETWORKS INC-A (AMCX) Stock Technical Analysis
NASDAQ:AMCX - Nasdaq - US00164V1035 - Common Stock - Currency: USD
Taking everything into account, AMCX scores 0 out of 10 in our technical rating. AMCX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, AMCX is a bad performer in the overall market: 93% of all stocks are doing better.
AMCX is part of the Media industry. There are 98 other stocks in this industry, of which 76% are performing better than AMCX.
AMCX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMCX is lagging the market.
In the last month AMCX has a been trading in the 6.00 - 7.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of AMCX 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
6.09
7.24
We found 1 important support area.
- Support @6.15 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.52 to 6.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.93 from a trend line in the daily time frame.
- Resistance @7.05 from a horizontal line in the daily time frame.
- Resistance @7.17 from a horizontal line in the daily 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 AMCX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMCX is neutral. |
| ChartMill Relative Strength | 7.42 | NEGATIVE | AMCX has a low relative strength, it was outperformed by 92.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMCX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMCX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMCX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.43 | NEUTRAL | The RSI value for AMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AMCX has a negative trend. |
| Stochastics (14,3) | 38.6 | NEUTRAL | The Stochastics value for AMCX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for AMCX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.21 | NEGATIVE | The low ADX value for AMCX suggests a weak or negative 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)
6.24
-0.26 (-4.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-4.07%
1 Week-3.7%
2 Weeks-5.6%
1 Month-2.8%
3 Month-10.73%
6 Month-35.67%
12 Month-60.28%
2 Year-47.78%
3 Year-78.57%
5 Year-73.32%
10 Year-92.38%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%5.5%
ATR Inc67.05%
Range Today0.27
ADR(20)0.34
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.42
Mansfield-2.92
10 Day High7.19
10 Day Low6.23
20 Day High7.19
20 Day Low6.01
52 Week High13.5
52 Week Low5.41
CS1 End6.15
CR1 Start6.52
Volume & EV
DER(3)2.26%
DER(5)2.87%
Volume381.20K
Volume Incr-22.37%
Vol(5)511.42K
Vol(50)539.65K