AMC NETWORKS INC-A (AMCX) Technical Analysis
NASDAQ:AMCX • US00164V1035
Current stock price
AMCX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AMCX. AMCX'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.
- 82% of all other stocks performed better in the past year than AMCX.
- In the last month AMCX has a been trading in the 6.90 - 8.89 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- AMCX is an average performer in the Media industry, it outperforms 47% of 92 stocks in the same industry.
- AMCX is currently trading in the middle 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 slightly.
AMCX Weekly and Daily overview Charts
AMCX Setup Rating and Analysis
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
AMCX Support and Resistance Analysis
6.83
We found 1 important support area.
- A support zone ranging from 6.90 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.83 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.73 from a trend line in the weekly time frame.
- Resistance @10.01 from a horizontal line in the weekly time frame.
AMCX 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 | NEUTRAL | NEUTRAL | The long term trend for AMCX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMCX is down. |
| ChartMill Relative Strength | 18.28 | NEGATIVE | AMCX has a low relative strength, it was outperformed by 81.72% 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) | UP | MIXED | The current price of AMCX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.97 | NEUTRAL | The RSI value for AMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AMCX has a negative trend. |
| Stochastics (14,3) | 2.74 | OVERSOLD | The low Stochastics value suggests AMCX may be oversold. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for AMCX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for AMCX suggests a possible start of a new trend. |
AMCX Chart- and CandleStick Pattern Analysis
AMCX Technicals: Chart, Performance Metrics, Trend & Indicators
6.96
+0.05 (+0.72%)
AMC NETWORKS INC-A / AMCX TA FAQ
What is the ChartMill technical rating of AMC NETWORKS INC-A (AMCX) stock?
ChartMill assigns a technical rating of 0 / 10 to AMCX.
What is the trend direction for AMCX stock?
The current trend direction for AMC NETWORKS INC-A (AMCX) is Bearish.
Can you provide the RSI signal for AMC NETWORKS INC-A?
AMC NETWORKS INC-A (AMCX) has an RSI value of 35.9739. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMC NETWORKS INC-A?
The MACD indicator for AMC NETWORKS INC-A (AMCX) has a value of -0.105298, indicating a bearish trend.
What are the support and resistance levels for AMC NETWORKS INC-A (AMCX) stock?
AMC NETWORKS INC-A (AMCX) has a support level at 6.95 and a resistance level at 7.83. Check the full technical report for our detailed analysis of AMCX support and resistance levels.