AMC NETWORKS INC-A (AMCX) Stock Technical Analysis
USA - NASDAQ:AMCX - US00164V1035 - Common Stock
We assign a technical rating of 8 out of 10 to AMCX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AMCX is only an average performer.
Although AMCX has an excellent technical rating, it does not present a decent entry opportunity 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.
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5.49
4 important support areas can be observed.
- A support zone ranging from 7.67 to 7.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.51 to 7.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.26 from a trend line in the daily time frame.
- Support @5.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.56 to 8.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 70.7 | POSITIVE | AMCX has a high relative strength, it outperformed 70.7% 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) | DOWN | MIXED | The current price of AMCX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.65 | NEUTRAL | The RSI value for AMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AMCX has a positive trend. |
| Stochastics (14,3) | 78.34 | NEUTRAL | The Stochastics value for AMCX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AMCX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for AMCX suggests a possible start of a new trend. |
8.55
+0.51 (+6.34%)
AMC NETWORKS INC-A / AMCX FAQ
What is the ChartMill technical rating of AMC NETWORKS INC-A (AMCX) stock?
ChartMill assigns a technical rating of 8 / 10 to AMCX.
Can you provide the trend direction for AMC NETWORKS INC-A?
The current trend direction for AMC NETWORKS INC-A (AMCX) is Bullish.
Can you provide the RSI signal for AMC NETWORKS INC-A?
AMC NETWORKS INC-A (AMCX) has an RSI value of 63.6454. This indicates that the stock is currently neutral.
What is the MACD signal for AMCX stock?
The MACD indicator for AMC NETWORKS INC-A (AMCX) has a value of 0.0756671, indicating a bearish trend.
What is the buy/sell signal for AMCX stock?
The buy/sell signal for AMC NETWORKS INC-A (AMCX) is buy as both the short term and long term trends are positive.