AMC GLOBAL MEDIA INC (AMCX) Technical Analysis
NASDAQ:AMCX • US00164V1035
Current stock price
AMCX Technical Rating and Analysis
Taking everything into account, AMCX scores 9 out of 10 in our technical rating. In the last year, AMCX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that AMCX is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by AMCX over the past year are nicely spread over this period.
- AMCX is one of the better performing stocks in the Media industry, it outperforms 82% of 90 stocks in the same industry.
- In the last month AMCX has a been trading in the 6.47 - 8.84 range, which is quite wide. It is currently trading near the high of this range.
- AMCX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMCX is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AMCX Weekly and Daily overview Charts
AMCX Setup Rating and Analysis
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.
More info and screens
AMCX Support and Resistance Analysis
6.53
2 important support areas can be observed.
- A support zone ranging from 7.48 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.60 to 6.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.01 to 10.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for AMCX is up. |
| ChartMill Relative Strength | 76.22 | POSITIVE | AMCX has a high relative strength, it outperformed 76.22% 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) | 75.28 | OVERBOUGHT | The high RSI value suggests AMCX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests AMCX has a positive trend. |
| Stochastics (14,3) | 97.75 | OVERBOUGHT | The high Stochastics value suggests AMCX may be overbought. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for AMCX suggests some volalility. |
| Average Directional Index/ADX (14) | 22.54 | 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
8.77
+0.54 (+6.56%)
AMC GLOBAL MEDIA INC / AMCX TA FAQ
What is the ChartMill technical rating of AMC GLOBAL MEDIA INC (AMCX) stock?
ChartMill assigns a technical rating of 9 / 10 to AMCX.
What is the trend direction for AMCX stock?
The current trend direction for AMC GLOBAL MEDIA INC (AMCX) is Bearish.
What is the RSI signal for AMCX stock?
AMC GLOBAL MEDIA INC (AMCX) has an RSI value of 75.2776. This indicates that the stock is currently overbought.
What is the MACD signal for AMC GLOBAL MEDIA INC (AMCX) stock?
The MACD indicator for AMC GLOBAL MEDIA INC (AMCX) has a value of 0.191812, indicating a bearish trend.