Logo image of APE

AMC ENTERTAINMENT-PFD EQ UT (APE) Stock Technical Analysis

NYSE:APE - New York Stock Exchange, Inc. - US00165C2035 - Currency: USD

1.42  -0.31 (-17.92%)

After market: 1.43 +0.01 (+0.7%)

Technical Rating and Analysis

1

Taking everything into account, APE scores 1 out of 10 in our technical rating. APE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

93% of all other stocks performed better in the past year than APE.
APE is one of the lesser performing stocks in the Entertainment industry. 81% of 72 stocks in the same industry do better.
APE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month APE has a been trading in the 1.29 - 2.36 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
APE has an average volume of 28498800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Weekly and Daily overview Charts
AMC ENTERTAINMENT-PFD EQ UT / APE Weekly stock chart
AMC ENTERTAINMENT-PFD EQ UT / APE Daily stock chart
Setup Rating and Analysis

1

The technical rating of APE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.41

2.26

We found 1 important resistance area.

  • Resistance @2.24 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for APE is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for APE is down.
ChartMill Relative Strength7.61NEGATIVEAPE has a low relative strength, it was outperformed by 92.39% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of APE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of APE is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of APE is below a declining SMA(200).
Relative Strength Index/RSI (14)31.51NEUTRALThe RSI value for APE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests APE has a negative trend.
Stochastics (14,3)13.79OVERSOLDThe low Stochastics value suggests APE may be oversold.
Average True Range in percent/ATR (20)10.7HIGH VOLATILITYThe high ATR as a percentage value for APE suggests high volalility.
Average Directional Index/ADX (14)26.42POSITIVEThe high ADX value value for APE suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
AMC ENTERTAINMENT-PFD EQ UT / APE Daily stock chart

AMC ENTERTAINMENT-PFD EQ UT

NYSE:APE (8/24/2023, 8:26:04 PM)

After market: 1.43 +0.01 (+0.7%)

1.42

-0.31 (-17.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-17.92%
1 Week-35.16%
2 Weeks-18.86%
1 Month-23.66%
3 Month-10.69%
6 Month-34.26%
12 Month-78.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%10.7%
ATR Inc104.51%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.61
Mansfield-6.75
10 Day High2.36
10 Day Low1.29
20 Day High2.36
20 Day Low1.29
52 Week High6.28
52 Week Low0.65
CS1 EndN/A
CR1 Start2.24
Volume & EV
DER(3)-1.31%
DER(5)-2.67%
Volume135.87M
Volume Incr226.37%
Vol(5)91.73M
Vol(50)28.50M