CINEWORLD GROUP PLC (CINE.L) Technical Analysis
LON:CINE • GB00B15FWH70
Current stock price
CINE.L Technical Rating and Analysis
Taking everything into account, CINE scores 0 out of 10 in our technical rating. CINE'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CINE is a bad performer in the overall market: 100% of all stocks are doing better.
- CINE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CINE has a been trading in the 0.33 - 0.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CINE.L Weekly and Daily overview Charts
CINE.L Setup Rating and Analysis
CINE has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
CINE.L Support and Resistance Analysis
0.38
We found 1 important resistance area.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CINE.L 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 | DOWN | NEGATIVE | The long term trend for CINE.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CINE.L is down. |
| ChartMill Relative Strength | 0.38 | NEGATIVE | CINE.L has a low relative strength, it was outperformed by 99.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CINE.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CINE.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CINE.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.31 | NEUTRAL | The RSI value for CINE.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CINE.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.94 | NEUTRAL | The Stochastics value for CINE.L is a neutral value. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for CINE.L suggests high volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for CINE.L suggests a weak or negative trend. |
CINE.L Chart- and CandleStick Pattern Analysis
CINE.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:CINE (7/27/2023, 5:23:31 PM)
0.381
-0.02 (-4.75%)
CINEWORLD GROUP PLC / CINE.L TA FAQ
What is the ChartMill technical rating of CINEWORLD GROUP PLC (CINE.L) stock?
ChartMill assigns a technical rating of 0 / 10 to CINE.L.
Can you provide the trend direction for CINEWORLD GROUP PLC?
The current trend direction for CINEWORLD GROUP PLC (CINE.L) is Bearish.
Can you provide the RSI signal for CINEWORLD GROUP PLC?
CINEWORLD GROUP PLC (CINE.L) has an RSI value of 38.3077. This indicates that the stock is currently neutral.
What is the buy/sell signal for CINEWORLD GROUP PLC (CINE.L) stock?
The buy/sell signal for CINEWORLD GROUP PLC (CINE.L) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for CINEWORLD GROUP PLC (CINE.L) stock?
CINEWORLD GROUP PLC (CINE.L) has a resistance level at 0.39. Check the full technical report for our detailed analysis of CINE.L support and resistance levels.