CINEMARK HOLDINGS INC (CNK) Stock Technical Analysis
USA - NYSE:CNK - US17243V1026 - Common Stock
Overall CNK gets a technical rating of 6 out of 10. CNK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CNK has an average technical rating and it also does not offer a high 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
25.14
2 important support areas can be observed.
- A support zone ranging from 26.17 to 26.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.39 to 25.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @32.42 from a trend line in the weekly time frame.
- Resistance @33.06 from a horizontal line in the daily time frame.
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 CNK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNK is up. |
| ChartMill Relative Strength | 62.58 | NEUTRAL | CNK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.2 | NEUTRAL | The RSI value for CNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests CNK has a positive trend. |
| Stochastics (14,3) | 88.08 | OVERBOUGHT | The high Stochastics value suggests CNK may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for CNK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for CNK suggests a weak or negative trend. |
30.41
+0.32 (+1.06%)
CINEMARK HOLDINGS INC / CNK FAQ
What is the ChartMill technical rating of CINEMARK HOLDINGS INC (CNK) stock?
ChartMill assigns a technical rating of 6 / 10 to CNK.
What is the trend direction for CNK stock?
The current trend direction for CINEMARK HOLDINGS INC (CNK) is Bearish.
Can you provide the RSI signal for CINEMARK HOLDINGS INC?
CINEMARK HOLDINGS INC (CNK) has an RSI value of 67.1967. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CINEMARK HOLDINGS INC?
CINEMARK HOLDINGS INC (CNK) has a support level at 26.83 and a resistance level at 32.42. Check the full technical report for our detailed analysis of CNK support and resistance levels.