CINEMARK HOLDINGS INC (CNK) Technical Analysis
NYSE:CNK • US17243V1026
Current stock price
CNK Technical Rating and Analysis
Taking everything into account, CNK scores 8 out of 10 in our technical rating. Although CNK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- CNK is one of the better performing stocks in the Entertainment industry, it outperforms 82% of 79 stocks in the same industry.
- In the last month CNK has a been trading in the 25.01 - 31.08 range, which is quite wide. It is currently trading near the high of this range.
- CNK has an average volume of 2340390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CNK did better than 77% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- CNK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNK is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CNK Weekly and Daily overview Charts
CNK Setup Rating and Analysis
Although CNK has an excellent technical rating, it 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
CNK Support and Resistance Analysis
22.91
We found 5 important support areas.
- A support zone ranging from 30.71 to 30.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.81 to 27.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.37 from a horizontal line in the daily time frame.
- Support @24.86 from a horizontal line in the daily time frame.
- Support @23.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.88 to 31.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
CNK 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 | UP | POSITIVE | The long term trend for CNK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNK is up. |
| ChartMill Relative Strength | 77.35 | POSITIVE | CNK has a high relative strength, it outperformed 77.35% off all stocks 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) | DOWN | MIXED | The current price of CNK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.87 | OVERBOUGHT | The high RSI value suggests CNK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests CNK has a positive trend. |
| Stochastics (14,3) | 87.32 | OVERBOUGHT | The high Stochastics value suggests CNK may be overbought. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CNK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for CNK suggests a weak or negative trend. |
CNK Chart- and CandleStick Pattern Analysis
CNK Technicals: Chart, Performance Metrics, Trend & Indicators
30.87
+1.15 (+3.87%)
CINEMARK HOLDINGS INC / CNK TA FAQ
What is the ChartMill technical rating of CINEMARK HOLDINGS INC (CNK) stock?
ChartMill assigns a technical rating of 8 / 10 to CNK.
What is the current trend direction of CINEMARK HOLDINGS INC (CNK) stock?
The current trend direction for CINEMARK HOLDINGS INC (CNK) is Bullish.
What is the RSI signal for CNK stock?
CINEMARK HOLDINGS INC (CNK) has an RSI value of 72.8718. This indicates that the stock is currently overbought.
Can you provide the short term momentum for CINEMARK HOLDINGS INC?
The short term momentum for CINEMARK HOLDINGS INC (CNK) is positive.
Can you provide the support and resistance levels for CINEMARK HOLDINGS INC?
CINEMARK HOLDINGS INC (CNK) has a support level at 30.86 and a resistance level at 30.88. Check the full technical report for our detailed analysis of CNK support and resistance levels.