CINEMARK HOLDINGS INC (CNK) Stock Technical Analysis
USA - NYSE:CNK - US17243V1026 - Common Stock
28.23 USD
+0.41 (+1.47%)
28.22 USD
-0.01 (-0.04%)
Overall CNK gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CNK was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CNK is a bad performer in the overall market: 70% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CNK has a been trading in the 25.89 - 29.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CNK has an average volume of 4103910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CNK is part of the Entertainment industry. There are 80 other stocks in this industry, CNK did better than 44% of them.
CNK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNK is lagging the market.
Although the technical rating is bad, CNK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 28.22, a Stop Loss order could be placed below this zone.
More info and screens
24.01
33.39
We found 3 important support areas.
- A support zone ranging from 27.61 to 28.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.91 to 26.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.25 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.51 to 28.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.75 to 33.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 30.71 | 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) | DOWN | MIXED | The current price of CNK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for CNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CNK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.89 | NEUTRAL | The Stochastics value for CNK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for CNK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for CNK suggests a possible start of a new trend. |
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)
28.23
+0.41 (+1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.47%
1 Week-1.29%
2 Weeks2.25%
1 Month9.08%
3 Month-8.08%
6 Month14.85%
12 Month5.49%
2 Year71.19%
3 Year166.07%
5 Year244.69%
10 Year-20.34%
15 Year60.85%
Volatility
ATR(14)0.77
ATR(20)%2.79%
ATR Inc25.09%
Range Today0.89
ADR(20)0.78
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.71
Mansfield-1.4
10 Day High29.49
10 Day Low27.11
20 Day High29.49
20 Day Low25.89
52 Week High36.28
52 Week Low23.12
CS1 End28.22
CR1 Start28.51
Volume & EV
DER(3)-0.05%
DER(5)-0.61%
Volume3.44M
Volume Incr-26.7%
Vol(5)2.92M
Vol(50)4.10M