CINEMARK HOLDINGS INC (CNK) Stock Technical Analysis
NYSE:CNK - New York Stock Exchange, Inc. - US17243V1026 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CNK. Both in the recent history as in the last year, CNK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CNK did better than 96% of all other stocks. We also observe that the gains produced by CNK over the past year are nicely spread over this period.
CNK is one of the better performing stocks in the Entertainment industry, it outperforms 91% of 72 stocks in the same industry.
CNK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CNK is performing more or less in line with the market.
In the last month CNK has a been trading in the 27.86 - 34.01 range, which is quite wide. It is currently trading near the high of this range.
CNK has an average volume of 3635240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CNK has an excellent technical rating, it does not present a decent entry opportunity 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
26.04
34.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.07 to 30.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.30 from a trend line in the weekly 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 | 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 | 96.63 | POSITIVE | CNK has a high relative strength, it outperformed 96.63% 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) | UP | POSITIVE | The current price of CNK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.52 | OVERBOUGHT | The high RSI value suggests CNK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests CNK has a positive trend. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests CNK may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for CNK suggests some volalility. |
| Average Directional Index/ADX (14) | 32.12 | POSITIVE | The high ADX value value for CNK suggests a strong 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)
33.77
+0.81 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.46%
1 Week4.1%
2 Weeks5.96%
1 Month12.98%
3 Month31.86%
6 Month-2.17%
12 Month95.54%
2 Year110.93%
3 Year98.88%
5 Year124.68%
10 Year-16.68%
15 Year111.19%
Volatility
ATR(14)0.84
ATR(20)%3.03%
ATR Inc14.91%
Range Today1.18
ADR(20)0.98
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.63
Mansfield1.79
10 Day High34.01
10 Day Low31.31
20 Day High34.01
20 Day Low27.86
52 Week High36.28
52 Week Low16.32
CS1 End30.31
CR1 StartN/A
Volume & EV
DER(3)-2.09%
DER(5)-0.48%
Volume2.97M
Volume Incr-8.33%
Vol(5)3.15M
Vol(50)3.64M