CINEMARK HOLDINGS INC (CNK) Technical Analysis
NYSE:CNK • US17243V1026
Current stock price
26.63 USD
-0.13 (-0.49%)
At close:
26.79 USD
+0.16 (+0.6%)
Pre-Market:
CNK Technical Rating and Analysis
Taking everything into account, CNK scores 7 out of 10 in our technical rating. In the last year, CNK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- CNK is one of the better performing stocks in the Entertainment industry, it outperforms 71% of 79 stocks in the same industry.
- In the last month CNK has a been trading in the 25.01 - 29.16 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 2657260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that CNK is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big 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.
- Considerably lower volume is observed in the last couple of days.
CNK Weekly and Daily overview Charts
CNK Setup Rating and Analysis
Besides having an excellent technical rating, CNK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 25.89, a Stop Loss order could be placed below this zone.
More info and screens
CNK Support and Resistance Analysis
22.71
31.71
We found 3 important support areas.
- A support zone ranging from 25.34 to 25.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.24 from a trend line in the daily time frame.
- Support @22.94 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @27.81 from a trend line in the weekly time frame.
- Resistance @28.50 from a trend line in the daily time frame.
- Resistance @29.88 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 30.41 to 30.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @31.40 from a trend line in the weekly time frame.
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 | 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 | 73.71 | POSITIVE | CNK has a high relative strength, it outperformed 73.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CNK is below 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 | NEGATIVE | The current price of CNK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.42 | NEUTRAL | The RSI value for CNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CNK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.2 | NEUTRAL | The Stochastics value for CNK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for CNK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.59 | NEUTRAL | The ADX value for CNK suggests a possible start of a new trend. |
CNK Chart- and CandleStick Pattern Analysis
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)
CNK Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.82 | 25.33 | 2.49 (8.95%) | 11.17% |
| An entry @27.82. This is a Buy Stop order right above the resistance zone. | An exit @25.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.49 points, which is 8.95%. | When investing 11.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CNK Technicals: Chart, Performance Metrics, Trend & Indicators
26.63
-0.13 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.49%
1 Week2.38%
2 Weeks-6.92%
1 Month0.83%
3 Month19.58%
6 Month-3.55%
12 Month2.23%
2 Year48.19%
3 Year80.05%
5 Year30.48%
10 Year-25.68%
15 Year37.62%
Volatility
ATR(14)1.06
ATR(20)%3.86%
ATR Inc-31.41%
Range Today0.67
ADR(20)1
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.71
3 months CRS91.34
6 months CRS41.89
Mansfield-0.69
10 Day High28.86
10 Day Low25.01
20 Day High29.16
20 Day Low25.01
52 Week High34.01
52 Week Low21.6
CS1 End25.89
CR1 Start27.81
Volume & EV
DER(3)1.15%
DER(5)2.07%
Volume1.29M
Volume Incr-39.63%
Vol(5)1.72M
Vol(50)2.66M
CINEMARK HOLDINGS INC / CNK TA FAQ
What is the ChartMill technical rating of CINEMARK HOLDINGS INC (CNK) stock?
ChartMill assigns a technical rating of 7 / 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 Bearish.
Can you provide the RSI signal for CINEMARK HOLDINGS INC?
CINEMARK HOLDINGS INC (CNK) has an RSI value of 52.4208. This indicates that the stock is currently neutral.
What is the MACD signal for CINEMARK HOLDINGS INC (CNK) stock?
The MACD indicator for CINEMARK HOLDINGS INC (CNK) has a value of -0.203214, indicating a bearish trend.