CINEMARK HOLDINGS INC (CNK) Stock Technical Analysis
NYSE:CNK - US17243V1026 - Common Stock
26.55 USD
+0.37 (+1.41%)
26.55 USD
0 (0%)
We assign a technical rating of 0 out of 10 to CNK. CNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than CNK.
CNK is part of the Entertainment industry. There are 75 other stocks in this industry, of which 63% are performing better than CNK.
CNK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CNK has an average volume of 4674970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CNK has a been trading in the 24.60 - 29.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CNK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.56. Right above this resistance zone may be a good entry point.
More info and screens
24.01
33.42
When analyzing the support we notice one important area.
- A support zone ranging from 24.25 to 24.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 26.56 to 26.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 28.70 to 28.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @30.71 from a horizontal line in the daily time frame.
- A resistance zone ranging from 32.70 to 33.09. 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 | DOWN | NEGATIVE | The long term trend for CNK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNK is down. |
| ChartMill Relative Strength | 14.57 | NEGATIVE | CNK has a low relative strength, it was outperformed by 85.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CNK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNK is below 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) | 46.07 | NEUTRAL | The RSI value for CNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CNK has a positive trend. |
| Stochastics (14,3) | 66.2 | NEUTRAL | The Stochastics value for CNK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for CNK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.98 | 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)
26.55
+0.37 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.41%
1 Week3.63%
2 Weeks7.01%
1 Month-8.57%
3 Month-18.18%
6 Month-3.28%
12 Month-4.5%
2 Year63.08%
3 Year88.57%
5 Year81.23%
10 Year-25.32%
15 Year81.72%
Volatility
ATR(14)0.73
ATR(20)%3.39%
ATR Inc-24.87%
Range Today0.84
ADR(20)0.9
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.57
Mansfield-1.77
10 Day High26.99
10 Day Low24.88
20 Day High29.2
20 Day Low24.6
52 Week High36.28
52 Week Low23.12
CS1 End24.54
CR1 Start26.56
Volume & EV
DER(3)-2.95%
DER(5)-1.6%
Volume2.92M
Volume Incr-16.7%
Vol(5)3.76M
Vol(50)4.67M