NCMI Technical Analysis - NATIONAL CINEMEDIA INC

Technical Rating and Analysis

Taking everything into account, NCMI scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NCMI was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, NCMI is a bad performer in the overall market: 90% of all stocks are doing better.

NCMI is one of the lesser performing stocks in the Media industry. 64% of 99 stocks in the same industry do better.

NCMI 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.

In the last month NCMI has a been trading in the 4.18 - 5.03 range, which is quite wide. It is currently trading near the high of this range.

The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

NATIONAL CINEMEDIA INC / NCMI Weekly stock chart

NATIONAL CINEMEDIA INC / NCMI Daily stock chart

Setup Rating and Analysis

NCMI has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.17

7.27

We found 2 important support areas.

A support zone ranging from 4.38 to 4.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Support @4.21 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 4.84 to 4.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @6.01 from a horizontal line in the daily time frame.
Resistance @7.20 from a horizontal line in the weekly time frame.

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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	DOWN	NEGATIVE	The long term trend for NCMI is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for NCMI is up.
ChartMill Relative Strength	10.39	NEGATIVE	NCMI has a low relative strength, it was outperformed by 89.61% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of NCMI is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of NCMI is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NCMI is below a declining SMA(200).
Relative Strength Index/RSI (14)	54.91	NEUTRAL	The RSI value for NCMI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests NCMI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	70.32	NEUTRAL	The Stochastics value for NCMI is a neutral value.
Average True Range in percent/ATR (20)	3.87	MEDIUM VOLATILITY	The ATR as a percentage value for NCMI suggests some volalility.
Average Directional Index/ADX (14)	14.12	NEGATIVE	The low ADX value for NCMI suggests a weak or negative trend.