NATIONAL CINEMEDIA INC (NCMI) Technical Analysis
NASDAQ:NCMI • US6353092066
Current stock price
NCMI Technical Rating and Analysis
Taking everything into account, NCMI scores 4 out of 10 in our technical rating. In the past year, NCMI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 87% of all other stocks performed better in the past year than NCMI.
- 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 2.92 - 3.71 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- NCMI is an average performer in the Media industry, it outperforms 42% of 90 stocks in the same industry.
NCMI Weekly and Daily overview Charts
NCMI Setup Rating and Analysis
Although the technical rating is only medium, NCMI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.65. Right above this resistance zone may be a good entry point.
More info and screens
NCMI Support and Resistance Analysis
3.48
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.65 to 3.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
NCMI 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 | 13.94 | NEGATIVE | NCMI has a low relative strength, it was outperformed by 86.06% 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) | UP | POSITIVE | The current price of NCMI is above the rising 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) | 66.53 | NEUTRAL | The RSI value for NCMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NCMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.37 | OVERBOUGHT | The high Stochastics value suggests NCMI may be overbought. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for NCMI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.79 | POSITIVE | The high ADX value value for NCMI suggests a strong trend. |
NCMI Chart- and CandleStick Pattern Analysis
NCMI Technicals: Chart, Performance Metrics, Trend & Indicators
3.52
-0.13 (-3.56%)
NATIONAL CINEMEDIA INC / NCMI TA FAQ
What is the ChartMill technical rating of NATIONAL CINEMEDIA INC (NCMI) stock?
ChartMill assigns a technical rating of 4 / 10 to NCMI.
What is the trend direction for NCMI stock?
The current trend direction for NATIONAL CINEMEDIA INC (NCMI) is Bearish.
What is the RSI signal for NATIONAL CINEMEDIA INC (NCMI) stock?
NATIONAL CINEMEDIA INC (NCMI) has an RSI value of 66.5312. This indicates that the stock is currently neutral.
What is the MACD signal for NATIONAL CINEMEDIA INC (NCMI) stock?
The MACD indicator for NATIONAL CINEMEDIA INC (NCMI) has a value of 0.0592216, indicating a bearish trend.
What are the support and resistance levels for NATIONAL CINEMEDIA INC (NCMI) stock?
NATIONAL CINEMEDIA INC (NCMI) has a resistance level at 3.65. Check the full technical report for our detailed analysis of NCMI support and resistance levels.