NATIONAL CINEMEDIA INC (NCMI) Stock Technical Analysis
NASDAQ:NCMI - Nasdaq - US6353092066 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to NCMI. NCMI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the performance of all stocks over the past year, NCMI turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
NCMI is an average performer in the Media industry, it outperforms 63% of 97 stocks in the same industry.
NCMI 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 NCMI is lagging the market slightly.
In the last month NCMI has a been trading in the 4.86 - 5.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NCMI 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 support zone below the current price at 4.97, a Stop Loss order could be placed below this zone.
More info and screens
4.84
7.27
When analyzing the support we notice one important area.
- A support zone ranging from 4.89 to 4.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 5.21 to 5.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.42 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.76 from a trend line in the daily time frame.
- A resistance zone ranging from 5.93 to 6.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.66 from a trend line in the weekly time frame.
- Resistance @7.20 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for NCMI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCMI is neutral. |
| ChartMill Relative Strength | 58.47 | NEUTRAL | NCMI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NCMI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCMI is below 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) | 46.53 | NEUTRAL | The RSI value for NCMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NCMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.08 | NEUTRAL | The Stochastics value for NCMI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for NCMI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.4 | NEGATIVE | The low ADX value for NCMI suggests a weak or negative 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)
5.18
-0.08 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.52%
1 Week-2.63%
2 Weeks2.78%
1 Month4.44%
3 Month-9.44%
6 Month-22.92%
12 Month18%
2 Year53.71%
3 Year-43.46%
5 Year-82.56%
10 Year-96.75%
15 Year-96.89%
Volatility
ATR(14)0.22
ATR(20)%4.21%
ATR Inc-23.74%
Range Today0.18
ADR(20)0.21
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.47
Mansfield-1.91
10 Day High5.54
10 Day Low5.05
20 Day High5.56
20 Day Low4.86
52 Week High7.6
52 Week Low4.12
CS1 End4.97
CR1 Start5.21
Volume & EV
DER(3)-3.22%
DER(5)0.65%
Volume820.70K
Volume Incr-29.54%
Vol(5)509.18K
Vol(50)778.75K