NATIONAL CINEMEDIA INC (NCMI) Technical Analysis
NASDAQ:NCMI • US6353092066
Current stock price
NCMI Technical Rating and Analysis
Overall NCMI gets a technical rating of 2 out of 10. 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: 89% of all stocks are doing 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 2.92 - 3.56 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 40% of 90 stocks in the same industry.
NCMI Weekly and Daily overview Charts
NCMI Setup Rating and Analysis
The technical rating of NCMI is bad and it also does not present a quality setup 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.
More info and screens
NCMI Support and Resistance Analysis
3.46
We found 1 important resistance area.
- A resistance zone ranging from 3.50 to 3.50. 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 | 11.58 | NEGATIVE | NCMI has a low relative strength, it was outperformed by 88.42% 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) | 59.97 | NEUTRAL | The RSI value for NCMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NCMI has a positive trend. |
| Stochastics (14,3) | 88.34 | OVERBOUGHT | The high Stochastics value suggests NCMI may be overbought. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for NCMI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for NCMI suggests a weak or negative trend. |
NCMI Chart- and CandleStick Pattern Analysis
NCMI Technicals: Chart, Performance Metrics, Trend & Indicators
3.49
+0.04 (+1.16%)
NATIONAL CINEMEDIA INC / NCMI TA FAQ
What is the ChartMill technical rating of NATIONAL CINEMEDIA INC (NCMI) stock?
ChartMill assigns a technical rating of 2 / 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 59.9663. 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 0.0495897, 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 3.5. Check the full technical report for our detailed analysis of NCMI support and resistance levels.