Taking everything into account, NCMI scores 0 out of 10 in our technical rating. NCMI'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.
- 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 currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month NCMI has a been trading in the 3.59 - 4.08 range, which is quite wide. It is currently trading near the lows of this range.
- NCMI is an average performer in the Media industry, it outperforms 41% of 92 stocks in the same industry.
NCMI has a poor technical rating and the quality of the setup is also only medium 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
3.57
We can see 3 important resistance areas.
- A resistance zone ranging from 3.74 to 3.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.05 from a horizontal line in the daily time frame.
- Resistance @4.34 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for NCMI is down. |
| ChartMill Relative Strength | 10 | NEGATIVE | NCMI has a low relative strength, it was outperformed by 90% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCMI is below a declining 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) | 33.07 | NEUTRAL | The RSI value for NCMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NCMI has a negative trend. |
| Stochastics (14,3) | 15.27 | OVERSOLD | The low Stochastics value suggests NCMI may be oversold. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for NCMI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for NCMI suggests a possible start of a new trend. |
3.61
-0.12 (-3.22%)
NATIONAL CINEMEDIA INC / NCMI FAQ
What is the ChartMill technical rating of NATIONAL CINEMEDIA INC (NCMI) stock?
ChartMill assigns a technical rating of 0 / 10 to NCMI.
What is the trend direction for NCMI stock?
The current trend direction for NATIONAL CINEMEDIA INC (NCMI) is Bearish.
Can you provide the RSI signal for NATIONAL CINEMEDIA INC?
NATIONAL CINEMEDIA INC (NCMI) has an RSI value of 33.0734. This indicates that the stock is currently neutral.
What is the MACD signal for NCMI stock?
The MACD indicator for NATIONAL CINEMEDIA INC (NCMI) has a value of -0.0103768, indicating a bearish trend.
What is the short term momentum for NCMI stock?
The short term momentum for NATIONAL CINEMEDIA INC (NCMI) is negative.