SIX FLAGS ENTERTAINMENT CORP (SIX) Technical Analysis
NYSE:SIX • US83001A1025
Current stock price
SIX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SIX. Both in the recent history as in the last year, SIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SIX did better than 89% of all other stocks.
- SIX is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 96% of 126 stocks in the same industry.
- SIX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SIX is leading the market.
- In the last month SIX has a been trading in the 25.30 - 34.06 range, which is quite wide. It is currently trading near the high of this range.
- SIX has an average volume of 1747480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
SIX Weekly and Daily overview Charts
SIX Setup Rating and Analysis
Although SIX has an excellent technical rating, the quality of the presented setup is not ideal 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
SIX Support and Resistance Analysis
19.42
8 important support areas can be observed.
- A support zone ranging from 31.14 to 31.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.05 from a horizontal line in the daily time frame.
- A support zone ranging from 26.50 to 26.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.47 from a trend line in the weekly time frame.
- Support @24.94 from a horizontal line in the daily time frame.
- Support @23.96 from a horizontal line in the daily time frame.
- A support zone ranging from 22.93 to 23.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.62 from a trend line in the weekly time frame.
SIX 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 | UP | POSITIVE | The long term trend for SIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIX is up. |
| ChartMill Relative Strength | 89.99 | POSITIVE | SIX has a high relative strength, it outperformed 89.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.79 | NEUTRAL | The RSI value for SIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.8 | OVERBOUGHT | The high Stochastics value suggests SIX may be overbought. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for SIX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.44 | POSITIVE | The high ADX value value for SIX suggests a strong trend. |
SIX Chart- and CandleStick Pattern Analysis
SIX Technicals: Chart, Performance Metrics, Trend & Indicators
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-1.14 (-3.44%)
SIX FLAGS ENTERTAINMENT CORP / SIX TA FAQ
Can you provide the ChartMill technical rating for SIX FLAGS ENTERTAINMENT CORP?
ChartMill assigns a technical rating of 10 / 10 to SIX.
What is the trend direction for SIX stock?
The current trend direction for SIX FLAGS ENTERTAINMENT CORP (SIX) is Bullish.
What is the RSI signal for SIX FLAGS ENTERTAINMENT CORP (SIX) stock?
SIX FLAGS ENTERTAINMENT CORP (SIX) has an RSI value of 64.7868. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SIX FLAGS ENTERTAINMENT CORP?
The short term momentum for SIX FLAGS ENTERTAINMENT CORP (SIX) is positive.
What is the support and resistance level for SIX stock?
SIX FLAGS ENTERTAINMENT CORP (SIX) has a support level at 31.99. Check the full technical report for our detailed analysis of SIX support and resistance levels.