SIX FLAGS ENTERTAINMENT CORP (SIX) Stock Technical Analysis
NYSE:SIX - New York Stock Exchange, Inc. - US83001A1025 - Common Stock - Currency: USD
Taking everything into account, SIX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SIX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SIX is one of the better performing stocks in the market, outperforming 89% of all stocks.
SIX is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. SIX outperforms 81% of them.
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 has an excellent technical rating, but the quality of the setup is 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
19.42
32.32
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.
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. |
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)
32
-1.14 (-3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.44%
1 Week2.63%
2 Weeks10.69%
1 Month25.74%
3 Month26.38%
6 Month38.83%
12 Month30.19%
2 Year41.16%
3 Year-22.98%
5 Year-39.43%
10 Year-16.27%
15 YearN/A
Volatility
ATR(14)1.51
ATR(20)%4.13%
ATR Inc27.63%
Range Today1.66
ADR(20)1.28
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.99
Mansfield1.38
10 Day High34.06
10 Day Low28.61
20 Day High34.06
20 Day Low25.3
52 Week High34.06
52 Week Low18.29
CS1 End31.99
CR1 StartN/A
Volume & EV
DER(3)-0.92%
DER(5)-1.41%
Volume16.92M
Volume Incr323.18%
Vol(5)6.64M
Vol(50)1.75M