Londinia Opportunities Analyses - 04/25/2024 (GMT) CINEMARK HLD. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	CNK
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 17.60 USD

My targets

16.85 USD (-2.77%)

16.15 USD (-6.81%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CINEMARK HLD. as long as the price remains well below 17.60 USD. The sellers' bearish objective is set at 16.85 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 16.15 USD. In case of crossing, the next objective would be the support located at 15.38 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The CINEMARK HLD. rating is 17.33 USD. The price registered a decrease of -2.15% on the session with the lowest point at 17.19 USD and the highest point at 17.49 USD. The deviation from the price is +0.81% for the low point and -0.91% for the high point.

17.19

17.49

17.33

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CINEMARK HLD.:

The Central Records scanner for higher/lower results shows an item:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CINEMARK HLD. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	15.38	16.15	16.85	17.33	17.60	18.36	18.87
Change (%)	-11.25%	-6.81%	-2.77%	-	+1.56%	+5.94%	+8.89%
Change	-1.95	-1.18	-0.48	-	+0.27	+1.03	+1.54
Level	Intermediate	Major	Minor	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.01	17.24	17.47	17.70	17.93	18.16	18.39
Camarilla	17.58	17.63	17.67	17.71	17.75	17.79	17.84
Woodie	17.02	17.24	17.48	17.70	17.94	18.16	18.40
Fibonacci	17.24	17.41	17.52	17.70	17.87	17.98	18.16

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.76	17.20	17.71	18.15	18.66	19.10	19.61
Camarilla	17.96	18.05	18.13	18.22	18.31	18.39	18.48
Woodie	16.80	17.22	17.75	18.17	18.70	19.12	19.65
Fibonacci	17.20	17.56	17.79	18.15	18.51	18.74	19.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.29	15.52	16.75	17.98	19.21	20.44	21.67
Camarilla	17.29	17.52	17.75	17.97	18.20	18.42	18.65
Woodie	14.28	15.52	16.74	17.98	19.20	20.44	21.66
Fibonacci	15.52	16.46	17.04	17.98	18.92	19.50	20.44

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	34.12
MACD (12,26,9):	-0.1600
Directional Movement:	-13.12
AROON (14):	-64.29
DEMA (21):	17.57
Parabolic SAR (0,02-0,02-0,2):	17.94
Elder Ray (13):	-0.33
Super Trend (3,10):	18.08
Zig ZAG (10):	17.21
VORTEX (21):	0.8100
Stochastique (14,3,5):	16.24
TEMA (21):	17.47
Williams %R (14):	-96.23
Chande Momentum Oscillator (20):	-0.62
Repulse (5,40,3):	-1.5600
ROCnROLL:	2
TRIX (15,9):	-0.0900
Courbe Coppock:	4.60

MA7:	17.88
MA20:	18.29
MA50:	17.72
MA100:	16.01
MAexp7:	17.56
MAexp20:	17.76
MAexp50:	17.97
MAexp100:	18.12
Price / MA7:	-3.08%
Price / MA20:	-5.25%
Price / MA50:	-2.20%
Price / MA100:	+8.24%
Price / MAexp7:	-1.31%
Price / MAexp20:	-2.42%
Price / MAexp50:	-3.56%
Price / MAexp100:	-4.36%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on CINEMARK HLD. at the time of the generation of this analysis was as follows: