AMC ENTERTAINMENT HLD. - 1H - Technical analysis published on 05/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 12.17 USD
My targets
14.04 USD (+11.43%)
15.97 USD (+26.77%)
My analysis
The bullish trend is currently very strong on AMC ENTERTAINMENT HLD.. As long as the price remains above the support at 12.17 USD, you could try to benefit from the boom. The first bullish objective is located at 14.04 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.97 USD as an objective. Crossing it would then enable buyers to target 16.09 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMC ENTERTAINMENT HLD. price is 12.60 USD. On the day, this instrument gained +22.09% and was between 10.64 USD and 12.75 USD. This implies that the price is at +18.42% from its lowest and at -1.18% from its highest.10.64
12.75
12.60
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of AMC ENTERTAINMENT HLD. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.25 | 11.55 | 12.17 | 12.60 | 14.04 | 16.09 | 19.90 |
| Change (%) | -10.71% | -8.33% | -3.41% | - | +11.43% | +27.70% | +57.94% |
| Change | -1.35 | -1.05 | -0.43 | - | +1.44 | +3.49 | +7.30 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.42 | 9.72 | 10.02 | 10.32 | 10.62 | 10.92 | 11.22 |
| Camarilla | 10.16 | 10.21 | 10.27 | 10.32 | 10.38 | 10.43 | 10.49 |
| Woodie | 9.42 | 9.72 | 10.02 | 10.32 | 10.62 | 10.92 | 11.22 |
| Fibonacci | 9.72 | 9.95 | 10.09 | 10.32 | 10.55 | 10.69 | 10.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.73 | 8.33 | 8.92 | 9.52 | 10.11 | 10.71 | 11.30 |
| Camarilla | 9.18 | 9.29 | 9.40 | 9.51 | 9.62 | 9.73 | 9.84 |
| Woodie | 7.73 | 8.33 | 8.92 | 9.52 | 10.11 | 10.71 | 11.30 |
| Fibonacci | 8.33 | 8.79 | 9.07 | 9.52 | 9.98 | 10.26 | 10.71 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.24 | 6.28 | 8.15 | 10.19 | 12.06 | 14.10 | 15.97 |
| Camarilla | 8.96 | 9.31 | 9.67 | 10.03 | 10.39 | 10.75 | 11.11 |
| Woodie | 4.17 | 6.24 | 8.08 | 10.15 | 11.99 | 14.06 | 15.90 |
| Fibonacci | 6.28 | 7.77 | 8.69 | 10.19 | 11.68 | 12.60 | 14.10 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 84.54 | |
| MACD (12,26,9): | 0.6100 | |
| Directional Movement: | 25.15 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 10.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.21 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 9.68 | |
| Zig ZAG (10): | 10.32 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 78.53 | |
| TEMA (21): | 10.48 | |
| Williams %R (14): | -29.76 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 10.24 |
| MA7: | 9.60 | |
| MA20: | 10.08 | |
| MA50: | 10.35 | |
| MA100: | 7.86 | |
| MAexp7: | 10.30 | |
| MAexp20: | 10.82 | |
| MAexp50: | 10.26 | |
| MAexp100: | 10.09 | |
| Price / MA7: | +31.25% | |
| Price / MA20: | +25.00% | |
| Price / MA50: | +21.74% | |
| Price / MA100: | +60.31% | |
| Price / MAexp7: | +22.33% | |
| Price / MAexp20: | +16.45% | |
| Price / MAexp50: | +22.81% | |
| Price / MAexp100: | +24.88% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on AMC ENTERTAINMENT HLD. at the time of the analysis were as follows:
-
AMC Entertainment CEO: The film industry is 'booming'
- AMC Entertainment Holdings, Inc. to Announce First Quarter 2019 Results and Host Earnings Conference Call
- Fathom Events Enters Exclusive Partnership with International Event Cinema Powerhouse CinEvents
- AMC Entertainment Holdings, Inc. Announces Fourth Quarter and Record Full Year 2018 Results
- AMC Entertainment Holdings, Inc. Announces Quarterly Dividend of $0.20 Per Share
This member declared not having a position on this financial instrument or a related financial instrument.
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