AMC ENTERTAINMENT HLD. - 1H - Technical analysis published on 10/14/2021 (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:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 38.71 USD
My targets
42.32 USD (+4.53%)
42.95 USD (+6.08%)
My analysis
AMC ENTERTAINMENT HLD. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 38.71 USD. The next resistance located at 42.32 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 42.95 USD. After this resistance, buyers could then target 45.36 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMC ENTERTAINMENT HLD. price is 40.49 USD. The price has increased by +6.81% since the last closing and was between 37.75 USD and 40.74 USD. This implies that the price is at +7.26% from its lowest and at -0.61% from its highest.37.75
40.74
40.49
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AMC ENTERTAINMENT HLD.:
Technical
A technical analysis in 1H of this AMC ENTERTAINMENT HLD. chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced 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.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 33.74 | 36.28 | 38.71 | 40.49 | 42.95 | 45.36 | 49.40 |
| Change (%) | -16.67% | -10.40% | -4.40% | - | +6.08% | +12.03% | +22.01% |
| Change | -6.75 | -4.21 | -1.78 | - | +2.46 | +4.87 | +8.91 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Minor |
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 | 34.61 | 35.36 | 36.64 | 37.39 | 38.67 | 39.42 | 40.70 |
| Camarilla | 37.35 | 37.54 | 37.72 | 37.91 | 38.10 | 38.28 | 38.47 |
| Woodie | 34.87 | 35.49 | 36.90 | 37.52 | 38.93 | 39.55 | 40.96 |
| Fibonacci | 35.36 | 36.14 | 36.62 | 37.39 | 38.17 | 38.65 | 39.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.15 | 33.90 | 35.54 | 37.29 | 38.93 | 40.68 | 42.32 |
| Camarilla | 36.26 | 36.57 | 36.88 | 37.19 | 37.50 | 37.81 | 38.12 |
| Woodie | 32.11 | 33.87 | 35.50 | 37.26 | 38.89 | 40.65 | 42.28 |
| Fibonacci | 33.90 | 35.19 | 35.99 | 37.29 | 38.58 | 39.38 | 40.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.22 | 22.48 | 30.27 | 41.53 | 49.32 | 60.58 | 68.37 |
| Camarilla | 32.82 | 34.57 | 36.31 | 38.06 | 39.81 | 41.55 | 43.30 |
| Woodie | 9.49 | 21.61 | 28.54 | 40.66 | 47.59 | 59.71 | 66.64 |
| Fibonacci | 22.48 | 29.76 | 34.25 | 41.53 | 48.81 | 53.30 | 60.58 |
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): | 72.05 | |
| MACD (12,26,9): | 0.6700 | |
| Directional Movement: | 25.55 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 39.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.70 | |
| Elder Ray (13): | 1.51 | |
| Super Trend (3,10): | 37.80 | |
| Zig ZAG (10): | 40.29 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 87.96 | |
| TEMA (21): | 39.65 | |
| Williams %R (14): | -8.90 | |
| Chande Momentum Oscillator (20): | 3.53 | |
| Repulse (5,40,3): | 2.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 13.52 |
| MA7: | 37.78 | |
| MA20: | 38.49 | |
| MA50: | 39.84 | |
| MA100: | 42.37 | |
| MAexp7: | 39.41 | |
| MAexp20: | 38.29 | |
| MAexp50: | 37.86 | |
| MAexp100: | 38.40 | |
| Price / MA7: | +7.17% | |
| Price / MA20: | +5.20% | |
| Price / MA50: | +1.63% | |
| Price / MA100: | -4.44% | |
| Price / MAexp7: | +2.74% | |
| Price / MAexp20: | +5.75% | |
| Price / MAexp50: | +6.95% | |
| Price / MAexp100: | +5.44% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The last news published on AMC ENTERTAINMENT HLD. at the time of the generation of this analysis was as follows:
- AMC Entertainment Sets New Post-reopening Records for Global Attendance, Admission Revenues and Food & Beverage Sales for a Single Weekend — on the Strength of VENOM: LET THERE BE CARNAGE in The U.S. and James Bond’s NO TIME TO DIE Internationally
- Thinking about trading options or stock in Carnival Corp, Atea Pharmaceuticals, AMC Entertainment, Merck, or Delta Air?
- AMC Entertainment Holdings, Inc. Exercises Option to Repurchase Some of its First Lien Debt
- Thinking about trading options or stock in Darden Restaurants, AMC Entertainment, BioNTech SE, Salesforce, or Alcoa?
- Thinking about trading options or stock in Ford, AMC Entertainment, Apple, Nio, or American Airlines?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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