AMC ENTERTAINMENT HLD. - Daily - Technical analysis published on 01/07/2022 (GMT)
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- Timeframe : Daily
- - 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 bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 27.65 USD
My targets
21.35 USD (-5.99%)
20.35 USD (-10.38%)
My analysis
The bearish trend is currently very strong for AMC ENTERTAINMENT HLD.. As long as the price remains below the resistance at 27.65 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 21.35 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 20.35 USD as an objective. Crossing it would then enable sellers to target 12.17 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7
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This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AMC ENTERTAINMENT HLD. rating is 22.71 USD. On the day, this instrument gained +1.11% and was between 22.44 USD and 24.30 USD. This implies that the price is at +1.20% from its lowest and at -6.54% from its highest.22.44
24.30
22.71
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of AMC ENTERTAINMENT HLD. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 2.04 | 12.17 | 21.35 | 22.71 | 29.84 | 45.06 | 51.69 |
| Change (%) | -91.02% | -46.41% | -5.99% | - | +31.40% | +98.41% | +127.61% |
| Change | -20.67 | -10.54 | -1.36 | - | +7.13 | +22.35 | +28.98 |
| Level | Minor | Major | Major | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.95 | 19.37 | 20.92 | 22.34 | 23.89 | 25.31 | 26.86 |
| Camarilla | 21.64 | 21.92 | 22.19 | 22.46 | 22.73 | 23.01 | 23.28 |
| Woodie | 18.01 | 19.40 | 20.98 | 22.37 | 23.95 | 25.34 | 26.92 |
| Fibonacci | 19.37 | 20.51 | 21.21 | 22.34 | 23.48 | 24.18 | 25.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.25 | 24.43 | 25.82 | 28.00 | 29.39 | 31.57 | 32.96 |
| Camarilla | 26.22 | 26.55 | 26.87 | 27.20 | 27.53 | 27.86 | 28.18 |
| Woodie | 21.85 | 24.23 | 25.42 | 27.80 | 28.99 | 31.37 | 32.56 |
| Fibonacci | 24.43 | 25.80 | 26.64 | 28.00 | 29.37 | 30.21 | 31.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.21 | 13.51 | 20.35 | 27.65 | 34.49 | 41.79 | 48.63 |
| Camarilla | 23.31 | 24.61 | 25.90 | 27.20 | 28.50 | 29.79 | 31.09 |
| Woodie | 5.99 | 13.40 | 20.13 | 27.54 | 34.27 | 41.68 | 48.41 |
| Fibonacci | 13.51 | 18.91 | 22.25 | 27.65 | 33.05 | 36.39 | 41.79 |
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): | 33.14 | |
| MACD (12,26,9): | -2.4200 | |
| Directional Movement: | -15.03 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 23.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.58 | |
| Elder Ray (13): | -2.54 | |
| Super Trend (3,10): | 30.73 | |
| Zig ZAG (10): | 22.86 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 12.04 | |
| TEMA (21): | 23.56 | |
| Williams %R (14): | -81.98 | |
| Chande Momentum Oscillator (20): | -7.45 | |
| Repulse (5,40,3): | -14.6200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.0400 | |
| Courbe Coppock: | 14.34 |
| MA7: | 25.16 | |
| MA20: | 26.55 | |
| MA50: | 32.97 | |
| MA100: | 36.87 | |
| MAexp7: | 24.57 | |
| MAexp20: | 27.14 | |
| MAexp50: | 31.19 | |
| MAexp100: | 33.45 | |
| Price / MA7: | -9.74% | |
| Price / MA20: | -14.46% | |
| Price / MA50: | -31.12% | |
| Price / MA100: | -38.41% | |
| Price / MAexp7: | -7.57% | |
| Price / MAexp20: | -16.32% | |
| Price / MAexp50: | -27.19% | |
| Price / MAexp100: | -32.11% |
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 Theatres® Continues Its Strategic Theatre Acquisitions, Announces the Acquisition and Reopening of Former Pacific Northridge Fashion Center 10 in Northridge, CA, and Former Arclight Chicago 14
- Thinking about buying stock in AMC Entertainment, Carnival Corp, BP, Powerbridge Technologies, or Abeona Therapeutics?
- AMC Theatres Sells More Than 7 Million Tickets for Showtimes Thursday Through Sunday Globally; Sets Its Post-reopening Single-day Attendance Record in The U.S. on Thursday and Sets a New Record Again on Friday and Sets a New Record Again on Saturday
- AMC Theatres Eclipses Box Office Records With SPIDER-MAN: NO WAY HOME Achieving Highest December Opening Night Ever, and Second Highest Opening Night of All Time
- Thinking about trading options or stock in Vir Biotechnology, Pfizer, Apple, Tesla, or AMC Entertainment?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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