AMC ENTERTAINMENT HLD. - Daily - Technical analysis published on 03/18/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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
33%
44%
22%
My opinion
Bearish under 15.35 USD
My targets
13.35 USD (-12.13%)
12.17 USD (-19.88%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AMC ENTERTAINMENT HLD. as long as the price remains well below 15.35 USD. The sellers' bearish objective is set at 13.35 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12.17 USD. In case of crossing, the next objective would be the support located at 2.04 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AMC ENTERTAINMENT HLD. rating 15.19 USD. The price registered a decrease of -0.26% on the session with the lowest point at 14.86 USD and the highest point at 15.61 USD. The deviation from the price is +2.22% for the low point and -2.69% for the high point.14.86
15.61
15.19
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this AMC ENTERTAINMENT HLD. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
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
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 2.04 | 12.17 | 15.19 | 21.35 | 29.84 | 45.06 |
Change (%) | -86.57% | -19.88% | - | +40.55% | +96.45% | +196.64% |
Change | -13.15 | -3.02 | - | +6.16 | +14.65 | +29.87 |
Level | Minor | Major | - | Major | Intermediate | 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 | 14.08 | 14.47 | 14.83 | 15.22 | 15.58 | 15.97 | 16.33 |
Camarilla | 14.98 | 15.05 | 15.12 | 15.19 | 15.26 | 15.33 | 15.40 |
Woodie | 14.07 | 14.46 | 14.82 | 15.21 | 15.57 | 15.96 | 16.32 |
Fibonacci | 14.47 | 14.76 | 14.93 | 15.22 | 15.51 | 15.68 | 15.97 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 10.52 | 12.39 | 13.35 | 15.22 | 16.18 | 18.05 | 19.01 |
Camarilla | 13.52 | 13.78 | 14.04 | 14.30 | 14.56 | 14.82 | 15.08 |
Woodie | 10.06 | 12.16 | 12.89 | 14.99 | 15.72 | 17.82 | 18.55 |
Fibonacci | 12.39 | 13.47 | 14.14 | 15.22 | 16.30 | 16.97 | 18.05 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 9.04 | 11.85 | 15.35 | 18.16 | 21.66 | 24.47 | 27.97 |
Camarilla | 17.13 | 17.70 | 18.28 | 18.86 | 19.44 | 20.02 | 20.60 |
Woodie | 9.40 | 12.02 | 15.71 | 18.33 | 22.02 | 24.64 | 28.33 |
Fibonacci | 11.85 | 14.26 | 15.75 | 18.16 | 20.57 | 22.06 | 24.47 |
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): | 42.58 | |
MACD (12,26,9): | -1.0600 | |
Directional Movement: | -10.28 | |
AROON (14): | -64.28 | |
DEMA (21): | 14.72 | |
Parabolic SAR (0,02-0,02-0,2): | 15.69 | |
Elder Ray (13): | -0.37 | |
Super Trend (3,10): | 18.20 | |
Zig ZAG (10): | 15.19 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 31.65 | |
TEMA (21): | 14.91 | |
Williams %R (14): | -64.93 | |
Chande Momentum Oscillator (20): | -3.13 | |
Repulse (5,40,3): | 4.6900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.6900 | |
Courbe Coppock: | 32.29 |
MA7: | 14.83 | |
MA20: | 16.46 | |
MA50: | 17.63 | |
MA100: | 25.70 | |
MAexp7: | 15.08 | |
MAexp20: | 16.12 | |
MAexp50: | 18.92 | |
MAexp100: | 23.28 | |
Price / MA7: | +2.43% | |
Price / MA20: | -7.72% | |
Price / MA50: | -13.84% | |
Price / MA100: | -40.89% | |
Price / MAexp7: | +0.73% | |
Price / MAexp20: | -5.77% | |
Price / MAexp50: | -19.71% | |
Price / MAexp100: | -34.75% |
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 Holdings Inc. Announces Significant Investment, Buying 22% of Hycroft Mining Holding Corporation
- Hycroft Mining Announces $56 Million Equity Investment From Renowned Precious Metals Investor Eric Sprott and AMC Entertainment
- AMC Theatres Enjoys Its Third-Highest Attended Weekend in Two Years With More Than 4 Million Tickets Sold Globally From Thursday Through Sunday, Based on the Strength of the Successful Opening Weekend of Warner Bros.’ THE BATMAN
- AMC Entertainment Holdings, Inc. Reports Fourth Quarter and Year End 2021 Results
- AMC Entertainment Promotes Dan Ellis to EVP, Chief Operations & Development Officer, and Selects Eliot Hamlisch as EVP, Chief Marketing Officer, Following the Retirement of Two Executives in a Long-planned Succession in AMC’s Executive Team
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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