NATIONAL CINEMEDIA INC. - Daily - Technical analysis published on 09/05/2019 (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
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 7.93 USD
My targets
8.82 USD (+5.25%)
10.69 USD (+27.57%)
My analysis
NATIONAL CINEMEDIA INC. 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 7.93 USD. The next resistance located at 8.82 USD is the next bullish objective 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 10.69 USD. After this resistance, buyers could then target 12.44 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NATIONAL CINEMEDIA INC. rating is 8.38 USD. The price registered an increase of +0.48% on the session with the lowest point at 8.31 USD and the highest point at 8.54 USD. The deviation from the price is +0.84% for the low point and -1.87% for the high point.8.31
8.54
8.38
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
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 Daily chart of NATIONAL CINEMEDIA INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% 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.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.25 | 7.76 | 7.93 | 8.38 | 8.82 | 10.69 | 12.44 |
| Change (%) | -13.48% | -7.40% | -5.37% | - | +5.25% | +27.57% | +48.45% |
| Change | -1.13 | -0.62 | -0.45 | - | +0.44 | +2.31 | +4.06 |
| Level | Major | Intermediate | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.84 | 7.97 | 8.15 | 8.28 | 8.46 | 8.59 | 8.77 |
| Camarilla | 8.26 | 8.28 | 8.31 | 8.34 | 8.37 | 8.40 | 8.43 |
| Woodie | 7.88 | 7.98 | 8.19 | 8.29 | 8.50 | 8.60 | 8.81 |
| Fibonacci | 7.97 | 8.09 | 8.16 | 8.28 | 8.40 | 8.47 | 8.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.90 | 7.18 | 7.69 | 7.96 | 8.47 | 8.74 | 9.25 |
| Camarilla | 7.99 | 8.06 | 8.13 | 8.20 | 8.27 | 8.34 | 8.42 |
| Woodie | 7.03 | 7.24 | 7.81 | 8.02 | 8.59 | 8.80 | 9.38 |
| Fibonacci | 7.18 | 7.48 | 7.66 | 7.96 | 8.26 | 8.44 | 8.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.23 | 5.83 | 7.02 | 7.62 | 8.81 | 9.41 | 10.60 |
| Camarilla | 7.71 | 7.87 | 8.04 | 8.20 | 8.36 | 8.53 | 8.69 |
| Woodie | 5.52 | 5.98 | 7.31 | 7.77 | 9.10 | 9.56 | 10.89 |
| Fibonacci | 5.83 | 6.52 | 6.94 | 7.62 | 8.31 | 8.73 | 9.41 |
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): | 75.45 | |
| MACD (12,26,9): | 0.3500 | |
| Directional Movement: | 28.42 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 7.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.27 | |
| Elder Ray (13): | 0.65 | |
| Super Trend (3,10): | 7.63 | |
| Zig ZAG (10): | 8.38 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 95.83 | |
| TEMA (21): | 8.23 | |
| Williams %R (14): | -7.77 | |
| Chande Momentum Oscillator (20): | 1.69 | |
| Repulse (5,40,3): | 3.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4300 | |
| Courbe Coppock: | 33.69 |
| MA7: | 8.09 | |
| MA20: | 7.38 | |
| MA50: | 7.08 | |
| MA100: | 7.05 | |
| MAexp7: | 8.06 | |
| MAexp20: | 7.58 | |
| MAexp50: | 7.24 | |
| MAexp100: | 7.15 | |
| Price / MA7: | +3.58% | |
| Price / MA20: | +13.55% | |
| Price / MA50: | +18.36% | |
| Price / MA100: | +18.87% | |
| Price / MAexp7: | +3.97% | |
| Price / MAexp20: | +10.55% | |
| Price / MAexp50: | +15.75% | |
| Price / MAexp100: | +17.20% |
News
Don"t forget to follow the news on NATIONAL CINEMEDIA INC.. At the time of publication of this analysis, the latest news was as follows:
- National CineMedia, Inc. Reports Results for Fiscal Fourth Quarter and Full Year 2018
- National CineMedia (NCM) and Marcus Theatres® Forge Affiliate Partnership for Movie Tavern by Marcus Theatres
- National CineMedia, Inc. Announces Fourth Quarter and Full Year 2018 Earnings Release Date and Conference Call
- SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating National CineMedia, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
- National CineMedia, Inc. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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