Londinia Opportunities Analyses - 06/17/2021 (GMT) AMC ENTERTAINMENT HLD. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	AMC
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 60.11 USD

My targets

62.55 USD (+2.63%)

70.82 USD (+16.19%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMC ENTERTAINMENT HLD. as long as the price remains well above 60.11 USD. The buyers' bullish objective is set at 62.55 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 70.82 USD. If there is any crossing, the next objective would be the resistance located at 72.62 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

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Additional analysis

Quotes

The AMC ENTERTAINMENT HLD. price is 60.95 USD. On the day, this instrument gained +10.46% and was traded between 52.98 USD and 63.25 USD over the period. The price is currently at +15.04% from its lowest and -3.64% from its highest.

52.98

63.25

60.95

Here is a more detailed summary of the historical variations registered by AMC ENTERTAINMENT HLD.:

Abnormal volumes on AMC ENTERTAINMENT HLD. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of AMC ENTERTAINMENT HLD. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

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 this result:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	21.35	42.81	55.05	60.95	62.55	72.62
Change (%)	-64.97%	-29.76%	-9.68%	-	+2.63%	+19.15%
Change	-39.60	-18.14	-5.90	-	+1.60	+11.67
Level	Major	Major	Intermediate	-	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	46.77	49.31	52.25	54.79	57.73	60.27	63.21
Camarilla	53.67	54.18	54.68	55.18	55.68	56.19	56.69
Woodie	46.96	49.41	52.44	54.89	57.92	60.37	63.40
Fibonacci	49.31	51.41	52.70	54.79	56.89	58.18	60.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.29	29.00	39.20	49.91	60.11	70.82	81.02
Camarilla	43.65	45.57	47.48	49.40	51.32	53.23	55.15
Woodie	18.04	28.87	38.95	49.78	59.86	70.69	80.77
Fibonacci	29.00	36.99	41.92	49.91	57.90	62.83	70.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-16.66	-3.87	11.13	23.92	38.92	51.71	66.71
Camarilla	18.48	21.03	23.57	26.12	28.67	31.22	33.76
Woodie	-15.57	-3.32	12.23	24.47	40.02	52.26	67.81
Fibonacci	-3.87	6.75	13.31	23.92	34.54	41.10	51.71

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):	62.30
MACD (12,26,9):	1.3600
Directional Movement:	15.57
AROON (14):	50.00
DEMA (21):	57.70
Parabolic SAR (0,02-0,02-0,2):	52.09
Elder Ray (13):	2.42
Super Trend (3,10):	51.73
Zig ZAG (10):	59.87
VORTEX (21):	1.0500
Stochastique (14,3,5):	68.56
TEMA (21):	57.34
Williams %R (14):	-39.01
Chande Momentum Oscillator (20):	-0.89
Repulse (5,40,3):	1.6500
ROCnROLL:	1
TRIX (15,9):	0.2800
Courbe Coppock:	8.74

MA7:	53.22
MA20:	40.18
MA50:	22.31
MA100:	15.84
MAexp7:	57.54
MAexp20:	56.83
MAexp50:	53.85
MAexp100:	47.43
Price / MA7:	+14.52%
Price / MA20:	+51.69%
Price / MA50:	+173.20%
Price / MA100:	+284.79%
Price / MAexp7:	+5.93%
Price / MAexp20:	+7.25%
Price / MAexp50:	+13.18%
Price / MAexp100:	+28.51%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on AMC ENTERTAINMENT HLD. at the time of the generation of this analysis was as follows: