Londinia Opportunities Analyses - 01/27/2023 (GMT) CINEMARK HLD. - 1H

CINEMARK HLD.
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: CNK
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 11.40 USD
My targets
12.03 USD (+3.53%)
12.29 USD (+5.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CINEMARK HLD. as long as the price remains well above 11.40 USD. The buyers' bullish objective is set at 12.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.29 USD. If there is any crossing, the next objective would be the resistance located at 14.15 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
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The CINEMARK HLD. price is 11.62 USD. The price registered an increase of +1.31% on the session with the lowest point at 11.08 USD and the highest point at 11.64 USD. The deviation from the price is +4.87% for the low point and -0.17% for the high point.

11.08
11.64
11.62

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CINEMARK HLD. chart shows a strongly bullish trend. 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 detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.33 10.73 11.40 11.62 12.03 14.15 17.24
Change (%) -11.10% -7.66% -1.89% - +3.53% +21.77% +48.36%
Change -1.29 -0.89 -0.22 - +0.41 +2.53 +5.62
Level Minor Minor Minor - Intermediate Major 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
Standard10.9011.1511.3111.5611.7211.9712.13
Camarilla11.3611.4011.4311.4711.5111.5511.58
Woodie10.8611.1311.2711.5411.6811.9512.09
Fibonacci11.1511.3111.4011.5611.7211.8111.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.629.9710.5110.8611.4011.7512.29
Camarilla10.8010.8810.9611.0411.1211.2011.29
Woodie9.7110.0210.6010.9111.4911.8012.38
Fibonacci9.9710.3110.5210.8611.2011.4111.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.244.266.4610.4812.6816.7018.90
Camarilla6.957.528.098.669.239.8010.37
Woodie-0.673.815.5510.0311.7716.2517.99
Fibonacci4.266.648.1010.4812.8614.3216.70

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): 58.28
MACD (12,26,9): 0.0700
Directional Movement: 6.65
AROON (14): -57.15
DEMA (21): 11.55
Parabolic SAR (0,02-0,02-0,2): 11.67
Elder Ray (13): 0.10
Super Trend (3,10): 11.74
Zig ZAG (10): 11.60
VORTEX (21): 1.0000
Stochastique (14,3,5): 70.32
TEMA (21): 11.49
Williams %R (14): -26.71
Chande Momentum Oscillator (20): 0.10
Repulse (5,40,3): 1.7400
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 0.07
MA7: 11.31
MA20: 10.09
MA50: 11.14
MA100: 11.43
MAexp7: 11.51
MAexp20: 11.45
MAexp50: 11.20
MAexp100: 10.79
Price / MA7: +2.74%
Price / MA20: +15.16%
Price / MA50: +4.31%
Price / MA100: +1.66%
Price / MAexp7: +0.96%
Price / MAexp20: +1.48%
Price / MAexp50: +3.75%
Price / MAexp100: +7.69%

Quotes : - 15 min delayed data - Actions NYSE