AMC Entertainment Technical Analysis (NYSE:AMC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The AMC stock chart pattern can give those who understand technical analysis an indication of which way AMC stock is headed, but cannot predict with 100% certainty as to what can happen to the AMC Entertainment stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for AMC Entertainment. Technical analysis uses an approach for AMC Entertainment stock analysis that does not care for the fair value of a company but uses price and volume data only.
AMC Entertainment Moving Average
Moving averages help predict the price direction of AMC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $19.52 is below the price of $20.65.
AMC Entertainment Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AMC stock. The stock price is trading between the average and the upper band in the context of AMC Entertainment bollinger bands.
AMC Entertainment Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The AMC Entertainment MACD indicator can be used to identify bullish and bearish trends for the stock.
AMC Entertainment Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of AMC stock is 80.36.