AMC Entertainment Holdings Inc stock price ended on $37.25 on Monday after gaining 0.16%

The AMC Entertainment Holdings Inc stock price gained 0.16% on the last trading day (Monday, 11th Oct 2021), rising from $37.19 to $37.25. During the day the stock fluctuated 6.51% from a day low at $36.30 to a day high of $38.66. The price has risen in 5 of the last 10 days, but is still down by -5.22% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 million more shares were traded than the day before. In total, 37 million shares were bought and sold for approximately $1.38 billion.

On Sep 01, 2021 "Macquarie" gave "" rating for AMC. The price target was set to $47.13+8.8%.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $33.72 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 10.99% during the next 3 months and, with a 90% probability hold a price between $37.43 and $59.20 at the end of this 3-month period.

A buy signal was issued from a pivot bottom point on Monday, October 04, 2021, and so far it has risen 1.31%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AMC Entertainment Holdings Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $37.39 and $42.03. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

AMC Entertainment Holdings Inc finds support from accumulated volume at $36.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.36 between high and low, or 6.51%. For the last week, the stock has had a daily average volatility of 5.48%.

AMC Entertainment Holdings Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.