RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CNK
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Cinemark Holdings Inc stock price ended at $18.07 on Wednesday, after gaining 2.73%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 27, 2024 Gain 7.50% PDF

The Cinemark Holdings Inc stock price gained 2.73% on the last trading day (Wednesday, 27th Mar 2024), rising from $17.59 to $18.07. During the last trading day the stock fluctuated 2.50% from a day low at $17.63 to a day high of $18.07. The price has fallen in 8 of the last 10 days and is down by -4.24% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 74 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $28.45 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 39.64% during the next 3 months and, with a 90% probability hold a price between $24.09 and $27.64 at the end of this 3-month period.

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CNK Signals & Forecast

The Cinemark Holdings Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $17.87 and $17.01. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -4.24%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Friday, February 02, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, February 02, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Cinemark Holdings Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $16.55 and $13.94. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Cinemark Holdings Inc finds support just below today's level at $16.55. If this is broken, then the next support from accumulated volume will be at $13.94 and $13.93.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.440 between high and low, or 2.50%. For the last week, the stock has had daily average volatility of 2.45%.

Our recommended stop-loss: $17.21 (-4.75%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (CNK) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Cinemark Holdings Inc to open at $17.92, and during the day (based on 14 day Average True Range), to move between $17.51 and $18.63, which gives a possible trading interval of +/-$0.560 (+/-3.10%) up or down from last closing price. If Cinemark Holdings Inc takes out the full calculated possible swing range there will be an estimated 6.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $18.13 (0.33%) than the support at $16.55 (8.41%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Cinemark Holdings Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cinemark Holdings Inc stock to perform well in the short-term.

Current score: 2.933 Buy Candidate Unchanged

Predicted Opening Price for Cinemark Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$17.92 ( 0.81%) $18.07

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CNK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 18.36 1.62 %
R2 18.20 0.693 %
R1 18.09 0.119 %
Current price: 18.07
Support S1 17.76 -1.74 %
S2 17.65 -2.32 %
S3 17.48 -3.25 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.87 4.43 %
R2 18.85 4.32 %
R1 18.13 0.332 %
Current price 18.07
Support S1 16.55 -8.41%
S2 13.94 -22.86%
S3 13.93 -22.91%

CNK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2020 Mar 05, 2020 Mar 20, 2020 $0.360 3.15%
2 Nov 21, 2019 Dec 03, 2019 Dec 18, 2019 $0.340 0.96%
3 Aug 15, 2019 Sep 03, 2019 Sep 18, 2019 $0.340 0.88%
4 May 23, 2019 Jun 07, 2019 Jun 24, 2019 $0.340 0.94%
5 Feb 22, 2019 Mar 07, 2019 Mar 22, 2019 $0.340 0.85%

FAQ

What is the symbol for Cinemark Holdings Inc Stock and on which exchange is it traded?
The symbol for Cinemark Holdings Inc is CNK and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Cinemark Holdings Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cinemark Holdings Inc stock to perform well in the short-term.

How to buy Cinemark Holdings Inc Stock?
Cinemark Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cinemark Holdings Inc Stock.

What's the current price of Cinemark Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an Cinemark Holdings Inc (CNK) share was $18.07.

What is the 52-week high and low for Cinemark Holdings Inc Stock?
The 52-week high for Cinemark Holdings Inc Stock is $19.85 and the 52-week low is $13.19.

What is the market capitalization of Cinemark Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of Cinemark Holdings Inc is 2.197B.

When is the next earnings date for Cinemark Holdings Inc?
The upcoming earnings date for Cinemark Holdings Inc is May 03, 2024.
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About Cinemark Holdings Inc

Cinemark Holdings Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of June 30, 2022, it operated 522 theatres with 5,868 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.... CNK Profile

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