RSI low/high Values: [ 20 - 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 AMC
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Is AMC Entertainment stock still a buy after falling -14.29% on Thursday?
(Updated on Mar 28, 2024)

Sell candidate since Mar 18, 2024 Loss -15.26% PDF

The AMC Entertainment stock price fell by -14.29% on the last day (Thursday, 28th Mar 2024) from $4.34 to $3.72. During the last trading day the stock fluctuated 8.49% from a day low at $3.65 to a day high of $3.96. The price has fallen in 7 of the last 10 days and is down by -12.88% for this period. Volume has increased on the last day by 31 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 44 million shares were bought and sold for approximately $162.91 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -13.93% during the next 3 months and, with a 90% probability hold a price between $2.76 and $4.07 at the end of this 3-month period.

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AMC Signals & Forecast

There are few to no technical positive signals at the moment. The AMC Entertainment 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 $4.11 and $4.41. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, February 28, 2024, and so far it has fallen -25.45%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for AMC Entertainment stock

AMC Entertainment finds support from accumulated volume at $3.67 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.310 between high and low, or 8.49%. For the last week, the stock has had daily average volatility of 5.78%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (AMC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect AMC Entertainment Holdings Inc to open at $3.78, and during the day (based on 14 day Average True Range), to move between $3.43 and $4.01, which gives a possible trading interval of +/-$0.288 (+/-7.73%) up or down from last closing price. If AMC Entertainment Holdings Inc takes out the full calculated possible swing range there will be an estimated 15.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $3.67 (1.34%) than the resistance at $4.07 (9.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AMC Entertainment Holdings Inc stock A Buy?

AMC Entertainment holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.801 Sell Candidate Unchanged

Predicted Opening Price for AMC Entertainment Holdings Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.78 ( 1.52%) $3.72

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

Trading levels for AMC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.09 9.86 %
R2 3.97 6.67 %
R1 3.90 4.71 %
Current price: 3.72
Support S1 3.66 -1.66 %
S2 3.59 -3.63 %
S3 3.47 -6.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.56 22.58 %
R2 4.32 16.13 %
R1 4.07 9.41 %
Current price 3.72
Support S1 3.67 -1.34%
S2 0 .
S3 0 .

AMC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 27, 2020 Mar 06, 2020 Mar 23, 2020 $0.0300 0.0952%
2 Oct 25, 2019 Nov 29, 2019 Dec 16, 2019 $0.200 0.240%
3 Aug 05, 2019 Sep 06, 2019 Sep 23, 2019 $0.200 0.187%
4 May 06, 2019 Jun 07, 2019 Jun 24, 2019 $0.200 0.200%
5 Feb 19, 2019 Mar 08, 2019 Mar 25, 2019 $0.200 0.131%

FAQ

What is the symbol for AMC Entertainment Stock and on which exchange is it traded?
The symbol for AMC Entertainment is AMC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell AMC Entertainment Stock?
AMC Entertainment holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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

What's the current price of AMC Entertainment Stock?
As of the end of day on the 2024-03-28, the price of an AMC Entertainment (AMC) share was $3.72.

What is the 52-week high and low for AMC Entertainment Stock?
The 52-week high for AMC Entertainment Stock is $62.30 and the 52-week low is $3.59.

What is the market capitalization of AMC Entertainment Stock?
As of the 2024-03-28, the market capitalization of AMC Entertainment is 979.394M.

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

AMC Entertainment AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.... AMC Profile

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