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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 NCMI
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Red day on Wednesday for National CineMedia stock after losing 0.644%
(Updated on Apr 24, 2024)

Sell candidate since Apr 15, 2024 PDF

The National CineMedia stock price fell by -0.644% on the last day (Wednesday, 24th Apr 2024) from $4.66 to $4.63. During the last trading day the stock fluctuated 3.84% from a day low at $4.56 to a day high of $4.73. The price has fallen in 6 of the last 10 days and is down by -6.46% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -311 thousand shares and in total, 428 thousand shares were bought and sold for approximately $1.98 million.

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 $4.46 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 25.61% during the next 3 months and, with a 90% probability hold a price between $5.61 and $7.62 at the end of this 3-month period.

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NCMI Signals & Forecast

There are mixed signals in the stock today. The National CineMedia stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $4.78. On a fall, the stock will find some support from the short-term average at $4.54. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -17.76%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for National CineMedia stock

On the downside, the stock finds support just below today's level from accumulated volume at $4.08 and $4.05. 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, National CineMedia finds support just below today's level at $4.08. If this is broken, then the next support from accumulated volume will be at $4.05 and $3.92.

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 $0.175 between high and low, or 3.84%. For the last week, the stock has had daily average volatility of 4.22%.

National CineMedia is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Trading Expectations (NCMI) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect National CineMedia to open at $4.64, and during the day (based on 14 day Average True Range), to move between $4.38 and $4.88, which gives a possible trading interval of +/-$0.245 (+/-5.30%) up or down from last closing price. If National CineMedia takes out the full calculated possible swing range there will be an estimated 10.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.95 (6.91%) than the support at $4.08 (11.88%), 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 National CineMedia stock A Buy?

National CineMedia holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.392 Sell Candidate Unchanged

Predicted Opening Price for National CineMedia of Thursday, April 25, 2024

Fair opening price April 25, 2024 Current price
$4.64 ( 0.180%) $4.63

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

Trading levels for NCMI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.81 3.96 %
R2 4.75 2.52 %
R1 4.71 1.62 %
Current price: 4.63
Support S1 4.57 -1.26 %
S2 4.53 -2.16 %
S3 4.46 -3.60 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.21 12.53 %
R2 5.06 9.29 %
R1 4.95 6.91 %
Current price 4.63
Support S1 4.08 -11.88%
S2 4.05 -12.53%
S3 3.92 -15.33%

NCMI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 08, 2022 Aug 19, 2022 Sep 06, 2022 $0.0300 0.275%
2 May 09, 2022 May 20, 2022 Jun 07, 2022 $0.0300 0.226%
3 Mar 03, 2022 Mar 16, 2022 Mar 31, 2022 $0.0500 0.197%
4 Nov 08, 2021 Nov 19, 2021 Dec 07, 2021 $0.0500 0.189%
5 Aug 09, 2021 Aug 20, 2021 Sep 06, 2021 $0.0500 0.203%

FAQ

What is the symbol for National CineMedia Stock and on which exchange is it traded?
The symbol for National CineMedia is NCMI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell National CineMedia Stock?
National CineMedia holds several negative signals and we believe that 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 National CineMedia Stock?
National CineMedia Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy National CineMedia Stock.

What's the current price of National CineMedia Stock?
As of the end of day on the Apr 24, 2024, the price of an National CineMedia (NCMI) share was $4.63.

What is the 52-week high and low for National CineMedia Stock?
The 52-week high for National CineMedia Stock is $5.75 and the 52-week low is $1.80.

What is the market capitalization of National CineMedia Stock?
As of the Apr 24, 2024, the market capitalization of National CineMedia is 449.223M.

When is the next earnings date for National CineMedia?
The upcoming earnings date for National CineMedia is May 14, 2024.
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About National CineMedia

National CineMedia National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment pre-show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms o... NCMI Profile

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