AMC Entertainment Holdings Daily Stock Analysis: Potential Reversal in Trend.

October 19, 2023

Overview: In the past 12 days, AMC Entertainment Holdings entered a Bullish zone, indicating a significant upward trend. However, over the last 5 days, the stock has shown signs of correction. Today, we observe a weakening selling pressure and strengthening buying momentum, suggesting a potential shift towards an upward trend. It's worth noting that given the current position near the boundary of the Bullish and Bearish zones, a temporary dip into the Bearish zone could occur during this transition phase.

Short-Term Outlook (1-2 days): The current trend suggests a likely shift towards an upward trajectory in the next 1-2 days. The buying momentum is gradually overpowering the selling pressure, indicating a potential entry into the Bullish zone during this period.

Mid-Term Outlook (Next week, early days): The strength of the upcoming upward movement in the early days of the next week will be crucial. If the upward momentum is limited or minimal, there's a higher probability of entering the Bearish zone again. While the correlation with the broader market stands at 60%, the substantial downward influence of the overall market could still constrain AMC's potential for sustained growth.

Potential Scenarios:

  1. Optimistic Scenario: If AMC experiences a robust and sustained upward movement early next week, the likelihood of re-entering the Bearish zone diminishes. This scenario would indicate a strong resistance to the broader market's negative influence.

  2. Cautious Scenario: In case AMC's upward momentum is limited or restricted, re-entry into the Bearish zone is probable. This situation could signal a shift in the overall trend towards a downtrend, especially if coupled with negative market sentiment.

Conclusion: AMC Entertainment Holdings is currently navigating a critical juncture. The stock shows signs of attempting an upward reversal, but the strength and sustainability of this movement are yet to be determined. Analysts should closely monitor the early week trading patterns to gauge the stock's resilience against the broader market pressures. A decisive and sustained upward movement would instill confidence in a bullish outlook, whereas a tepid response could pave the way for a potential downtrend. Stay vigilant and adapt strategies accordingly.

This analysis is based on the current market conditions and trends observed as of October 19, 2023. Please note that stock market conditions are subject to rapid changes, and it's essential to stay updated with real-time data and market analysis.


Oct 19, 2023

Closed price

9.36

2.18%

 

 

Appropriate Investment Position: Bullish-Buy [Long-term strategy]

Today's stock price Buy-Sell intensity analysis

The current trend appears to be 'Entering an uptrend'. The OPEN-price started with a suitable upward rate for the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a stronger LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend.

The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell.

Assuming that the average buy intensity is 100%,

Today's buy intensity is

70%

 

 

Tomorrow's stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like AMC stock will enter an Uptrend tomorrow

The %intensity of Risk & Return tomorrow :

49%

HIGH ~ LOW % range tomorrow :

4.1%

0.4%

Predicted Average return over the next 3 days:

20.0%

The price of AMC stock moves in line with the rise and fall of the stock market index with a probability of

60%

 

, and conversely, it moves against the stock market index trend with a probability of

40%

 

 

AMC stock price 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is higher, while the downward strength is moderate. Currently, it's about to begin an uptrend as a correction trend gradually transitions to small declines and strong rises. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bullish zone so far. But It is likely to change to a bearish zone within a few days. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be either today or tomorrow.

The buying date is

Oct 20

 

 

A good price to buy a stock:

$ 9.46

And the appropriate selling timing is predicted to be in 3 days.

 

The selling date is

Oct 23

to

Oct 24

A good price to sell a stock:

$ 10.85

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

Prediction the turning point of the trend

The probability of a trend reversal occurring approximately 1 day from now, 5 days from now, 8 days from now

77%

Prediction of Upper~Lower price range over the next 10 days

Price:

9.08

~

10.64

% Change:

-3.0%

~

13.6%

Median price between the upper and lower prices

9.86

5.3%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-1%

The Current trend zone & level%

Bullish

10%

The expected average trend zone & level% for the next 10 days

Bullish

19%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

73%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-36%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering an uptrend

49%

4.1%

0.4%

In 2 days: Uptrend

100%

8.9%

0.6%

In 3 days: Entering a correction trend

86%

6.7%

0.0%

In 4 days: Entering a correction trend

-48%

-0.4%

-10.4%

In 5 days: Entering a correction trend

-37%

0.5%

-3.8%

In 6 days: Correction trend

-43%

0.0%

-6.1%

In 7 days: Correction trend

-17%

1.6%

-6.8%

In 8 days: Entering an uptrend

4%

2.0%

-2.3%

In 9 days: Uptrend

100%

9.3%

1.1%

In 10 days: Uptrend

96%

7.7%

0.7%

Average closing price in case of rising:

 

4.9%

=> HIGH ~ LOW range:

7.4%

~

-1.8%

Average closing price in case of falling:

 

-5.3%

=> HIGH ~ LOW range:

0.5%

~

-7.5%

The 10-day prediction and technical analysis of AMC stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.


 

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