Analyzing AMC Entertainment Holdings: Navigating the Current Uptrend and Future Prospects.
Introduction: In the past two days, AMC Entertainment Holdings' daily stock prices have shown a rebound trend within the bearish zone, indicating potential opportunities for investors. With the possibility of entering the bullish zone in the near future, a strategic assessment from a medium to long-term perspective becomes crucial.
Current Analysis: The ongoing uptrend suggests a gradual increase in peaks, showcasing both upward and corrective movements. Short-term projections indicate continued upward momentum for the next two days, followed by a potential correction starting this Friday. After a brief correction period, the stock is expected to resume its upward trajectory from the middle of next week, eventually entering the bullish zone.
Medium to Long-Term Outlook: The overall trend direction remains upward, with expectations of gradual ascent, but a more extended correction phase might occur after mid-November. The weakening buying interest could lead to prolonged corrections, eventually transitioning back to the bearish zone.
Market Dynamics: AMC's stock exhibits a 62% similarity with the broader US market, indicating a substantial influence from overall market trends. Understanding and adapting to these market dynamics are vital for making informed investment decisions.
Conclusion: As of now, AMC Entertainment Holdings presents an opportune moment for investors, with a potential upward trajectory until mid-November. However, vigilance is necessary, considering the imminent correction and the stock's sensitivity to broader market movements. Investors are advised to monitor the evolving trends closely and adjust their strategies in response to market fluctuations.
Oct 31, 2023 | |||
◆ Closed price | |||
10.68 | 7.23% |
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◆ Appropriate Investment Position: Bearish-Sell [Long-term strategy] | |||
◆ Today's stock price Buy-Sell intensity analysis | |||
The current trend appears to be 'Rebound trend'. The OPEN-price started with a suitable upward rate for the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a stronger 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 | 309% | | |
◆ Tomorrow's stock price Buy-Sell intensity Prediction | |||
Based on recent stock trends and technical analysis, it looks like AMC stock is poised for an Uptrend tomorrow | |||
The %intensity of Risk & Return tomorrow : | -4% | ||
HIGH ~ LOW % range tomorrow : | 4.6% | -3.2% | |
Predicted Average return over the next 3 days: | 14.6% | ||
The price of AMC stock moves in line with the rise and fall of the stock market index with a probability of | 62% | | |
, and conversely, it moves against the stock market index trend with a probability of | 38% | | |
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◆ 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 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. 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 in the midst of a rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward fluctuations. and The Buy-Sell intensity had a stronger buying flow than a buying flow in a bearish zone. | |||
Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish 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 | Nov 01 | | |
A good price to buy a stock: | $ 10.34 | ||
And the appropriate selling timing is predicted to be in 8 days. | | ||
The selling date is | Nov 09 | to | Nov 10 |
A good price to sell a stock: | $ 12.43 | ||
(Prediction may shift due to changes in the Buy-Sell intensity) | |||
◆ Volatility of Prediction | |||
Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile. | |||
◆ Prediction the turning point of the trend | |||
The probability of a trend reversal occurring approximately 3 days from now, 6 days from now, 8 days from now | 77% | ||
◆ Prediction of Upper~Lower price range over the next 10 days | |||
Price: | 10.47 | ~ | 12.14 |
% Change: | -2.0% | ~ | 13.7% |
Median price between the upper and lower prices | 11.30 | 5.8% | |
◆ Analysis of the trend zone & level% and average intensity of trends | |||
For the last 30 days, the average trend zone & level% | Bullish | 5% | |
The Current trend zone & level% | Bearish | -5% | |
The expected average trend zone & level% for the next 10 days | Bullish | 48% | |
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of | 66% | (Max 100%) | |
And if it moves downward, it is expected to have a downward strength of | -32% | (Min -100%) | |
◆ Prediction the intensity of the trend and the range of the HIGH ~ LOW | |||
Trend | %Intensity | HIGH | LOW |
In 1 day: Uptrend | -4% | 4.6% | -3.2% |
In 2 days: Entering a correction trend | 85% | 8.8% | 0.9% |
In 3 days: Entering a correction trend | 18% | 4.8% | -0.9% |
In 4 days: Correction trend | -39% | 0.0% | -4.6% |
In 5 days: Entering an uptrend | -37% | 0.0% | -8.0% |
In 6 days: Entering an uptrend | 82% | 5.5% | 0.3% |
In 7 days: Uptrend | 70% | 7.5% | -1.3% |
In 8 days: Entering a correction trend | 74% | 6.3% | 1.0% |
In 9 days: Correction trend | -47% | 0.2% | -7.8% |
In 10 days: Entering an uptrend | -32% | 0.4% | -3.0% |
◆ Average closing price in case of rising: | | 4.5% | |
=> HIGH ~ LOW range: | 7.2% | ~ | -1.8% |
◆ Average closing price in case of falling: | | -5.4% | |
=> HIGH ~ LOW range: | 0.4% | ~ | -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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