What is the current technical analysis of AMC's stock?
7/28/2025 06:13am
The current technical analysis of AMC's stock (AMC Entertainment Holdings) suggests a mixed signal. Here's a detailed assessment:
1. **Price Trend**: The closing price of AMC on July 25, 2025, was $3.25, which is below the resistance level of $3.6 and above the support level of $3.11. This indicates a narrow trading range, reflecting a consolidation phase.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|AMC|AMC.N|AMC Entertainment Holdings|20250724|3.1100|3.5950|169|
2. **Moving Averages**: The stock is trading below its 5-day, 10-day, and 20-day moving averages, which are $3.4, $3.36, and $3.17, respectively. This typically suggests a bearish trend in the short term. However, it is trading above its 30-day, 50-day, and 60-day moving averages of $3.13, $3.18, and $3.1, which could indicate a potential reversal or a bounce back.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|AMC|AMC.N|AMC Entertainment Holdings|20250724|3.4620|169|
3. **MACD and RSI**: The MACD (Moving Average Convergence Divergence) is 0.04, and the RSI (Relative Strength Index) is 43.08. These indicators suggest that the stock is neither overbought nor oversold and that the momentum is currently neutral.
|code|Ticker|Name|Date|bollinger lower band|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|AMC|AMC.N|AMC Entertainment Holdings|20250724|2.6753|52.7216|63.0629|0.0781|169|
4. **Bollinger Bands**: The stock is trading close to the mid-point of the Bollinger Bands, which is $3.17. This can be seen as a consolidation zone where the stock is likely to find support.
5. **Analyst Ratings**: The analyst consensus for AMC has an average 12-month price target of $3.12, with a slight downside potential. This suggests that analysts do not see significant upside potential in the short term.
In conclusion, while there are some positive technical indicators (e.g., trading above certain moving averages), the overall picture for AMC's stock is currently neutral to slightly bearish. Investors should consider these technical indicators along with fundamental factors and market conditions before making investment decisions.