| AMC latest price $40.3100 (-8.3%) ($40.0700 - $44.7800) on Thu. Aug. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 15.18% (three month average) |
RSI | 66 |
Latest Price | $40.3100(-8.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AMC advances 3.3% a day on average for past five trading days. |
Weekly Trend | AMC advances 11.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support AMC advance at 0% a week (0% probability) IBUY(57%) ARKK(54%) IPO(54%) SKYY(52%) IWO(51%) |
Factors Impacting AMC price | AMC will decline at least -7.59% in a week (0% probabilities). VIXM(-36%) VXX(-26%) UUP(-17%) GLD(-6%) TLT(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -7.59% (StdDev 15.18%) |
Hourly BBV | -1.1 () |
Intraday Trend | -5.7% |
| |
|
|