| AMC latest price $38.7900 (4.64%) ($36.6310 - $38.8000) on Tue. Nov. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.4% (three month average) |
RSI | 53 |
Latest Price | $38.7900(4.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AMC advances 1.5% a day on average for past five trading days. |
Weekly Trend | AMC declines -5.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support AMC advance at 0% a week (0% probability) IBUY(58%) ARKK(56%) IPO(55%) SKYY(53%) IWO(52%) |
Factors Impacting AMC price | AMC will decline at least -2.7% in a week (0% probabilities). VIXM(-38%) VXX(-25%) UUP(-17%) GLD(-7%) USO(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.7% (StdDev 5.4%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.2% |
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