AMC Entertainment is neutral

Our pivot point is at 4.67.

Our preference

Look for a drop towards 4.67 before a bounce.

Alternative scenario

Below 4.67, expect 4.2 and 3.92.

Comment

The RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the stock is above its 20 and 50 day moving average (respectively at 5.044 and 5.0468).

Supports and resistances

6.7 **

6.42 *

6.12 **

5.83

5.05 (USD-last)

4.85

4.67 **

4.2 *

3.92 **

Number of asterisks represents the strength of support and resistance levels.