CNK NEWS why is Cinemark Holdings Inc price falling or rising

CNK NEWS reasons for why stock price of Cinemark Holdings Inc is falling or rising

CNK Cinemark Holdings is falling or rising technical reasons

Technical analysis forecast for Cinemark Holdings Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cinemark Holdings CNK at this time. Stock is falling and might fall more.

It appears as if Cinemark Holdings CNK gave a large move recently.

Stock of Cinemark Holdings (CNK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Cinemark Holdings is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cinemark Holdings stays below 30.9, but if it comes above 30.9, then a intra day buy could be more profitable.
If you take a sell trade below 30.9, then use 30.9 as stoploss and 29.2 as target. However if you take a buy trade in Cinemark Holdings, then use 30.9 as stoploss and 32.25 as target.

CNK Cinemark Holdings is falling or rising NEWS fundamental reasons

More announcements and NEWS

CNK Cinemark Holdings Inc current price & indicator signals

Moving Averages for Cinemark Holdings Inc

  • 5Day Average: 31.37
  • 12Day Average: 32.76
  • 20Day Average: 32.95
  • 50Day Average: 31.06
  • 100Day Average: 29.16
  • 150Day Average: 26.05
  • 200Day Average: 24.04

CNK Indicators & signals

Indicator MACD (12,26,9)

32.13, 32.13, 0.48
Indicator MACD is in positive zone

Indicator ADX (14)

16.98, 18.97, 26.72
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CNK Cinemark Holdings Inc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Fri Dec 2024 30.83 30.51 to 31.59 -1.72% 1.55 times
19 Thu Dec 2024 31.37 31.11 to 32.06 1.46% 1.03 times
18 Wed Dec 2024 30.92 30.91 to 32.23 -2.03% 1.44 times
17 Tue Dec 2024 31.56 31.08 to 31.89 -1.9% 0.94 times
16 Mon Dec 2024 32.17 31.66 to 32.47 0.03% 1.16 times
13 Fri Dec 2024 32.16 32.13 to 33.13 -2.63% 0.87 times
12 Thu Dec 2024 33.03 32.78 to 33.68 0% 0.92 times
11 Wed Dec 2024 33.03 32.74 to 33.90 -1.73% 0.9 times
10 Tue Dec 2024 33.61 33.12 to 34.20 0.9% 1.2 times
09 Mon Dec 2024 33.31 33.20 to 34.80 -6.83% 1.51 times
05 Thu Dec 2024 35.75 35.56 to 35.83 1.22% 0.03 times
04 Wed Dec 2024 35.32 35.14 to 35.56 -1.48% 0.04 times

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