Question 1

What implications does the 10-day RSI indicator have for CNK?

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

What does the Stochastic Oscillator suggest about CNK's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

What does MACD indicator imply for CNK?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CNK just turned positive on July 30, 2024. Looking at past instances where CNK's MACD turned positive, the stock continued to rise in 32 of 42 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What does a 3-day price advance indicate for CNK?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CNK advanced for three days, in 206 of 273 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.

Question 5

What does a 3-day decline signify for CNK's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNK declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.

Question 6

What does CNK breaking above its upper Bollinger Band indicate?

Accepted Answer

CNK broke above its upper Bollinger Band on August 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 7

How does the Aroon Indicator reflect on CNK's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 186 of 232 cases where CNK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CNK Stock Cinemark Holdings (CNK, $17.42) entered a monthly bullish trend. Expect an Uptrend continuation

CNK in +3.58% Uptrend, rising for three consecutive days on August 12, 2024

General Information