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May 09, 2023

Advancements in AI Trading: 7.17% Profit for AMC

AMC Entertainment Holdings, Inc. (AMC) is a popular stock that has been garnering attention from investors due to its volatile nature. Recently, an AI trading robot from Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) has been performing well in Tickeron's robot factory, generating 7.17% for AMC over a week. However, as a technical analyst, it is important to examine both the short-term and long-term trends of the stock, along with the recent earnings report.

On May 04, 2023, AMC broke above its upper Bollinger Band, which could be an indication that the stock is set to drop. Typically, when a stock breaks above its upper Bollinger Band, it is considered overbought and may be due for a correction. In this case, the A.I.dvisor looked at 43 similar instances where the stock broke above the upper band and found that in 37 of those cases, the stock fell afterwards, putting the odds of success at 86%. As such, investors may want to consider selling the stock or exploring put options to protect against a potential decline.

It is also important to examine the recent earnings report of AMC. On May 05, the company reported earnings per share of -12 cents, which beat the estimate of -15 cents. With 3.66M shares outstanding, the current market capitalization sits at 4.61B. While the earnings report may provide some short-term relief for the stock, it is important to note that AMC has been struggling financially due to the pandemic's impact on the movie theater industry. As such, investors should consider the company's long-term prospects and not solely focus on the recent earnings report.

The recent performance of the AI trading robot from Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) is impressive, but as a technical analyst, it is important to look at both short-term and long-term trends of the stock. With AMC breaking above its upper Bollinger Band and the company's struggles in the movie theater industry, investors should exercise caution when investing in this stock.

Related Ticker: AMC

AMC sees its Stochastic Oscillator ascending out of oversold territory

On September 29, 2023, the Stochastic Oscillator for AMC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 63 instances where the indicator left the oversold zone. In of the 63 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AMC's RSI Indicator exited the oversold zone, of 45 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AMC just turned positive on September 14, 2023. Looking at past instances where AMC's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMC advanced for three days, in of 255 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 03, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AMC as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

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

The Aroon Indicator for AMC entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (4.611). P/E Ratio (0.000) is within average values for comparable stocks, (77.399). AMC's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.724). Dividend Yield (0.000) settles around the average of (0.061) among similar stocks. P/S Ratio (0.272) is also within normal values, averaging (111.297).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. AMC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AMC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

Notable companies

The most notable companies in this group are Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Roku (NASDAQ:ROKU), Paramount Global (NASDAQ:PARA), iQIYI (NASDAQ:IQ), AMC Entertainment Holdings (NYSE:AMC), HUYA (NYSE:HUYA).

Industry description

Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.

Market Cap

The average market capitalization across the Movies/Entertainment Industry is 6.76B. The market cap for tickers in the group ranges from 134 to 166.96B. NFLX holds the highest valuation in this group at 166.96B. The lowest valued company is LRDG at 134.

High and low price notable news

The average weekly price growth across all stocks in the Movies/Entertainment Industry was 0%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -19%. CAPV experienced the highest price growth at 23%, while AMFL experienced the biggest fall at -41%.

Volume

The average weekly volume growth across all stocks in the Movies/Entertainment Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was -27% and the average quarterly volume growth was 63%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 61
Price Growth Rating: 65
SMR Rating: 84
Profit Risk Rating: 89
Seasonality Score: 22 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a holding company with interest in movie theatres

Industry MoviesEntertainment

Profile
Fundamentals
Details
Industry
Movies Or Entertainment
Address
11500 Ash Street
Phone
+1 913 213-2000
Employees
33694
Web
https://www.amctheatres.com
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AMC and

Correlation & Price change

A.I.dvisor indicates that over the last year, AMC has been loosely correlated with CNK. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if AMC jumps, then CNK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AMC
1D Price
Change %
AMC100%
-3.68%
CNK - AMC
38%
Loosely correlated
-1.46%
MCS - AMC
36%
Loosely correlated
-0.64%
IMAX - AMC
26%
Poorly correlated
-3.12%
VIA - AMC
26%
Poorly correlated
+1.20%
BOWL - AMC
25%
Poorly correlated
-1.32%
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