AMCX | Hitting All Time Lows | LONGAMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, Domestic Operations, and International and Other. The Domestic Operations segment operates various national programming networks, including the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films name. This segment also produces and licenses original programming for various programming networks, as well as services the national programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.
AMCX trade ideas
AMC Networks: Bullish Gartley with Bullish Divergence on WeeklyAMC Networks has been holding tight within this range for a long time even during the recent volatility of the stock market this year and the presence of a Gartley coupled with the Weekly Bullish Divergence would imply that the Breakout Direction would likely be to the upside
AMCX a nice risks/reward sittuation 🧙AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 89 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 85 million households. IFC mainly shows independent films and alternative comedy series. The company acquired its newest channel, BBC America, in October 2014.
AMCX after the fall .. the great recovery.The advisor Marketmiracle advisor has generated a purchase signal for AMCX or the American production company famous for 'The walking dead' the signal provides an entry at the price of 53.71 usd for a target of 83.126 usd or a potential profit of 54.77%.
I personally already have an open position on this title from about 1 month and a half and this input signal confirms my view.
The problems related to covid are gradually waning and finally even those who produce movies and TV series can finally start to produce and turnover exactly as before the onset of the pandemic.
From the fundamental point of view the company is estimated about below 45% of its true value according to some of my reference sites ... the accounts add up..
Graphically I expect a price action similar to the one I illustrated, maybe with different timing.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
PAY to AMC NETWORKSHey guys, AMC NETWORKS is in fake bearish dynamics with a large buy volume traded and an upside down hammer candle. The TIMEFRAME M1 makes us notice a marubozu with a fake return of the sales volume, it is heading towards its last lowest. Which corresponds to the base of the bollinger make its reversal on this support, then re-test the top of the equilibrium zone. Strong possibility of breakout the price at the same time the zone to come back in the second to land on the high which follows and to test the highest of the bollinger.
With a test of the top of the equilibrium zone followed by a breakout to go and look for the symbolic number of 57.00.
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AMCX, ShortReasons for short :
-We are at a resistance level
-RSI 84
-Trading above target price ($29.19)
Warning signs: This stock has a 56% short float and a ratio of 11 , a short squeeze is more than possible so position size accordingly.
Also, I can see the forward p/e is favorable at only 5.47.
Good Luck ~
AMCX!this beautiful stock's movement just looks great opportunity for long
.Wide movement with testing the highers, and now its just about completing (maybe) Mug and Handle
but although we have nice technical info, there are some hards levels to breakout, which one of them and maybe the most important one is 200M
i dont think im gonna take it once it breaks the down-trend out, i'd like to have a Re-test on one of the important levels: down trend or support on the chart and then get into when its closing up 200MA. MB my STOP will be too far but my target also gonna be like this, cause if we really want the chances to be on our side, we have the stock to proof close over 200MA. there are some rules ive been learned that we have to follow
so I hope u to have nice trading, hope u all enjoyed this idea
clearly not a reccomendation for any stock's actions!
be well, see ya...
$AMCX Is A Trendline Buy$AMCX is a buy off the long-term downtrend support line. We believe $AMCX is due for a trend change. With 21.71% of the float short, there's room for short covering. In addition, $AMCX is a cheap value play. $AMCX trades at just 4x earnings, 0.51x sales, 1.89x cash, and 3.94x FCF.
AMC Networks Inc. owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats. This segment distributes its networks in the United States through cable and other multichannel video programming distribution platforms, such as direct broadcast satellite and platforms operated by telecommunications providers. The International and Other segment delivers entertaining and acclaimed programming services for subscribers in approximately 130 countries and territories. This segment also operates in independent film distribution business that distributes films across various media platforms, including theaters, cable/satellite video on demand, cable network television, streaming/downloading to internet-connected screens, and DVDs. The company also provides subscription streaming and talent management services. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.
As always, trade with caution.
Good luck to all!
H&S with target around 57Hello fellow enthusiasts,
The chart speaks for itself I guess. I will short if we indeed do break the neckline of the head and shoulders pattern.
This pattern has a target around 57 which lines up with the support there.
Happy trading,
C.J.
* This is not financial advice, please do your own research to make your own decisions *
AMCX - missed entry. Missed entry and hope to buy on pullback to 60.50
It obviously based at around $60, and could perhaps be in the middle of forming a right shoulder of an inverted head&shoulder pattern in the uptrend.
AMCX
Horizontal S&R: trading w/in a obvious base
Channel S&R: yes, rising up trend.
MA S&R: above both 20 and 50
>200ma: yes
Volume confirmation: obvious spike in Aug on EPS and formed a bullish candle
Candle Confirmation: yes, morning star at bottom of break from reg trendline
Stoch Divergence: no,
Reg Trendline >85: yes, 89
Short Float: 15%
Risk / Reward: 3.2
Zacks Rank: 3-Hold 3 Style Scores: A Value | C Growth | F Momentum | B VGM Industry Rank: Bottom 37%(160 out of 255) Industry: Broadcast Radio and Television
AMCX - Possible Bearish Swing TradeThis is a bearish swing trade I may enter next week. If I do I and it moves in my favor I will be very aggressive when it comes to moving my stop. My 2R target is down at $45.85 but there are three pivot lows that will be in between
my entry and my target.
To me, AMCX looks pretty weak and even weaker when looking at the hourly chart.