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Amc Entertainmen Crosses Below its 10-day MA (AMC)

By Amy Schwartz

Today, shares of Amc Entertainmen (NYSE:AMC) have fallen below their 10-day MA of $9.34 on a volume of 505K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Amc Entertainmen share prices have been bracketed by a low of $8.73 and a high of $20.26 and are now at $8.95, 3% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 1.2%.

SmarTrend is tracking the current trend status for Amc Entertainmen and will alert subscribers who have AMC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses amc entertainmen

Ticker(s): AMC