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After Yesterday's Decline of 13.90%, Amc Entertainmen Offers Investors Better Value

By Amy Schwartz

Amc Entertainmen (NYSE:AMC) traded in a range yesterday that spanned from a low of $15.61 to a high of $17.84. Yesterday, the shares fell 13.9%, which took the trading range below the 3-day low of $17.88 on volume of 2.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Over the past year, Amc Entertainmen has traded in a range of $10.80 to $21.45 and is now at $15.84, 47% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has risen 0.6%.

Keywords: rebounders amc entertainmen

Ticker(s): AMC