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Amc Entertainmen Falling Today on Above-Average Volume (AMC)

By Amy Schwartz

Amc Entertainmen shares are trading on heavy volume today, having fallen 1.3% to $15.45. About 312,000 shares have been traded today, as compared to the 30-day average volume of 225,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Amc Entertainmen on November 27th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $14.47. Since that recommendation, shares of Amc Entertainmen have risen 8.2%. We continue to monitor AMC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Amc Entertainmen have traded between a low of $10.80 and a high of $35.65 and are now at $15.60, which is 44% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has slid 0.3%.

Keywords: unusual volume amc entertainmen

Ticker(s): AMC