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Cinemark Holding Down 6.3% Since SmarTrend Downtrend Call (CNK)

By Amy Schwartz

SmarTrend identified a Downtrend for Cinemark Holding (NYSE:CNK) on October 8th, 2019 at $36.73. In approximately 1 month, Cinemark Holding has returned 6.33% as of today's recent price of $34.40.

In the past 52 weeks, Cinemark Holding share prices have been bracketed by a low of $33.70 and a high of $43.51 and are now at $34.40, 2% above that low price. The 200-day and 50-day moving averages have moved 0.24% lower and 0.7% lower over the past week, respectively.

Cinemark Holdings, Inc. operates movie theaters. The Company operates in the United States and Latin America.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cinemark Holding.

Log in and add Cinemark Holding (CNK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights cinemark holding

Ticker(s): CNK