• Return to Headlines

Cinemark: The Trend Continues Higher (CNK)

Written on Sun, 03/14/2010 - 12:58pm
By Chip Brian

SmarTrend identified an Uptrend for Cinemark (NYSE:CNK) on September 17, 2009 at $10.76. In approximately 6 months, Cinemark has returned 59.9% as of today's recent price of $17.20.
Cinemark is currently above its 50-day moving average of $14.93 and above its 200-day moving average of $12.07. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cinemark shares.

Keywords: Stock research report chart fundamental technical analysis

Ticker(s): CNK

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.