Cinemark Holdings Inc (NYSE:CNK) Dropped -3.1% – Here’s Why

After completing its last trading session, Cinemark Holdings Inc (NYSE:CNK) dropped by -3.1% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 51.387, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.024, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.605, an Accumulation/Distribution Index (ADI) of 0.605, an On-Balance Volume (OBV) of 5817.72, and a Chaiikin Money Flow (CMF) of 34.86. 165.0

So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Cinemark Holdings Inc (NYSE:CNK). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.