AMC Stock Price Expecting Possible Reversal After Declining 77% 

AMC Stock Price Expecting Possible Reversal After Declining 77% 

1
AMC stock price slipped approximately 77% in a quarter and around 8% in a week. 
2
Major decline in AMC stock price was observed on September 06 2023. 
3
AMC’s reported EPS surged over 124% compared to the estimated EPS. 
AMC stock trading pattern indicates bearishness. Over the past few months, it lost 76.02% of its trading price. However, there was a 11.03% uptick over the month.
AMC Stock Price Analysis 
In the 52 weeks time frame, AMC stock price peaked at $80.74 and its lowest traded price was $7.05. When writing, the stock was below 20, 50, 100 and 200 day exponential moving averages.
AMC stock has an annual price target of $10.75. The price target is 17.36% greater than press time trading price. The MACD and signal line are constantly approaching bullish territory while the histogram is reflecting major bulls accumulation. 
The RSI line is parallel to the neutral line and if bulls continue their dominance, there is a possi

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