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Uptrend Call Working As Cinemark Stock Rises 19.0% (CNK)
[May 25, 2012]

Uptrend Call Working As Cinemark Stock Rises 19.0% (CNK)


May 25, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Cinemark (NYSE:CNK) on January 20th, 2012 at $19.69. In approximately 4 months, Cinemark has returned 18.99% as of today's recent price of $23.43.

Over the past year, Cinemark has traded in a range of $17.10 to $24.45 and is now at $23.43, 37% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.5%.

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

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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/signup

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