What does Average Directional Index Predict about Six Flags Entertainment Corporation (NYSE:SIX)?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Six Flags Entertainment Corporation (NYSE:SIX) for the period of 9-Day stands at 67.58% while the stochastic %D for the same period stands at 62.5%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Six Flags Entertainment Corporation (NYSE:SIX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Six Flags Entertainment Corporation (NYSE:SIX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Six Flags Entertainment Corporation (NYSE:SIX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Six Flags Entertainment Corporation owns and operates regional parks. The Company has parks comprised of theme, water and zoological parks offering rides, water attractions, themed areas, concerts, shows, restaurants, game venues and retail outlets. The Company holds long-term licenses for theme park usage throughout the United States (except the Las Vegas metropolitan area), Canada, Mexico and other countries of certain Warner Bros. and DC Comics characters. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman and others. In addition, it has certain rights to use the Hanna-Barbera and Cartoon Network characters, including Yogi Bear, Scooby-Doo, The Flintstones and others. The Company uses these characters to market its parks and to provide an enhanced family entertainment experience. Six Flags Entertainment Corporation is based in New York, NY.

Previous Day Activity Analysis

On the last trading day, Six Flags Entertainment Corporation (NYSE:SIX) opened the session at $61.7 and after going down -0.74% closed at $61.51. The stock lost -0.19 points in the last trade.

Six Flags Entertainment Corporation (NYSE:SIX)’s stock fluctuated in the range of $61.12 and $62.35 during the previous active session. Six Flags Entertainment Corporation (NYSE:SIX) traded with the volume of 1.37 Million with average volume of 1.66 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.14 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.29 and 62.77 respectively.

Currently the Insider Ownership of the shares of Six Flags Entertainment Corporation (NYSE:SIX) is at 4.9% and the shares outstanding are 84.74 Million.

Important Ratio Analysis

Some important ratios to consider here for Six Flags Entertainment Corporation (NYSE:SIX) are discussed below:

Dividend yield of Six Flags Entertainment Corporation (NYSE:SIX) stands at 4.16% whereas Price to Earnings P/E ratio stands at 57.86 while Forward P/E shows the value of 26.51.

The PEG ratio (Price to Earning to Growth) emits the value of 7.23. The Price to Sale P/S and Price to Book P/B shows the value of 3.95 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 76.32 and 39.04 correspondingly.

The Quick Ratio of Six Flags Entertainment Corporation (NYSE:SIX) stands at 0.6 while the Current Ratio depicts the value of 0.6.

Return on Assets ROA of Six Flags Entertainment Corporation (NYSE:SIX) is at 3.9% whereas, Return on Equity ROE and Return of Investment ROI of Six Flags Entertainment Corporation (NYSE:SIX) stand at -41.9% and 16.5% respectively.

The payout ratio of Six Flags Entertainment Corporation (NYSE:SIX) stands at 227.8%.

Stock Performance Analysis

The stock performance of Six Flags Entertainment Corporation (NYSE:SIX) on the basis of 5 day trade show the jump of 0.38% whereas, the monthly performance of the stock shows increase of 6.77%.

The quarterly performance of the stock remained in green zone with the value of 7.89% while six month performance of the shares of Six Flags Entertainment Corporation (NYSE:SIX) remained bullish with the count of 3.17%.

The yearly and YTD performance of Six Flags Entertainment Corporation (NYSE:SIX) remained up at 21.2% and 2.59% respectively.