Funke Akindele's 'Behind the Scenes' Hits ₦500M in 2 Weeks, Sets New Nollywood Record
- Box Office Breakthrough: Funke Akindele's 'Behind the Scenes' surpassed ₦500 million in just two weeks, becoming the highest-grossing Nigerian film currently in cinemas, demonstrating a strong demand for local narratives among audiences.
- Rapid Growth: With a box office total of ₦514 million, it sets a record as the fastest Nollywood film to reach the ₦500 million milestone, reflecting market recognition and support for high-quality local films.
- Intense Competition: The newcomer 'Oversabi Aunty' debuted strongly with ₦100 million, highlighting the intensified competition in the local film market during the holiday season, attracting more audience attention.
- Industry Potential: Despite a production budget exceeding ₦1 billion, the film's success not only proves the potential of the Nigerian film industry but also instills confidence for future investments and storytelling, encouraging the creation of more local narratives.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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