AGNICO EAGLE MINES LTD (AEM.CA) Stock Technical Analysis
TSX:AEM - Toronto Stock Exchange - CA0084741085 - Common Stock
We assign a technical rating of 10 out of 10 to AEM. Both in the recent history as in the last year, AEM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AEM is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by AEM over the past year are nicely spread over this period.
AEM is one of the better performing stocks in the Metals & Mining industry, it outperforms 84% of 825 stocks in the same industry.
AEM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AEM has a been trading in the 110.70 - 123.59 range, which is quite wide. It is currently trading near the high of this range.
Although AEM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
61.21
125.00
5 important support areas can be observed.
- A support zone ranging from 114.60 to 116.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @111.02 from a trend line in the daily time frame.
- A support zone ranging from 106.43 to 108.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @104.31 from a horizontal line in the daily time frame.
- Support @61.83 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 123.10 to 123.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.52
Mansfield1.56
10 Day High123.59
10 Day Low113.91
20 Day High123.59
20 Day Low110.7
52 Week High123.86
52 Week Low60.17
Performance
1 Week1.15%
2 Weeks5.08%
1 Month5.21%
3 Month3.43%
6 Month20.88%
12 Month85.68%
2 Year63.81%
3 Year102.75%
5 Year50.48%
10 Year187.33%
15 Year127.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.69
RSI(14)61.16
LBB111.51
UBB125.32
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 123.77 | 113.90 | 9.87 (7.97%) | 12.54% |
| An entry @123.77. This is a Buy Stop order right above the resistance zone. | An exit @113.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.87 points, which is 7.97%. | For a 1.00% total portfolio risk, you can invest 12.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AGNICO EAGLE MINES LTD
TSX:AEM (1/17/2025, 7:00:00 PM)
123.09
+1.88 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.55%
1 Week1.15%
2 Weeks5.08%
1 Month5.21%
3 Month3.43%
6 Month20.88%
12 Month85.68%
2 Year63.81%
3 Year102.75%
5 Year50.48%
10 Year187.33%
15 Year127.73%
Volatility
ATR(14)3.1
ATR(20)%2.37%
ATR Inc5.51%
Range Today3.48
ADR(20)2.55
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.52
Mansfield1.56
10 Day High123.59
10 Day Low113.91
20 Day High123.59
20 Day Low110.7
52 Week High123.86
52 Week Low60.17
CS1 End116.72
CR1 Start123.1
Volume & EV
DER(3)4.43%
DER(5)3.84%
Volume661.77K
Volume Incr-9.9%
Vol(5)756.33K
Vol(50)942.05K