AGNICO EAGLE MINES LTD (AEM) Stock Technical Analysis
NYSE:AEM - New York Stock Exchange, Inc. - CA0084741085 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to AEM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AEM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AEM did better than 97% of all other stocks. On top of that, AEM also shows a nice and consistent pattern of rising prices.
AEM is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 152 stocks in the same industry.
AEM is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month AEM has a been trading in the 94.77 - 125.94 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AEM has an average volume of 3279750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AEM has an excellent technical rating, it does not present a decent entry opportunity 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
75.73
122.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 102.47 to 103.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.70 from a trend line in the daily time frame.
- A support zone ranging from 76.49 to 76.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.6
Mansfield5.7
10 Day High125.94
10 Day Low94.77
20 Day High125.94
20 Day Low94.77
52 Week High125.94
52 Week Low61.56
Performance
1 Week8.95%
2 Weeks12.02%
1 Month15.29%
3 Month42.93%
6 Month41.04%
12 Month90.37%
2 Year114.23%
3 Year108.71%
5 Year107.11%
10 Year301.09%
15 Year92.42%
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)1.58
RSI(14)73.12
LBB94.91
UBB126.51
121.53
-1.01 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.82%
1 Week8.95%
2 Weeks12.02%
1 Month15.29%
3 Month42.93%
6 Month41.04%
12 Month90.37%
2 Year114.23%
3 Year108.71%
5 Year107.11%
10 Year301.09%
15 Year92.42%
Volatility
ATR(14)5.74
ATR(20)%3.94%
ATR Inc-30.33%
Range Today2.41
ADR(20)4.24
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.6
Mansfield5.7
10 Day High125.94
10 Day Low94.77
20 Day High125.94
20 Day Low94.77
52 Week High125.94
52 Week Low61.56
CS1 End103.3
CR1 StartN/A
Volume & EV
DER(3)-2.37%
DER(5)-2.39%
Volume3.55M
Volume Incr28.13%
Vol(5)4.55M
Vol(50)3.28M