AGNICO EAGLE MINES LTD (AEM) Stock Technical Analysis
NYSE:AEM - New York Stock Exchange, Inc. - CA0084741085 - Common Stock - Currency: USD
Overall AEM gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AEM did better than 95% of all other stocks. On top of that, AEM also shows a nice and consistent pattern of rising prices.
AEM is part of the Metals & Mining industry. There are 150 other stocks in this industry. AEM outperforms 88% of them.
AEM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AEM is leading the market.
In the last month AEM has a been trading in the 92.11 - 101.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AEM has an average volume of 2146900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
AEM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 95.92, a Stop Loss order could be placed below this zone.
More info and screens
75.73
101.82
We found 3 important support areas.
- A support zone ranging from 95.09 to 95.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.08 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 96.95 to 98.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @100.81 from a horizontal line 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
CRS95.58
Mansfield1.98
10 Day High99.38
10 Day Low92.11
20 Day High101.45
20 Day Low92.11
52 Week High101.45
52 Week Low54.02
Performance
1 Week-1.6%
2 Weeks0.08%
1 Month3.22%
3 Month14.76%
6 Month24.76%
12 Month75.99%
2 Year88.21%
3 Year56.65%
5 Year141.09%
10 Year243.34%
15 Year72.32%
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)-0.78
RSI(14)52.96
LBB94.41
UBB100.46
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 |
|---|---|---|---|
| 98.36 | 95.08 | 3.28 (3.33%) | 25.00% |
| An entry @98.36. This is a Buy Stop order right above the resistance zone. | An exit @95.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.28 points, which is 3.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of AEM. Please evaluate whether better entry and exit points can be found.
- 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.
95.93
-0.35 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.36%
1 Week-1.6%
2 Weeks0.08%
1 Month3.22%
3 Month14.76%
6 Month24.76%
12 Month75.99%
2 Year88.21%
3 Year56.65%
5 Year141.09%
10 Year243.34%
15 Year72.32%
Volatility
ATR(14)3.1
ATR(20)%3.18%
ATR Inc47.26%
Range Today4.08
ADR(20)2.74
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.58
Mansfield1.98
10 Day High99.38
10 Day Low92.11
20 Day High101.45
20 Day Low92.11
52 Week High101.45
52 Week Low54.02
CS1 End95.92
CR1 Start96.95
Volume & EV
DER(3)0.6%
DER(5)1.73%
Volume2.75M
Volume Incr11.53%
Vol(5)2.90M
Vol(50)2.15M