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AGNICO EAGLE MINES LTD (AEM.CA) Stock Technical Analysis

TSX:AEM - Toronto Stock Exchange - CA0084741085 - Common Stock - Currency: CAD

172.74  +0.73 (+0.42%)

Technical Rating and Analysis

10

Overall AEM gets a technical rating of 10 out of 10. 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AEM is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by AEM over the past year are nicely spread over this period.
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.
AEM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AEM is part of the Metals & Mining industry. There are 806 other stocks in this industry, AEM did better than 66% of them.
Weekly and Daily overview Charts
AGNICO EAGLE MINES LTD / AEM Weekly stock chart
AGNICO EAGLE MINES LTD / AEM Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AEM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 173.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 167.43, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

148.68

176.78

We found 4 important support areas.

  • A support zone ranging from 163.57 to 167.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 158.96 to 160.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @155.13 from a trend line in the daily time frame.
  • Support @150.18 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 173.93 to 175.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for AEM.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AEM.CA is up.
ChartMill Relative Strength84.72POSITIVEAEM.CA has a high relative strength, it outperformed 84.72% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AEM.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AEM.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AEM.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)57.53NEUTRALThe RSI value for AEM.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.48POSITIVEThe MACD value suggests AEM.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)64.79NEUTRALThe Stochastics value for AEM.CA is a neutral value.
Average True Range in percent/ATR (20)2.94MEDIUM VOLATILITYThe ATR as a percentage value for AEM.CA suggests some volalility.
Average Directional Index/ADX (14)18.04NEGATIVEThe low ADX value for AEM.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
175.04164.2710.77 (6.15%)16.25%
An entry @175.04. This is a Buy Stop order right above the resistance zone.An exit @164.27. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 10.77 points, which is 6.15%.When investing 16.25% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 / AEM Daily stock chart

AGNICO EAGLE MINES LTD

TSX:AEM (8/1/2025, 7:00:00 PM)

172.74

+0.73 (+0.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.42%
1 Week-0.68%
2 Weeks6.89%
1 Month5.74%
3 Month12.53%
6 Month27.88%
12 Month65.87%
2 Year163.28%
3 Year218.94%
5 Year60.63%
10 Year436.13%
15 Year148.76%
Volatility
ATR(14)5.16
ATR(20)%2.94%
ATR Inc40.24%
Range Today5.42
ADR(20)4.77
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.72
Mansfield1.91
10 Day High178.4
10 Day Low164.28
20 Day High178.4
20 Day Low157.68
52 Week High178.4
52 Week Low99.05
CS1 End167.43
CR1 Start173.93
Volume & EV
DER(3)-1.83%
DER(5)-0.6%
Volume900.17K
Volume Incr4.67%
Vol(5)874.62K
Vol(50)923.24K