AGNICO EAGLE MINES LTD (AEM)

CA0084741085 - Common Stock

58.488  +0.64 (+1.1%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to AEM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AEM is only an average performer.

The long and short term trends are both positive. This is looking good!
AEM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AEM is lagging the market slightly.
In the last month AEM has a been trading in the 47.73 - 57.88 range, which is quite wide. It is currently trading near the high of this range.
AEM has an average volume of 3160710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AEM turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
AEM is an average performer in the Metals & Mining industry, it outperforms 67% of 156 stocks in the same industry.
Weekly and Daily overview Charts
AEM Weekly chart
AEM Daily chart
Setup Rating and Analysis

3

Although AEM has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

44.97

59.07

We found 4 important support areas.

  • A support zone ranging from 54.36 to 54.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 50.52 to 50.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @47.35 from a trend line in the weekly time frame.
  • Support @45.42 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.31
Mansfield-0.27
10 Day High57.88
10 Day Low54.02
20 Day High57.88
20 Day Low47.73
52 Week High61.15
52 Week Low43.22
Performance
1 Week3.45%
2 Weeks2.9%
1 Month20.47%
3 Month5.47%
6 Month27.28%
12 Month13.5%
2 Year-5.54%
3 Year0.07%
5 Year32.99%
10 Year91.24%
15 Year1.63%
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)0.09
RSI(14)70.05
LBB54.16
UBB57.39
AEM Daily chart

AGNICO EAGLE MINES LTD

NYSE:AEM (3/28/2024, 10:31:04 AM)

58.488

+0.64 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.1%
1 Week3.45%
2 Weeks2.9%
1 Month20.47%
3 Month5.47%
6 Month27.28%
12 Month13.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.31
ATR(20)%2.37%
ATR Inc
Range Today0.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.88
10 Day Low54.02
20 Day High57.88
20 Day Low47.73
52 Week High61.15
52 Week Low43.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume673.89K
Volume Incr-34.83%
Vol(5)2.37M
Vol(50)3.16M