AGNICO EAGLE MINES LTD (AEM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AEM - CA0084741085 - Common Stock
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.
Although AEM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
122.24
We found 7 important support areas.
- A support zone ranging from 173.93 to 178.18. 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 169.54 to 170.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @164.10 from a horizontal line in the daily time frame.
- Support @160.04 from a trend line in the daily time frame.
- Support @152.40 from a horizontal line in the daily time frame.
- Support @145.28 from a trend line in the weekly time frame.
- Support @123.47 from a horizontal line in the daily time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AEM is up. |
| ChartMill Relative Strength | 95.04 | POSITIVE | AEM has a high relative strength, it outperformed 95.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.03 | NEUTRAL | The RSI value for AEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.39 | POSITIVE | The MACD value suggests AEM has a positive trend. |
| Stochastics (14,3) | 95.69 | OVERBOUGHT | The high Stochastics value suggests AEM may be overbought. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for AEM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for AEM suggests a weak or negative trend. |
191.14
+4.67 (+2.5%)
AGNICO EAGLE MINES LTD / AEM FAQ
What is the technical rating for AEM stock?
ChartMill assigns a technical rating of 10 / 10 to AEM.
Can you provide the trend direction for AGNICO EAGLE MINES LTD?
The current trend direction for AGNICO EAGLE MINES LTD (AEM) is Bullish.
Can you provide the RSI signal for AGNICO EAGLE MINES LTD?
AGNICO EAGLE MINES LTD (AEM) has an RSI value of 69.0269. This indicates that the stock is currently neutral.
What is the buy/sell signal for AGNICO EAGLE MINES LTD (AEM) stock?
The buy/sell signal for AGNICO EAGLE MINES LTD (AEM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for AGNICO EAGLE MINES LTD?
AGNICO EAGLE MINES LTD (AEM) has a support level at 178.18. Check the full technical report for our detailed analysis of AEM support and resistance levels.