AGNICO EAGLE MINES LTD (AEM)

CA0084741085 - Common Stock

63.69  +0.77 (+1.22%)

After market: 63.64 -0.05 (-0.08%)

Technical Rating and Analysis

9

Overall AEM gets a technical rating of 9 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.

The long and short term trends are both positive. This is looking good!
AEM is part of the Metals & Mining industry. There are 155 other stocks in this industry. AEM outperforms 77% 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 56.19 - 64.19 range, which is quite wide. It is currently trading near the high of this range.
AEM has an average volume of 3636400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
AEM Weekly chart
AEM Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AEM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

44.97

64.33

When analyzing the support we can see 4 important areas.

  • Support @54.36 from a horizontal line in the daily time frame.
  • Support @50.24 from a horizontal line in the daily time frame.
  • Support @47.77 from a trend line in the weekly time frame.
  • A support zone ranging from 45.42 to 45.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS84.27
Mansfield1.19
10 Day High64.19
10 Day Low60.15
20 Day High64.19
20 Day Low56.19
52 Week High64.19
52 Week Low43.22
Performance
1 Week1.92%
2 Weeks3.97%
1 Month13.61%
3 Month28.98%
6 Month30.54%
12 Month12.27%
2 Year9.38%
3 Year2%
5 Year53.8%
10 Year115.46%
15 Year44.39%
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)-0.15
RSI(14)67.14
LBB60.5
UBB64.01
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
64.2160.144.06 (6.33%)15.79%
An entry @64.20. This is a Buy Stop order right above the 10 day high.An exit @60.14. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 4.06 points, which is 6.33%.When investing 15.79% 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.
AEM Daily chart

AGNICO EAGLE MINES LTD

NYSE:AEM (4/24/2024, 7:04:00 PM)

After market: 63.64 -0.05 (-0.08%)

63.69

+0.77 (+1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.22%
1 Week1.92%
2 Weeks3.97%
1 Month13.61%
3 Month28.98%
6 Month30.54%
12 Month12.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%2.72%
ATR Inc
Range Today1.23
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 High64.19
10 Day Low60.15
20 Day High64.19
20 Day Low56.19
52 Week High64.19
52 Week Low43.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.88M
Volume Incr-3.9%
Vol(5)3.45M
Vol(50)3.64M