AGNICO EAGLE MINES LTD (AEM)

CA0084741085 - Common Stock

83.59  -1.42 (-1.67%)

After market: 83.59 0 (0%)

Technical Rating and Analysis

8

Overall AEM gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

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 85% of all other stocks. We also observe that the gains produced by AEM over the past year are nicely spread over this period.
AEM is part of the Metals & Mining industry. There are 156 other stocks in this industry. AEM outperforms 80% of them.
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 75.17 - 86.84 range, which is quite wide. It is currently trading near the high of this range.
AEM has an average volume of 2249390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
AEM Weekly chart
AEM Daily chart
Setup Rating and Analysis

7

AEM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

44.97

89.74

3 important support areas can be observed.

  • A support zone ranging from 81.97 to 82.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 75.99 to 79.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @45.42 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @88.85 from a horizontal line in the daily 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
CRS85.34
Mansfield0.91
10 Day High86.84
10 Day Low80.35
20 Day High86.84
20 Day Low75.17
52 Week High89
52 Week Low44.37
Performance
1 Week-0.98%
2 Weeks0.02%
1 Month-2.27%
3 Month8.71%
6 Month31.02%
12 Month63.13%
2 Year60.78%
3 Year57.3%
5 Year35.68%
10 Year235.84%
15 Year54.8%
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)0.31
RSI(14)50.91
LBB80.55
UBB86.58
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
86.8581.964.89 (5.63%)17.76%
An entry @86.85. This is a Buy Stop order right above the 10 day high.An exit @81.96. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.89 points, which is 5.63%.When investing 17.76% 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 (12/6/2024, 8:04:00 PM)

After market: 83.59 0 (0%)

83.59

-1.42 (-1.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.67%
1 Week-0.98%
2 Weeks0.02%
1 Month-2.27%
3 Month8.71%
6 Month31.02%
12 Month63.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.24
ATR(20)%2.97%
ATR Inc
Range Today1.49
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 High86.84
10 Day Low80.35
20 Day High86.84
20 Day Low75.17
52 Week High89
52 Week Low44.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.21M
Volume Incr-42.74%
Vol(5)1.34M
Vol(50)2.25M