Taking everything into account, ASM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ASM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ASM is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, ASM also shows a nice and consistent pattern of rising prices.
- ASM is one of the better performing stocks in the Metals & Mining industry, it outperforms 98% of 157 stocks in the same industry.
- ASM 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 ASM is lagging the market slightly.
- ASM has an average volume of 6847770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ASM has a been trading in the 6.08 - 11.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ASM has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
4.04
We found 4 important support areas.
- A support zone ranging from 8.95 to 8.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.33 from a trend line in the daily time frame.
- Support @5.09 from a trend line in the daily time frame.
- Support @4.08 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 ASM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASM is up. |
| ChartMill Relative Strength | 99.61 | POSITIVE | ASM has a high relative strength, it outperformed 99.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.59 | NEUTRAL | The RSI value for ASM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ASM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.7 | NEUTRAL | The Stochastics value for ASM is a neutral value. |
| Average True Range in percent/ATR (20) | 9.47 | HIGH VOLATILITY | The high ATR as a percentage value for ASM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.73 | POSITIVE | The high ADX value value for ASM suggests a strong trend. |
10.15
+1.19 (+13.28%)
AVINO SILVER & GOLD MINES / ASM FAQ
Can you provide the ChartMill technical rating for AVINO SILVER & GOLD MINES?
ChartMill assigns a technical rating of 10 / 10 to ASM.
Can you provide the trend direction for AVINO SILVER & GOLD MINES?
The current trend direction for AVINO SILVER & GOLD MINES (ASM) is Bullish.
Can you provide the RSI signal for AVINO SILVER & GOLD MINES?
AVINO SILVER & GOLD MINES (ASM) has an RSI value of 60.594. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for AVINO SILVER & GOLD MINES?
The buy/sell signal for AVINO SILVER & GOLD MINES (ASM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for AVINO SILVER & GOLD MINES?
AVINO SILVER & GOLD MINES (ASM) has a support level at 8.98. Check the full technical report for our detailed analysis of ASM support and resistance levels.