We assign a technical rating of 10 out of 10 to ASM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASM is showing a nice and steady performance.
Although ASM 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.
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4.04
When analyzing the support we can see 3 important areas.
- Support @4.45 from a trend line in the daily time frame.
- Support @4.30 from a trend line in the daily time frame.
- Support @4.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.61 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 | 99.2 | POSITIVE | ASM has a high relative strength, it outperformed 99.2% 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) | 60.55 | NEUTRAL | The RSI value for ASM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ASM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.14 | OVERBOUGHT | The high Stochastics value suggests ASM may be overbought. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for ASM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.53 | NEGATIVE | The low ADX value for ASM suggests a weak or negative trend. |
5.49
-0.05 (-0.9%)
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.
What is the current trend direction of AVINO SILVER & GOLD MINES (ASM) stock?
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 60.5479. This indicates that the stock is currently neutral.
What is the short term momentum for ASM stock?
The short term momentum for AVINO SILVER & GOLD MINES (ASM) is positive.
What are the support and resistance levels for AVINO SILVER & GOLD MINES (ASM) stock?
AVINO SILVER & GOLD MINES (ASM) has a support level at 4.45 and a resistance level at 5.61. Check the full technical report for our detailed analysis of ASM support and resistance levels.