AVINO SILVER & GOLD MINES (ASM) Stock Technical Analysis
NYSEARCA:ASM - NYSE Arca - CA0539061030 - Common Stock - Currency: USD
Overall ASM gets a technical rating of 10 out of 10. 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!
Looking at the yearly performance, ASM did better than 98% of all other 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 154 stocks in the same industry.
ASM is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ASM is leading the market.
In the last month ASM has a been trading in the 2.07 - 3.04 range, which is quite wide. It is currently trading near the high of this range.
ASM has an average volume of 4009650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ASM has an excellent technical rating, it does not present a decent entry opportunity 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
1.77
3.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.46 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.79 from a trend 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 | 98.92 | POSITIVE | ASM has a high relative strength, it outperformed 98.92% 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) | 72.75 | OVERBOUGHT | The high RSI value suggests ASM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ASM has a positive trend. |
| Stochastics (14,3) | 87.69 | OVERBOUGHT | The high Stochastics value suggests ASM may be overbought. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for ASM suggests high volalility. |
| Average Directional Index/ADX (14) | 41.73 | POSITIVE | The high ADX value value for ASM suggests a strong trend. |
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)
2.97
+0.07 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.41%
1 Week11.24%
2 Weeks22.73%
1 Month36.24%
3 Month118.38%
6 Month158.26%
12 Month177.57%
2 Year326.79%
3 Year325.44%
5 Year330.44%
10 Year170%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%6.11%
ATR Inc-19.44%
Range Today0.19
ADR(20)0.17
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.92
Mansfield12.05
10 Day High3.04
10 Day Low2.19
20 Day High3.04
20 Day Low2.07
52 Week High3.04
52 Week Low0.83
CS1 End2.47
CR1 StartN/A
Volume & EV
DER(3)3.15%
DER(5)4.3%
Volume3.82M
Volume Incr20.64%
Vol(5)5.00M
Vol(50)4.01M