AVINO SILVER & GOLD MINES (ASM) Technical Analysis
NYSEARCA:ASM • CA0539061030
Current stock price
ASM Technical Rating and Analysis
Taking everything into account, ASM scores 4 out of 10 in our technical rating. Although ASM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- When comparing the yearly performance of all stocks, we notice that ASM is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ASM over the past year are nicely spread over this period.
- ASM is part of the Metals & Mining industry. There are 157 other stocks in this industry. ASM outperforms 91% of them.
- ASM has an average volume of 6715210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ASM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASM is lagging the market slightly.
- In the last month ASM has a been trading in the 5.16 - 8.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASM Weekly and Daily overview Charts
ASM Setup Rating and Analysis
ASM has an average technical rating and it also 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.
More info and screens
ASM Support and Resistance Analysis
4.90
We found 2 important support areas.
- A support zone ranging from 5.53 to 5.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.95 from a trend line in the daily time frame.
ASM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ASM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASM is down. |
| ChartMill Relative Strength | 97.16 | POSITIVE | ASM has a high relative strength, it outperformed 97.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ASM is below a declining 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) | 48.02 | NEUTRAL | The RSI value for ASM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ASM has a positive trend. |
| Stochastics (14,3) | 70.32 | NEUTRAL | The Stochastics value for ASM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.21 | HIGH VOLATILITY | The high ATR as a percentage value for ASM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for ASM suggests a strong trend. |
ASM Chart- and CandleStick Pattern Analysis
ASM Technicals: Chart, Performance Metrics, Trend & Indicators
6.77
+0.24 (+3.68%)
AVINO SILVER & GOLD MINES / ASM TA FAQ
Can you provide the ChartMill technical rating for AVINO SILVER & GOLD MINES?
ChartMill assigns a technical rating of 4 / 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 Bearish.
What is the RSI signal for ASM stock?
AVINO SILVER & GOLD MINES (ASM) has an RSI value of 48.0215. 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 negative.