AURA MINERALS INC (AUGO) Technical Analysis
NASDAQ:AUGO • VGG069731120
We assign a technical rating of 7 out of 10 to AUGO. Although AUGO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than AUGO.
- AUGO is one of the lesser performing stocks in the Metals & Mining industry. 90% of 157 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- AUGO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AUGO has an excellent technical rating, but the quality of the setup is only medium 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
71.52
We found 2 important support areas.
- Support @84.21 from a horizontal line in the daily time frame.
- Support @72.24 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 AUGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AUGO is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AUGO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AUGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AUGO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.85 | NEUTRAL | The RSI value for AUGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests AUGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.05 | OVERBOUGHT | The high Stochastics value suggests AUGO may be overbought. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for AUGO suggests high volalility. |
| Average Directional Index/ADX (14) | 36.44 | POSITIVE | The high ADX value value for AUGO suggests a strong trend. |
AUGO Technicals: Chart, Performance Metrics, Trend & Indicators
86.19
+1.98 (+2.35%)
AURA MINERALS INC / AUGO FAQ
Can you provide the ChartMill technical rating for AURA MINERALS INC?
ChartMill assigns a technical rating of 7 / 10 to AUGO.
What is the trend direction for AUGO stock?
The current trend direction for AURA MINERALS INC (AUGO) is Bullish.
What is the RSI signal for AURA MINERALS INC (AUGO) stock?
AURA MINERALS INC (AUGO) has an RSI value of 63.8479. This indicates that the stock is currently neutral.
What is the MACD signal for AURA MINERALS INC (AUGO) stock?
The MACD indicator for AURA MINERALS INC (AUGO) has a value of 0.732776, indicating a bearish trend.
What are the support and resistance levels for AURA MINERALS INC (AUGO) stock?
AURA MINERALS INC (AUGO) has a support level at 84.21. Check the full technical report for our detailed analysis of AUGO support and resistance levels.