AUSTIN GOLD CORP (AUST) Technical Analysis
NYSEARCA:AUST • CA05223F1062
Current stock price
AUST Technical Rating and Analysis
Overall AUST gets a technical rating of 1 out of 10. AUST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- AUST is one of the lesser performing stocks in the Metals & Mining industry. 69% of 158 stocks in the same industry do better.
- AUST is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AUST is lagging the market.
- 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.
- AUST has an average volume of 1874740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, AUST did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month AUST has a been trading in the 1.27 - 1.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AUST Weekly and Daily overview Charts
AUST Setup Rating and Analysis
AUST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for AUST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AUST Support and Resistance Analysis
1.25
We found 2 important support areas.
- A support zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.26 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.28 from a trend line in the weekly time frame.
- Resistance @2.41 from a horizontal line in the weekly time frame.
- Resistance @2.84 from a horizontal line in the daily time frame.
AUST 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 | DOWN | NEGATIVE | The long term trend for AUST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AUST is down. |
| ChartMill Relative Strength | 76.36 | POSITIVE | AUST has a high relative strength, it outperformed 76.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AUST is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AUST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AUST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.1 | NEUTRAL | The RSI value for AUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AUST has a positive trend. |
| Stochastics (14,3) | 74.19 | NEUTRAL | The Stochastics value for AUST is a neutral value. |
| Average True Range in percent/ATR (20) | 8.14 | HIGH VOLATILITY | The high ATR as a percentage value for AUST suggests high volalility. |
| Average Directional Index/ADX (14) | 21.71 | NEUTRAL | The ADX value for AUST suggests a possible start of a new trend. |
AUST Chart- and CandleStick Pattern Analysis
AUST Technicals: Chart, Performance Metrics, Trend & Indicators
1.54
+0.03 (+1.99%)
AUSTIN GOLD CORP / AUST TA FAQ
What is the technical rating for AUST stock?
ChartMill assigns a technical rating of 1 / 10 to AUST.
What is the trend direction for AUST stock?
The current trend direction for AUSTIN GOLD CORP (AUST) is Bearish.
What is the RSI signal for AUST stock?
AUSTIN GOLD CORP (AUST) has an RSI value of 50.097. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AUSTIN GOLD CORP?
The short term momentum for AUSTIN GOLD CORP (AUST) is negative.
Can you provide the buy/sell signal for AUSTIN GOLD CORP?
The buy/sell signal for AUSTIN GOLD CORP (AUST) is sell as both the short term and long term trends are negative.