AUSTIN GOLD CORP (AUST) Stock Technical Analysis
NYSEARCA:AUST - NYSE Arca - CA05223F1062 - Common Stock - Currency: USD
Taking everything into account, AUST scores 5 out of 10 in our technical rating. In the last year, AUST was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
AUST is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, AUST did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
AUST is an average performer in the Metals & Mining industry, it outperforms 51% of 154 stocks in the same industry.
In the last month AUST has a been trading in the 1.23 - 1.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, AUST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.38, a Stop Loss order could be placed below this zone. 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
1.07
1.64
We found 4 important support areas.
- A support zone ranging from 1.32 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.19 from a trend line in the weekly time frame.
- Support @1.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.53 from a trend line in the daily time frame.
- Resistance @1.57 from a horizontal line in the daily time frame.
- Resistance @1.62 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 | NEUTRAL | NEUTRAL | The long term trend for AUST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AUST is neutral. |
| ChartMill Relative Strength | 84.54 | POSITIVE | AUST has a high relative strength, it outperformed 84.54% 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) | UP | POSITIVE | The current price of AUST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AUST is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.35 | NEUTRAL | The RSI value for AUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AUST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.54 | NEUTRAL | The Stochastics value for AUST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for AUST suggests high volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for AUST suggests a weak or negative 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)
1.387
+0.05 (+3.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.55%
1 Week1.24%
2 Weeks-0.22%
1 Month-2.32%
3 Month11.3%
6 Month9.38%
12 Month40.78%
2 Year58.28%
3 Year-19.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.54%
ATR Inc-15.77%
Range Today0.05
ADR(20)0.08
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.54
Mansfield-0.89
10 Day High1.45
10 Day Low1.31
20 Day High1.49
20 Day Low1.23
52 Week High3.19
52 Week Low0.8
CS1 End1.38
CR1 Start1.53
Volume & EV
DER(3)4.66%
DER(5)-2.68%
Volume40.60K
Volume Incr-36.17%
Vol(5)32.78K
Vol(50)70.00K