AUSTIN GOLD CORP (AUST) Stock Technical Analysis
NYSEARCA:AUST • CA05223F1062
Overall AUST gets a technical rating of 3 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.
- AUST is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 76% are performing better than AUST.
- 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.
- In the last month AUST has a been trading in the 1.60 - 3.92 range, which is quite wide. It is currently trading near the lows of this range.
- AUST has an average volume of 1791700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, AUST did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, AUST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.47
3 important support areas can be observed.
- Support @1.62 from a trend line in the weekly time frame.
- A support zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.34 from a trend line in the weekly time frame.
- Resistance @2.84 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 | 71.95 | POSITIVE | AUST has a high relative strength, it outperformed 71.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AUST is below 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) | UP | POSITIVE | The current price of AUST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.27 | NEUTRAL | The RSI value for AUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AUST has a negative trend. |
| Stochastics (14,3) | 14.08 | OVERSOLD | The low Stochastics value suggests AUST may be oversold. |
| Average True Range in percent/ATR (20) | 26.55 | HIGH VOLATILITY | The high ATR as a percentage value for AUST suggests high volalility. |
| Average Directional Index/ADX (14) | 40.49 | POSITIVE | The high ADX value value for AUST suggests a strong trend. |
1.71
-0.24 (-12.31%)
AUSTIN GOLD CORP / AUST FAQ
What is the technical rating for AUST stock?
ChartMill assigns a technical rating of 3 / 10 to AUST.
What is the trend direction for AUST stock?
The current trend direction for AUSTIN GOLD CORP (AUST) is Bearish.
Can you provide the RSI signal for AUSTIN GOLD CORP?
AUSTIN GOLD CORP (AUST) has an RSI value of 44.2683. This indicates that the stock is currently neutral.
What is the support and resistance level for AUST stock?
AUSTIN GOLD CORP (AUST) has a support level at 1.62 and a resistance level at 2.34. Check the full technical report for our detailed analysis of AUST support and resistance levels.