AUSTIN GOLD CORP (AUST)

CA05223F1062 - Common Stock

1.21  +0.03 (+2.54%)

Technical Rating and Analysis

9

Taking everything into account, AUST scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AUST is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
AUST is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 156 stocks in the same industry.
Looking at the yearly performance, AUST did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AUST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AUST is lagging the market.
In the last month AUST has a been trading in the 0.81 - 1.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AUST Weekly chart
AUST Daily chart
Setup Rating and Analysis

6

AUST has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.20, 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.
Support and Resistance Analysis

0.63

1.36

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.10 from a horizontal line in the daily time frame.
  • Support @1.05 from a trend line in the daily time frame.
  • Support @0.64 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.35 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.4
Mansfield1.74
10 Day High1.66
10 Day Low1.04
20 Day High1.66
20 Day Low0.81
52 Week High1.8
52 Week Low0.54
Performance
1 Week10%
2 Weeks-10.37%
1 Month42.35%
3 Month63.51%
6 Month61.61%
12 Month6.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)53.77
LBB1.05
UBB1.5
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.361.180.18 (13.24%)7.56%
An entry @1.36. This is a Buy Stop order right above the resistance zone.An exit @1.18. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.18 points, which is 13.24%.When investing 7.56% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of AUST. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AUST Daily chart

AUSTIN GOLD CORP

NYSEARCA:AUST (3/28/2024, 4:15:02 PM)

1.21

+0.03 (+2.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.54%
1 Week10%
2 Weeks-10.37%
1 Month42.35%
3 Month63.51%
6 Month61.61%
12 Month6.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%14.52%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.66
10 Day Low1.04
20 Day High1.66
20 Day Low0.81
52 Week High1.8
52 Week Low0.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.22K
Volume Incr-19.47%
Vol(5)100.80K
Vol(50)80.53K