YAMANA GOLD INC (AUY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AUY - CA98462Y1007 - Common Stock
We assign a technical rating of 8 out of 10 to AUY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AUY is showing a nice and steady performance.
Besides having an excellent technical rating, AUY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for AUY 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.
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4 important support areas can be observed.
- A support zone ranging from 5.59 to 5.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.34 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.06 to 5.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.12 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @5.93 from a trend line in the daily time frame.
- A resistance zone ranging from 6.21 to 6.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 AUY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AUY is up. |
| ChartMill Relative Strength | 81.2 | POSITIVE | AUY has a high relative strength, it outperformed 81.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AUY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AUY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AUY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.01 | NEUTRAL | The RSI value for AUY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AUY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.12 | OVERBOUGHT | The high Stochastics value suggests AUY may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for AUY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for AUY suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.94 | 5.58 | 0.36 (6.06%) | 16.50% |
| An entry @5.94. This is a Buy Stop order right above the resistance zone. | An exit @5.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 6.06%. | When investing 16.50% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
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-0.04 (-0.68%)
YAMANA GOLD INC / AUY FAQ
What is the technical rating for AUY stock?
ChartMill assigns a technical rating of 7 / 10 to AUY.
What is the current trend direction of YAMANA GOLD INC (AUY) stock?
The current trend direction for YAMANA GOLD INC (AUY) is Bullish.
Can you provide the RSI signal for YAMANA GOLD INC?
YAMANA GOLD INC (AUY) has an RSI value of 60.0103. This indicates that the stock is currently neutral.
What is the buy/sell signal for YAMANA GOLD INC (AUY) stock?
The buy/sell signal for YAMANA GOLD INC (AUY) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for YAMANA GOLD INC (AUY) stock?
YAMANA GOLD INC (AUY) has a support level at 5.63 and a resistance level at 5.93. Check the full technical report for our detailed analysis of AUY support and resistance levels.