COEUR MINING INC (CDE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CDE - US1921085049 - Common Stock
Taking everything into account, CDE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CDE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CDE did better than 98% of all other stocks.
- CDE is part of the Metals & Mining industry. There are 156 other stocks in this industry. CDE outperforms 83% of them.
- CDE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CDE is lagging the market slightly.
- In the last month CDE has a been trading in the 16.91 - 22.60 range, which is quite wide. It is currently trading near the high of this range.
- CDE has an average volume of 19161600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CDE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.93
When analyzing the support we can see 3 important areas.
- Support @18.87 from a trend line in the daily time frame.
- A support zone ranging from 16.38 to 16.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.07 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for CDE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDE is up. |
| ChartMill Relative Strength | 98.16 | POSITIVE | CDE has a high relative strength, it outperformed 98.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CDE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.02 | OVERBOUGHT | The high RSI value suggests CDE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CDE has a positive trend. |
| Stochastics (14,3) | 84.55 | OVERBOUGHT | The high Stochastics value suggests CDE may be overbought. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for CDE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.12 | POSITIVE | The high ADX value value for CDE suggests a strong trend. |
22.58
+1.36 (+6.41%)
COEUR MINING INC / CDE FAQ
Can you provide the ChartMill technical rating for COEUR MINING INC?
ChartMill assigns a technical rating of 10 / 10 to CDE.
What is the current trend direction of COEUR MINING INC (CDE) stock?
The current trend direction for COEUR MINING INC (CDE) is Bullish.
Can you provide the RSI signal for COEUR MINING INC?
COEUR MINING INC (CDE) has an RSI value of 72.0201. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for COEUR MINING INC?
The buy/sell signal for COEUR MINING INC (CDE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CDE stock?
COEUR MINING INC (CDE) has a support level at 18.87. Check the full technical report for our detailed analysis of CDE support and resistance levels.