COEUR MINING INC (CDE) Stock Technical Analysis
NYSE:CDE - New York Stock Exchange, Inc. - US1921085049 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CDE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CDE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CDE is one of the better performing stocks in the Metals & Mining industry, it outperforms 76% of 154 stocks in the same industry.
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.
CDE has an average volume of 15313400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CDE did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month CDE has a been trading in the 8.46 - 9.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CDE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.70, a Stop Loss order could be placed below this zone.
More info and screens
5.38
9.70
2 important support areas can be observed.
- A support zone ranging from 8.70 to 8.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.16 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.60 to 9.60. 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 CDE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CDE is up. |
| ChartMill Relative Strength | 91.89 | POSITIVE | CDE has a high relative strength, it outperformed 91.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CDE is above a declining 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) | 54.29 | NEUTRAL | The RSI value for CDE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CDE has a negative trend. |
| Stochastics (14,3) | 68.03 | NEUTRAL | The Stochastics value for CDE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for CDE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.36 | POSITIVE | The high ADX value value for CDE suggests a strong 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)
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 |
|---|---|---|---|
| 9.25 | 8.69 | 0.56 (6.05%) | 16.52% |
| An entry @9.25. This is a Buy Stop order right above the resistance zone. | An exit @8.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 6.05%. | When investing 16.52% 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 CDE. 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.
9.15
-0.28 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.97%
1 Week3.51%
2 Weeks3.27%
1 Month-1.19%
3 Month51.74%
6 Month48.06%
12 Month45.47%
2 Year197.08%
3 Year185.05%
5 Year15.38%
10 Year159.21%
15 Year-39.92%
Volatility
ATR(14)0.41
ATR(20)%4.19%
ATR Inc19.75%
Range Today0.41
ADR(20)0.36
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.89
Mansfield2.75
10 Day High9.97
10 Day Low8.7
20 Day High9.97
20 Day Low8.46
52 Week High9.97
52 Week Low4.57
CS1 End8.7
CR1 Start9.16
Volume & EV
DER(3)-1.99%
DER(5)-1.25%
Volume9.27M
Volume Incr-15.46%
Vol(5)10.99M
Vol(50)15.31M