COEUR MINING INC (CDE) Stock Technical Analysis
NYSE:CDE - US1921085049 - Common Stock
12.3 USD
+0.16 (+1.32%)
12.15 USD
-0.15 (-1.22%)
We assign a technical rating of 10 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CDE is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by CDE over the past year are nicely spread over this period.
CDE is one of the better performing stocks in the Metals & Mining industry, it outperforms 82% of 155 stocks in the same industry.
CDE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CDE has a been trading in the 8.56 - 12.33 range, which is quite wide. It is currently trading near the high of this range.
CDE has an average volume of 12230300 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.
CDE 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 resistance zone just above the current price starting at 12.31. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CDE 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.
More info and screens
8.62
12.46
We found 3 important support areas.
- Support @11.25 from a horizontal line in the daily time frame.
- A support zone ranging from 9.58 to 9.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.71 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.31 to 12.34. 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 | 95.07 | POSITIVE | CDE has a high relative strength, it outperformed 95.07% 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) | 72.87 | OVERBOUGHT | The high RSI value suggests CDE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CDE has a positive trend. |
| Stochastics (14,3) | 95.03 | OVERBOUGHT | The high Stochastics value suggests CDE may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for CDE suggests some volalility. |
| Average Directional Index/ADX (14) | 37.36 | 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 |
|---|---|---|---|
| 12.35 | 11.22 | 1.13 (9.15%) | 10.93% |
| An entry @12.35. This is a Buy Stop order right above the resistance zone. | An exit @11.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.13 points, which is 9.15%. | For a 1.00% total portfolio risk, you can invest 10.93% of your capital in this trade. |
- 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.
12.3
+0.16 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.32%
1 Week9.24%
2 Weeks3.71%
1 Month33.7%
3 Month52.23%
6 Month138.84%
12 Month100.33%
2 Year410.37%
3 Year345.65%
5 Year45.39%
10 Year266.07%
15 Year-28.15%
Volatility
ATR(14)0.51
ATR(20)%3.94%
ATR Inc-50.4%
Range Today0.28
ADR(20)0.48
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.07
Mansfield5.56
10 Day High12.33
10 Day Low11.23
20 Day High12.33
20 Day Low8.57
52 Week High12.33
52 Week Low4.58
CS1 End11.25
CR1 Start12.31
Volume & EV
DER(3)4.76%
DER(5)6.14%
Volume9.27M
Volume Incr-35.13%
Vol(5)8.97M
Vol(50)12.23M