I-80 GOLD CORP (IAUX) Stock Technical Analysis
NYSEARCA:IAUX - NYSE Arca - CA44955L1067 - Common Stock - Currency: USD
Taking everything into account, IAUX scores 6 out of 10 in our technical rating. In the last year, IAUX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, IAUX is a bad performer in the overall market: 84% of all stocks are doing better.
IAUX is one of the lesser performing stocks in the Metals & Mining industry. 82% of 154 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IAUX has a been trading in the 0.50 - 0.73 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
IAUX has an average volume of 8835610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IAUX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IAUX is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IAUX has an average technical rating and it also does not offer a high quality setup 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
0.48
0.73
When analyzing the support we can see 4 important areas.
- Support @0.52 from a trend line in the weekly time frame.
- A support zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.49 from a horizontal line in the daily time frame.
- Support @0.48 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for IAUX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IAUX is up. |
| ChartMill Relative Strength | 16.11 | NEGATIVE | IAUX has a low relative strength, it was outperformed by 83.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IAUX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAUX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IAUX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.01 | OVERBOUGHT | The high RSI value suggests IAUX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IAUX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests IAUX may be overbought. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for IAUX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.52 | POSITIVE | The high ADX value value for IAUX 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)
0.7183
+0.01 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.81%
1 Week9.08%
2 Weeks16.87%
1 Month31.94%
3 Month-1.12%
6 Month37.92%
12 Month-33.49%
2 Year-68.08%
3 Year-60.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.2%
ATR Inc-12.82%
Range Today0.04
ADR(20)0.04
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.11
Mansfield-1.2
10 Day High0.73
10 Day Low0.59
20 Day High0.73
20 Day Low0.5
52 Week High1.26
52 Week Low0.34
CS1 End0.52
CR1 StartN/A
Volume & EV
DER(3)8.16%
DER(5)13.43%
Volume13.21M
Volume Incr37.18%
Vol(5)12.72M
Vol(50)8.84M