MCEWEN MINING INC (MUX.CA) Stock Technical Analysis
TSX:MUX - Toronto Stock Exchange - US58039P3055 - Common Stock - Currency: CAD
Taking everything into account, MUX scores 7 out of 10 in our technical rating. MUX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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 MUX has a been trading in the 9.62 - 13.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MUX outperforms 56% of them, which is more or less in line with the market.
MUX is part of the Metals & Mining industry. There are 806 other stocks in this industry, MUX did better than 48% of them.
MUX 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 MUX 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.
Although MUX has an excellent technical rating, it 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
9.64
12.98
4 important support areas can be observed.
- Support @11.48 from a horizontal line in the daily time frame.
- A support zone ranging from 10.99 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.14 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.74 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 | NEUTRAL | NEUTRAL | The long term trend for MUX.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUX.CA is up. |
| ChartMill Relative Strength | 56.04 | NEUTRAL | MUX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MUX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.8 | OVERBOUGHT | The high RSI value suggests MUX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MUX.CA has a positive trend. |
| Stochastics (14,3) | 91.89 | OVERBOUGHT | The high Stochastics value suggests MUX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for MUX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for MUX.CA suggests a possible start of a new 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)
TSX:MUX (6/6/2025, 7:00:00 PM)
12.85
+0.19 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.5%
1 Week16.82%
2 Weeks17.67%
1 Month24.15%
3 Month24.88%
6 Month7.89%
12 Month-12.41%
2 Year34.98%
3 Year137.96%
5 Year-6.88%
10 Year7.98%
15 Year-75.94%
Volatility
ATR(14)0.45
ATR(20)%3.13%
ATR Inc44.78%
Range Today0.43
ADR(20)0.36
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.04
Mansfield0.27
10 Day High13
10 Day Low10.77
20 Day High13
20 Day Low9.62
52 Week High15.72
52 Week Low9.13
CS1 End11.48
CR1 StartN/A
Volume & EV
DER(3)-17.5%
DER(5)-17.17%
Volume59.48K
Volume Incr62.8%
Vol(5)55.91K
Vol(50)42.06K