INTL TOWER HILL MINES LTD (THM) Stock Technical Analysis
NYSEARCA:THM - NYSE Arca - CA46050R1029 - Common Stock - Currency: USD
Taking everything into account, THM scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, THM is showing a nice and steady performance.
In the last month THM has a been trading in the 0.83 - 1.09 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
THM is part of the Metals & Mining industry. There are 154 other stocks in this industry. THM outperforms 88% of them.
THM 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 THM is lagging the market slightly.
Looking at the yearly performance, THM did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, THM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.84, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.46
0.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.52 from a trend line in the daily time frame.
- Support @0.48 from a trend line in the weekly time frame.
- Support @0.46 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for THM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for THM is neutral. |
| ChartMill Relative Strength | 96.04 | POSITIVE | THM has a high relative strength, it outperformed 96.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of THM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.31 | NEUTRAL | The RSI value for THM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests THM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.9 | NEUTRAL | The Stochastics value for THM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.41 | HIGH VOLATILITY | The high ATR as a percentage value for THM suggests high volalility. |
| Average Directional Index/ADX (14) | 38.83 | POSITIVE | The high ADX value value for THM 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 |
|---|---|---|---|
| 0.94 | 0.82 | 0.12 (12.74%) | 7.85% |
| An entry @0.94. This is a Buy Stop order right above the resistance zone. | An exit @0.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 12.74%. | When investing 7.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
0.8996
+0.04 (+5.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.15%
1 Week1.67%
2 Weeks1.09%
1 Month6.73%
3 Month87.42%
6 Month88.71%
12 Month80.14%
2 Year122.12%
3 Year43.94%
5 Year-47.7%
10 Year274.83%
15 Year-85.49%
Volatility
ATR(14)0.06
ATR(20)%8.41%
ATR Inc-24.23%
Range Today0.04
ADR(20)0.07
ADR(20)%8.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.04
Mansfield4.33
10 Day High0.96
10 Day Low0.83
20 Day High1.09
20 Day Low0.83
52 Week High1.09
52 Week Low0.4
CS1 End0.84
CR1 Start0.93
Volume & EV
DER(3)-0.7%
DER(5)-0.97%
Volume331.20K
Volume Incr-21.52%
Vol(5)282.02K
Vol(50)443.39K