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AEM Technical Analysis

Agnico Eagle Mines Ltd
$
111.120
-1.440(-1.280%)

AEM Technical Signal Analysis

AEM have 4 buy signals and 2 sell signals now. The current trend is uptrend starting from 2025-04-07. The total price change during this trend is +10.98%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of AEM over last 5 trading day is $370,383,669.07

4 Bullish Signal

vs

2 Bearish Signal

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

4.4

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

2.442

Bullish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 < 20

3.37

Bullish

Williams %R (14 days)

WILLR_14 < -80

-96.455

Bullish

Name

Signal

Value

Meaning

Momentum (10 days)

MOM_10 < 0

-10.965

Bearish

Closing price

close < fibonacci_S1

110.565

Bearish

AEM Support and Resistance Level

The support levels for AEM are at 111.73129666666668, 107.77003666666667, and 101.35816666666668, while the resistance levels are at 124.55503666666667, 128.51629666666668, and 134.92816666666667. With the current stock price at 111.12, it is leaning more toward the support levels.

AEM Technical Analysis

Technical Analysis of AEM Stock

Current Price and Recent Performance

As of the latest data, AEM is trading at $104.43. The stock has shown mixed performance recently, with a slight decline in pre-market (-1.29%) and regular market (-1.02%) but a small gain in post-market (+0.09%).

Key Technical Indicators

  • RSI (14): 63.67 (neutral, not overbought or oversold).
  • MACD: 2.82 (positive, indicating bullish momentum).
  • Stochastic Oscillator: %K (80.10) and %D (84.77) are in overbought territory, suggesting a potential pullback.
  • Fibonacci Levels:
    • Pivot Point: $102.25
    • Resistance Levels: $106.89 (R1), $109.75 (R2)
    • Support Levels: $97.62 (S1), $94.75 (S2)

Volume and Moving Averages

  • Volume: 2,191,686 (moderate trading activity).
  • SMA:
    • 20-day: $105.27
    • 50-day: $103.13
    • 200-day: $92.84

The stock is currently above the 20-day and 50-day moving averages but below the 200-day, indicating a mixed trend.

Price Action and Recommendations

The stock is approaching the first resistance level at $106.89. If it breaks above this level, the next target could be $109.75. However, the Stochastic Oscillator suggests overbought conditions, which may lead to a short-term pullback.

Recommendation:

  • Sell AEM at the current price of $104.43, targeting the next support level at $97.62.
  • Set a stop-loss at $109.75 to protect against potential upside breakout.

This analysis is based on technical indicators and should be used in conjunction with fundamental analysis for a complete view.

AEM FAQs

Which bull technical signals does AEM have?

Bullish technical signals of AEM include: AO_5_34 > 0, MACD_12_26_9 > 0, STOCHRSIk_14_14_3_3 < 20, WILLR_14 < -80.

Which bearish technical signals does AEM have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for AEM stock?

Is AEM a buy based on overall technical signals summary?

AEM Buy or Sell

AEM has 4 buy signals and 2 sell signals now. Overall the technical rating for AEM is Buy.

StrongSellSellNeutralBuyStrongBuy
Buy
Sell
2
Buy
4

AEM Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 111.12 below the SMA_5. In the short term, the stock shows a positive trend with the 115.21899999999997 above the SMA_20. In the mid term, the stock shows a positive trend with the 114.71574999999996 above the SMA_60. In the long term, the stock shows a negative trend with the 105.6969166666666 below the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Negative

SMA_60 Below SMA_200

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