Should You Buy Avino Silver & Gold Mines Ltd (ASM) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner, long-term investor at the current pre-market price (~10.56). The stock is in a strong uptrend but extremely overbought (RSI ~95) and trading near a key resistance zone (R2 ~10.71), while the most recently published Avino-focused price targets skew lower than the current price (7.25–8.75 from Roth/Alliance) with only one notably higher outlier (12.50 from H.C. Wainwright). With no proprietary Intellectia buy signals today and sentiment/trading flows neutral, the risk/reward at this exact level looks unfavorable versus waiting for a pullback or consolidation.
Technical Analysis
Trend is bullish but stretched. MACD histogram is positive and expanding (0.353), and moving averages are strongly bullish (SMA_5 > SMA_20 > SMA_200), confirming an ongoing uptrend. However, RSI_6 is ~94.94 (extremely overbought), which often coincides with near-term pullback risk or sideways consolidation. Price is also pressing into resistance: R1 ~9.753 has likely been cleared and the next resistance is R2 ~10.711, close to the current pre-market price (~10.558). Key pivot support is ~8.203 (meaning a deeper mean-reversion could be meaningful if momentum cools). Pattern-based odds provided are modest (next day +1.63%, next week +2.62%, next month +1.32%), not strong enough to justify chasing an overbought move.
Intellectia Proprietary Trading Signals:
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
