AEMD trade ideas
Strong Momentum and Price Performance $AEMAnalysis of NYSE:AEM Stock Performance
1. Strong Momentum and Price Performance NYSE:AEM exhibits strong momentum characteristics, with the stock price trading above short, medium, and long-term moving averages. Additionally, it has achieved a new 52-week high today, indicating strong bullish sentiment. The RSI (Relative Strength Index) also suggests price strength, reinforcing the stock’s positive momentum.
2. Consistent Outperformance Against the Industry NYSE:AEM has consistently outperformed its industry peers over various timeframes, including 1 week, 3 months, 1 year, and even 10 years. This long-term relative strength makes it an attractive investment within its sector.
3. Growth and Profitability Indicators
The company has shown good quarterly growth in its recent financial results.
Annual profit growth has been higher than the sector’s profit growth.
Net profit growth has been robust, aligning with significant gains in share price.
Revenue has increased consistently every quarter for the past 4 quarters, reflecting strong business expansion.
The company has strong cash-generating ability, with operating cash flow improving over the last two years.
4. Valuation Metrics and Financial Strength
The Price-to-Earnings (PE) ratio is lower than the industry average, suggesting the stock may be undervalued relative to its peers.
The PEG ratio (Price/Earnings to Growth) is lower than the industry PEG, indicating that the stock offers a good balance of price and growth potential.
Book value per share has been improving for the last two years, a positive indicator of financial health.
The company maintains low debt levels, reducing financial risk and ensuring sustainability.
5. Technical and Volume-Based Strength
Stocks near 52-week high with significant volumes indicate continued buying interest.
Volume shockers suggest that the stock has experienced unusual trading activity, which may indicate accumulation by institutional investors.
High momentum scores, with technical indicators above 50, reinforce the stock’s strong trend.
Conclusion NYSE:AEM is a fundamentally strong stock with a combination of growth, profitability, and strong momentum indicators. The stock’s consistent outperformance relative to its industry, low valuation metrics, rising cash flow, and strong financial health make it an attractive investment. Given its technical strength and fundamental resilience, NYSE:AEM appears well-positioned for further upside in the near to medium term.
Hedge against the Bears by buying Agnic Eagle Mines LimitedWatch the video, I basically used technical analysis of MA, RSI and TTM Squuze to determine that the direction is bullish on the daily, weekly, and monthly charts. Then coupled that with a 1.66 R:R ratio according to Gabriel's Kelly-based Risk to Reward Ratio. You can use levearge here such as option since the Implied Volatility is still around the 30% level, for futures you could use 2x etf if there is one I haven't check. Seasonality supports AEM until May 8 so there is a wind to fall back out if it falls with a bullish engulfing candle this Monday.
AEM - LONGAEM - For a trade , also like WELL and PAYX , were secondary names on my list .
But all three are acting great these last few days and all longs taken above a prior days high a rule for me. Pretty max long after this for today , I am risking 0.3% right now per and that's 3 trades , will asses into close , good odds I will exit a few , I want to see at least 0.5 R profit to hold and case by case basis.
Daily looking good entry on 5 , gonna start add screenshot on 5M entries for clarity ..
5/6 name , lacking on RS as its less than 90 Rating rn.
AEM Scenario ( Agnico Eagle Mines Limited )What is the use of a detailed scenario like this anyway? ;-)
Likely it will move in a different way.
But what i see is upside potential with a seasonal bias supporting that view.
Upmove likely to start at the 1.618 extention within this correction we are in right now
(compare to the past corrections)
Have fun!
Leave a like and feel free to comment or chat!
AEM - Head & Shoulder PatternAEM is possibly forming a Head & Shoulder pattern.
Price action is currently under a rising parallel channel that breaks downwards and price eventually breaks parallel channel. If price breaks the parallel channel and $74, it will complete Head & Shoulder pattern.
Once Head & Shoulder pattern is formed, stock price fall is either $ price or percentage difference between Head and neckline. In this case, the projected price fall after completion of Head & Shoulder is likely to be between:
- 63.17 if price drops by 14.50%
- 60.98 if price drops by $12.90
Price is probable to fall by $12.90 to 60.98 because it coincides with:
- Fib retracement level of 0.618 which is a golden ratio
- strong weekly support zone around 61.31
- gap fill is at 59.65
Agnico Eagle Mines Limited (AEM)one weekly chart, the Agnico Eagle Mines Limited witnessed a strong rebound after forming a new higher low at 63.00$. It violated the last peak at 71.51$ during the current week. If it remains above this peak by the end of Friday's session, it will confirm the current uptrend in the medium term, leading to further rises near $76.70 - $80 - $85.50 - $89.25 in the short and medium term.
The stop-loss lies below 68.75$ for short-term investors and below 64.65 - 63 for medium and long-term investors.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
AEM long### Entry Position, Stop Loss, and Take Profit for Agnico Eagle Mines (AEM) Stocks. Entry Point:
- **Entry Point**: $66.60 - $68.05
- **Reason**: The current price is close to the support level at $66.60, as indicated in the technical analysis. This level is where the price is likely to stop falling and start rising.
#### Stop Loss:
- **Stop Loss**: $61.27
- **Reason**: A stop loss 8% below the entry point ($66.60) to limit losses in case the price moves unfavorably.
#### Take Profit:
- **First Take Profit**: $75.00
- **Reason**: This level corresponds to previous highs and can serve as the first resistance level where the price may stop rising.
- **Second Take Profit**: $80.00
- **Reason**: If the price continues to rise, $80.00 may be the next level to take profits.
### Why It's Worth Buying Now:
1. **Technical Signals**:
- **Return to 10-Week Average**: The price is returning to the 10-week average, which is often a positive signal for buying.
- **Rising Relative Strength (RS) Line**: The RS line is rising and surpassing the short-term downtrend, indicating potential further growth.
2. **Fundamental Indicators**:
- **Earnings Growth**: EPS (earnings per share) is expected to be $3.23 this year, with a projected growth of 11% next year.
- **Strong Position in the Gold Market**: Agnico Eagle Mines is one of the leading gold producers, making it attractive in times of market instability and rising gold prices.
3. **Investment Potential**:
- **Safety During Economic Instability**: Gold and gold mining stocks are often reliable assets during economic instability, adding attractiveness for investors.
### Conclusion
Agnico Eagle Mines (AEM) stocks look attractive for purchase at $66.60 - $68.05 with a stop loss at $61.27 and take profits at $75.00 and $80.00. The current technical situation and the company’s fundamental indicators support the idea of buying.
Agnico Eagle Mines: Slowly but surely… 👍Slowly but surely, Agnico is devoting itself to the current downwards pressure. Despite the occasional counter movement, the share should soon reach and break through the support at $31.03. Thus, it should arrive in the yellow zone between $19.10 and $10.08 to complete wave (2) in yellow. As soon as this is done and dusted, Agnico can turn upwards again, climb back above $31.03 and further northwards from there. A 25% chance remains, though, that the share could get dragged above the resistance at $67.14 instead. In that case, we would expect the ascent to continue above $89.16 as well.
AEM Entry, Volume, Target, StopEnter when price clears 59.53
With daily volume greater than 4.42M
Target: 70.00 area
Depending on your risk tolerance: 56.05 gets you 3/1 Risk/Reward but it's almost 8%
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
AEM - 1D - Moving upward in the channelAEM has done a breakout and retest of its weekly support, which is also a breakout of accumulation face. we can easily observe a bullish divergence with good momentum after that. Right now, it is moving in a channel, and it could break out the 51.26 level which is the monthly resistance with the hyper move, or could retest the channel/weekly support. After the breakout of monthly resistance, we may see an accumulation face right after that between 51.26-56.76, which would lead to 61.24-62.96 which is monthly resistance, and Fib level 0.5.
Agnico Eagle Mines: Knock on Wood…🪵… or rather: Knock on the resistance at $45.42. Thrice, Agnico has rapped on this mark, without surmounting it, however. Now, the bears are back in charge and should continue to drag the price below the support at $31.03. There, Agnico should enter the yellow zone between $19.10 and $10.08 to finish wave (2) in yellow. There is a 35% chance, though, that the bulls could intervene and drag the price above the resistance at $74.50, thus enforcing further ascent above $89.16 as well.