COEUR MINING INC. - Daily - Technical analysis published on 06/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 3.82 USD
My targets
4.29 USD (+5.15%)
4.56 USD (+11.76%)
My analysis
COEUR MINING INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.82 USD. The next resistance located at 4.29 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.56 USD. After this resistance, buyers could then target 5.17 USD.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COEUR MINING INC. price is 4.08 USD. On the day, this instrument lost -1.45% with the lowest point at 3.98 USD and the highest point at 4.09 USD. The deviation from the price is +2.51% for the low point and -0.24% for the high point.3.98
4.09
4.08
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of COEUR MINING INC. in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.82 | 3.27 | 3.82 | 4.08 | 4.29 | 4.56 | 5.17 |
| Change (%) | -30.88% | -19.85% | -6.37% | - | +5.15% | +11.76% | +26.72% |
| Change | -1.26 | -0.81 | -0.26 | - | +0.21 | +0.48 | +1.09 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.91 | 4.05 | 4.17 | 4.30 | 4.42 | 4.56 | 4.68 |
| Camarilla | 4.22 | 4.24 | 4.27 | 4.29 | 4.31 | 4.34 | 4.36 |
| Woodie | 3.91 | 4.04 | 4.16 | 4.30 | 4.42 | 4.55 | 4.67 |
| Fibonacci | 3.75 | 4.14 | 4.20 | 4.30 | 4.40 | 4.46 | 4.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.78 | 3.07 | 3.63 | 3.92 | 4.48 | 4.77 | 5.33 |
| Camarilla | 3.96 | 4.03 | 4.11 | 4.19 | 4.27 | 4.35 | 4.42 |
| Woodie | 2.91 | 3.14 | 3.77 | 3.99 | 4.61 | 4.84 | 5.47 |
| Fibonacci | 3.07 | 3.39 | 3.60 | 3.92 | 4.24 | 4.45 | 4.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 68.08 | |
| MACD (12,26,9): | 0.2400 | |
| Directional Movement: | 22.90 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 3.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.88 | |
| Elder Ray (13): | 0.26 | |
| Super Trend (3,10): | 3.62 | |
| Zig ZAG (10): | 4.14 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 88.94 | |
| TEMA (21): | 4.12 | |
| Williams %R (14): | -21.15 | |
| Chande Momentum Oscillator (20): | 0.89 | |
| Repulse (5,40,3): | -1.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4500 | |
| Courbe Coppock: | 57.96 |
| MA7: | 4.00 | |
| MA20: | 3.47 | |
| MA50: | 3.37 | |
| MA100: | 4.02 | |
| MAexp7: | 3.97 | |
| MAexp20: | 3.63 | |
| MAexp50: | 3.58 | |
| MAexp100: | 3.88 | |
| Price / MA7: | +2.00% | |
| Price / MA20: | +17.58% | |
| Price / MA50: | +21.07% | |
| Price / MA100: | +1.49% | |
| Price / MAexp7: | +2.77% | |
| Price / MAexp20: | +12.40% | |
| Price / MAexp50: | +13.97% | |
| Price / MAexp100: | +5.15% |
News
The latest news and videos published on COEUR MINING INC. at the time of the analysis were as follows:
- Coeur Appoints Former Nevada Governor Brian E. Sandoval to Board of Directors and Announces Proactive Adoption of Proxy Access to Further Enhance its Best-in-Class Corporate Governance Profile
- Evrim and Coeur Mining commence drilling at Sarape gold-silver project in Sonora, Mexico
- Coeur to Present at Upcoming BMO Global Metals & Mining Conference
- Coeur Reports Fourth Quarter and Full-Year 2018 Results
- Coeur Reports Year-End 2018 Mineral Reserves and Resources
This member declared not having a position on this financial instrument or a related financial instrument.
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