COEUR MINING INC. - Daily - Technical analysis published on 03/05/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 4.90 USD
My targets
4.33 USD (-5.46%)
3.47 USD (-24.30%)
My analysis
COEUR MINING INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.90 USD. The next support located at 4.33 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.47 USD. Below this support, sellers could then target 3.35 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.8
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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. rating is 4.58 USD. The price registered an increase of +1.33% on the session and was between 4.37 USD and 4.64 USD. This implies that the price is at +4.81% from its lowest and at -1.29% from its highest.4.37
4.64
4.58
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of COEUR MINING INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 3.35 | 4.33 | 4.58 | 4.90 | 6.28 | 7.29 |
| Change (%) | -38.43% | -26.86% | -5.46% | - | +6.99% | +37.12% | +59.17% |
| Change | -1.76 | -1.23 | -0.25 | - | +0.32 | +1.70 | +2.71 |
| Level | Minor | Major | Major | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.55 | 3.89 | 4.20 | 4.54 | 4.85 | 5.19 | 5.50 |
| Camarilla | 4.34 | 4.40 | 4.46 | 4.52 | 4.58 | 4.64 | 4.70 |
| Woodie | 3.55 | 3.88 | 4.20 | 4.53 | 4.85 | 5.18 | 5.50 |
| Fibonacci | 3.89 | 4.14 | 4.29 | 4.54 | 4.79 | 4.94 | 5.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.63 | 2.77 | 3.47 | 4.61 | 5.31 | 6.45 | 7.15 |
| Camarilla | 3.65 | 3.82 | 3.99 | 4.16 | 4.33 | 4.50 | 4.67 |
| Woodie | 1.40 | 2.66 | 3.24 | 4.50 | 5.08 | 6.34 | 6.92 |
| Fibonacci | 2.77 | 3.48 | 3.91 | 4.61 | 5.32 | 5.75 | 6.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.65 | 2.29 | 3.22 | 4.86 | 5.79 | 7.43 | 8.36 |
| Camarilla | 3.45 | 3.69 | 3.92 | 4.16 | 4.40 | 4.63 | 4.87 |
| Woodie | 0.31 | 2.11 | 2.88 | 4.68 | 5.45 | 7.25 | 8.02 |
| Fibonacci | 2.29 | 3.27 | 3.88 | 4.86 | 5.84 | 6.45 | 7.43 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.80 | |
| MACD (12,26,9): | -0.4900 | |
| Directional Movement: | -14.76 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 4.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.20 | |
| Elder Ray (13): | -0.53 | |
| Super Trend (3,10): | 5.41 | |
| Zig ZAG (10): | 4.58 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 26.20 | |
| TEMA (21): | 4.45 | |
| Williams %R (14): | -74.32 | |
| Chande Momentum Oscillator (20): | -1.40 | |
| Repulse (5,40,3): | 0.4800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8800 | |
| Courbe Coppock: | 47.08 |
| MA7: | 4.59 | |
| MA20: | 5.52 | |
| MA50: | 6.24 | |
| MA100: | 6.16 | |
| MAexp7: | 4.72 | |
| MAexp20: | 5.30 | |
| MAexp50: | 5.85 | |
| MAexp100: | 5.90 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | -17.03% | |
| Price / MA50: | -26.60% | |
| Price / MA100: | -25.65% | |
| Price / MAexp7: | -2.97% | |
| Price / MAexp20: | -13.58% | |
| Price / MAexp50: | -21.71% | |
| Price / MAexp100: | -22.37% |
News
The latest news and videos published on COEUR MINING INC. at the time of the analysis were as follows:
- Coeur Reports Fourth Quarter and Full-Year 2019 Production and Sales Results
- Coeur Provides 2019 Exploration Update
- Coeur Reports Third Quarter 2019 Production and Sales Results
- Coeur Provides Update on Ownership Position in Metalla
- Coeur to Present at the Denver Gold Forum
This member declared not having a position on this financial instrument or a related financial instrument.
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