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AEM Stock Forecast & Agnico Eagle Mines Chart Analysis

This article provides a detailed analysis of AEM-Agnico Eagle Mines stock including a forecast for AEM shares. It features Agnico Eagle Mines Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

AEM Historical Data Review

AEM Current Price Performance Analysis

The Agnico Eagle Mines - AEM stock traded on the American stock market, on 06-05-2024, closed at 66.1$ with a %1.66 increased compared to the previous day.

In the last month, the price of AEM changed by %-0.05 decreased in value, from 66.13 dollars on 05-06-2024 to 66.1 dollars, decreased.

Last year, the price of AEM was 52.02 dollars on 06-06-2023, and changed by %27.07 increased in value, to 66.1 dollars increased within a year.

The price of Agnico Eagle Mines stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

AEM with AI Stock Forecast & Price Target

AEM stock forecast Agnico Eagle Mines price target

On the AEM chart Agnico Eagle Mines price was recorded as 66.1 Dollars on 06/05/2024.

The artificial intelligence's forecast on AEM stock is as follows.

The artificial intelligence's prediction error margin for AEM stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Agnico Eagle Mines stock over the next 4 months is: 62.8 Dollars.

The commentary on AEM stock Target Price: Highest: 69.292 Dollars is predicted.

The commentary on AEM stock Target Price: Lowest: 57.838 Dollars is predicted.

Resistance Price where Agnico Eagle Mines stock will Rise and Fall:

Date Price Prediction
06-20-2024 66.273
09-18-2024 69.292
12-12-2024 63.761
02-20-2025 64.873

Support Price where Agnico Eagle Mines stock will Fall and Rise:

Date Price Prediction
08-09-2024 58.318
11-07-2024 60.500
01-16-2025 61.432
04-01-2025 57.838

The commentary on AEM stock: The target price can generally be said to be on the decline.

The commentary on AEM stock: Fluctuations in the target price can be expected in the coming days.

The target price for Agnico Eagle Mines stock by the end of 2024 is predicted to be 62.972 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on AEM stock, and the 2024 target price predictions for Agnico Eagle Mines are detailed above.

The technical analysis and charts for the commentary on AEM stock are below.

AEM Support & Resistance and Trend Analysis

AEM review Agnico Eagle Mines technical analysis trend chart AEM priceAEM stock support and resistance price chart

AEM stock you have reviewed the technical analysis support resistance charts regarding.

AEM : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the AEM review, the Agnico Eagle Mines support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Agnico Eagle Mines Support and Resistance Prices:

AEM Support Level Price AEM Resistance Level Price
44.37 49.74
46.01 51.63
46.49 54.92
47.73 55.10
47.82 55.83
48.68 56.43
49.96 59.77
54.02 64.19
60.15 65.49
61.56 68.20
64.73 69.29
66.72 71.50

AEM Technical Analysis: SMA, RSI, MACD

AEM review Agnico Eagle Mines SMA chart analysis AEM priceAEM buy or sell review Agnico Eagle Mines MACD chart analysis AEM price

Upon reviewing the AEM chart, buy and sell signals have been generated in the Agnico Eagle Mines technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for AEM stock are as follows:
  1. The technical analysis for AEM indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for Agnico Eagle Mines indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Agnico Eagle Mines stock: Click here to read more predictions on Rogers Communications stock.

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