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|Relative Strength Alert For Agnico Eagle Mines (AEM.CA)
Thursday, March 12, 12:17 PM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Agnico Eagle Mines Breaks Above 200-Day Moving Average - Bullish for AEM.CA
Tuesday, April 14, 10:41 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Agnico Eagle Mines Ltd (AEM.CA) crossed above their 200 ...
Cash Dividend On The Way From Agnico Eagle Mines (AEM.CA)
Wednesday, May 27, 10:20 AM ET, by Market News Video Staff
On 5/29/20, Agnico Eagle Mines Ltd (AEM.CA) will trade ex-dividend, for its quarterly dividend of ...
Reminder - Agnico Eagle Mines (AEM.CA) Goes Ex-Dividend Soon
Wednesday, August 26, 10:01 AM ET, by Market News Video Staff
On 8/28/20, Agnico Eagle Mines Ltd (AEM.CA) will trade ex-dividend, for its quarterly dividend of ...
Agnico Eagle Mines (AEM.CA) Shares Cross Below 200 DMA
Thursday, November 19, 10:45 AM ET, by Market News Video Staff
In trading on Thursday, shares of Agnico Eagle Mines Ltd (AEM.CA) crossed below their 200 ...
RSI Alert: Agnico Eagle Mines (AEM.CA) Now Oversold
By Canada Stock Channel Staff, Tuesday, February 23, 12:05 PM ET
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Tuesday, shares of Agnico Eagle Mines Ltd (TSE:AEM.CA) entered into oversold territory, hitting an RSI reading of 29.8, after changing hands as low as $75.56 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 55.3. A bullish investor could look at AEM.CA's 29.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AEM.CA shares:
Looking at the chart above, AEM.CA's low point in its 52 week range is $43.25 per share, with $117.20 as the 52 week high point — that compares with a last trade of $76.99. Find out what 9 other oversold stocks you need to know about »
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