In the meantime, A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Neutral”. Jefferies began covering AEM with “Hold” recommendation on February 29, 2024.
Price Performance Review of AEM
On Monday, Agnico Eagle Mines Ltd [NYSE:AEM] saw its stock jump 1.60% to $123.47. Over the last five days, the stock has gained 4.95%. Agnico Eagle Mines Ltd shares have risen nearly 57.87% since the year began. Nevertheless, the stocks have risen 97.58% over the past one year. While a 52-week high of $125.94 was reached on 04/21/25, a 52-week low of $61.56 was recorded on 01/02/25. SMA at 50 days reached $103.79, while 200 days put it at $87.02.
Levels Of Support And Resistance For AEM Stock
The 24-hour chart illustrates a support level at 120.92, which if violated will result in even more drops to 118.36. On the upside, there is a resistance level at 126.39. A further resistance level may holdings at 129.31. The Relative Strength Index (RSI) on the 14-day chart is 74.87, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 10.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.27%. Stochastics %K at 87.14% indicates the stock is a selling.
How much short interest is there in Agnico Eagle Mines Ltd?
A steep rise in short interest was recorded in Agnico Eagle Mines Ltd stocks on 2025-03-31, growing by 0.22 million shares to a total of 6.62 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.4 million shares. There was a rise of 3.37%, which implies that there is a positive sentiment for the stock.
