The chart of Coeur Mining, Inc. (CDE) reflects a shift to bearish price action in the short term. Recently closing at 17.65, the stock has pulled back from its 52-week high of 27.77, trading within a day's range of 17.58-18.44. Medium-term analysis shows CDE breaking below the floor of a rising trend channel, indicating reduced buying pressure and a slower rate of increase. This breakdown aligns with a double top formation after failing support at 19.11, pointing to potential further downside. Over the past 50 days, the stock has declined sharply by 26.64%, contrasting its robust longer-term uptrend.
All simple and exponential moving averages for CDE signal sell, with the stock price below these levels. The 5-day SMA stands at 17.91, 20-day at 17.71, 50-day at 18.29, 100-day at 19.09, and 200-day at 18.83. Exponential MAs confirm this bearish alignment, with the 50-day EMA at 18.28 and 200-day at 19.33. Barchart data shows the 20-day MA at 19.19 and 50-day at 20.48, further emphasizing the downward pressure as price trades well below these averages.
Momentum indicators for CDE lean bearish. The RSI(14) reads 42.99, in sell territory but approaching neutral. Stochastic %K (9,6) at 40.92 also signals sell, while MACD(12,26) at -0.11 confirms downward momentum. CCI(14) at -85.58 and Williams %R at -77.61 indicate oversold conditions near-term, with ADX(14) at 16.19 showing low trend strength. Barchart's 14-day RSI at 41.50 and 20-day at 43.05 support this weakening picture, with stochastics in the low 20s.
Pivot points highlight tight near-term levels for CDE. Classic pivots show S1 at 17.63, S2 at 17.51, S3 at 17.28; R1 at 17.99, R2 at 18.22, R3 at 18.34. Fibonacci levels are similar, with S1 at 17.73 and R2 at 18.09. Broader chart structure identifies support at 16.78 and 14.00, with resistance at 23.00. A break below 16.78 could target 13.69.
Trading volume for CDE remains elevated, with 5-day average at 19.5 million shares and 20-day at 17.9 million, above longer-term norms. Recent 5-day volume balance is positive at 5.05, but 66-day at -7.62 suggests selling pressure building over the quarter. Volatility is high at 11.71% over 5 days and 34.70% over 22 days.
Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to analyze vast datasets including technical indicators, price patterns, and historical trends for stocks and ETFs like CDE. These signals identify potential buy or sell opportunities by recognizing recurring market behaviors, trend continuations, and reversal setups. Traders rely on them to pinpoint entry/exit points, validate chart signals, and enhance decision-making in volatile environments. Updated daily, they provide an objective layer to traditional analysis. Explore the signals to see how AI interprets CDE’s current setup.
Traders are monitoring CDE for a potential test of support near 17.51-16.78, where increased volume could confirm further downside or a rebound. Resistance at 17.99-18.22 and the 50-day MA around 18.29 will be critical for any short-term recovery. Watch RSI for oversold bounces below 30, MACD for histogram shifts, and price action around pivot levels. A close above 18.34 could signal stabilization, while a breakdown below 17.28 targets lower supports.
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A.I.dvisor indicates that over the last year, CDE has been closely correlated with PAAS. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDE jumps, then PAAS could also see price increases.
| Ticker / NAME | Correlation To CDE | 1D Price Change % |
|---|---|---|
| CDE | 100% | -9.23% |
| CDE (24 stocks) | 82% Closely correlated | -7.40% |
| Precious Metals (313 stocks) | 82% Closely correlated | -3.21% |