RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CHN.AX
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On Thursday, Chalice Gold Mines Limited stock price gained an impressive 7.46%
(Updated on Mar 28, 2024)

Sell candidate since Mar 22, 2024 Loss -4.00% PDF

The Chalice Gold Mines Limited stock price gained 7.46% on the last trading day (Thursday, 28th Mar 2024), rising from $1.01 to $1.08. During the last trading day the stock fluctuated 7.77% from a day low at $1.03 to a day high of $1.11. The price has fallen in 6 of the last 10 days and is down by -10% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $4.60 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -12.37% during the next 3 months and, with a 90% probability hold a price between $0.676 and $1.13 at the end of this 3-month period.

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CHN.AX Signals & Forecast

There are mixed signals in the stock today. The Chalice Gold Mines Limited stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.12. On a fall, the stock will find some support from the short-term average at $1.08. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -18.80%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Chalice Gold Mines Limited stock

Chalice Gold Mines Limited finds support from accumulated volume at $1.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0800 between high and low, or 7.77%. For the last week, the stock has had daily average volatility of 5.87%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CHN.AX) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Chalice Gold Mines Limited to open at $1.07, and during the day (based on 14 day Average True Range), to move between $1.00 and $1.16, which gives a possible trading interval of +/-$0.0813 (+/-7.52%) up or down from last closing price. If Chalice Gold Mines Limited takes out the full calculated possible swing range there will be an estimated 15.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.13 (4.17%) than the support at $1.03 (4.63%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Chalice Gold Mines Limited stock A Buy?

Chalice Gold Mines Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.930 Sell Candidate Unchanged

Predicted Opening Price for Chalice Gold Mines Limited of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
$1.07 ( 0.617%) $1.08

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CHN.AX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.15 6.79 %
R2 1.12 3.96 %
R1 1.10 2.21 %
Current price: 1.08
Support S1 1.04 -3.45 %
S2 1.02 -5.20 %
S3 0.99 -8.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.22 12.96 %
R2 1.13 4.63 %
R1 1.13 4.17 %
Current price 1.08
Support S1 1.03 -4.63%
S2 1.02 -5.56%
S3 1.01 -6.48%

CHN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 23, 2018 Nov 29, 2018 Dec 07, 2018 $0.0400 33.33%
2 Sep 24, 2012 Dec 04, 2012 Dec 14, 2012 $0.100 47.62%

FAQ

What is the symbol for Chalice Gold Mines Limited Stock and on which exchange is it traded?
The symbol for Chalice Gold Mines Limited is CHN.AX and it is traded on the ASX (Australian Securities Exchange).

Should I buy or sell Chalice Gold Mines Limited Stock?
Chalice Gold Mines Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Chalice Gold Mines Limited Stock?
Chalice Gold Mines Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Chalice Gold Mines Limited Stock.

What's the current price of Chalice Gold Mines Limited Stock?
As of the end of day on the 2024-03-28, the price of an Chalice Gold Mines Limited (CHN.AX) share was $1.08.

What is the 52-week high and low for Chalice Gold Mines Limited Stock?
The 52-week high for Chalice Gold Mines Limited Stock is $8.20 and the 52-week low is $0.86.

What is the market capitalization of Chalice Gold Mines Limited Stock?
As of the 2024-03-28, the market capitalization of Chalice Gold Mines Limited is 420.08M.

When is the next earnings date for Chalice Gold Mines Limited?
The upcoming earnings date for Chalice Gold Mines Limited is Jul 24, 2024.
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About Chalice Gold Mines Limited

Chalice Gold Mines Limited Chalice Mining Limited operates as a mineral exploration company. The company explores for gold, copper, cobalt, palladium, and nickel deposits. Its flagship properties include the Julimar Nickel-Copper-Platinum group element project that covers an area of approximately 2,000 square kilometers located in Avon Region, Western Australia; and the Pyramid Hill gold project, which covers an area of approximately 5,700 square kilometers located in Bend... CHN.AX Profile

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