Mcewen Mining Stock Forecast

Buy or Hold candidate since Aug 04, 2026 Gain 2.79%

No changes to the price of McEwen Mining Inc stock on the last trading day (Monday, 10th Aug 2026). During the last trading day the stock fluctuated 1.56% from a day low at $18.96 to a day high of $19.25. The price has risen in 5 of the last 10 days and is up by 10.35% over the past 2 weeks.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $20.22 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -23.00% during the next 3 months and, with a 90% probability hold a price between $11.40 and $15.57 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

MUX Signals & Forecast

The McEwen Mining Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.59 and $17.86. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, July 17, 2026, and so far it has risen 17.23%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days.

Support, Risk & Stop-loss for McEwen Mining Inc stock

McEwen Mining Inc finds support from accumulated volume at $18.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.295 between high and low, or 1.56%. For the last week, the stock has had daily average volatility of 4.94%.

Our recommended stop-loss: $18.34 (-4.44%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (MUX) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect McEwen Mining Inc to open at $19.13, and during the day (based on 14 day Average True Range), to move between $18.66 and $19.72, which gives a possible trading interval of +/-$1.06 (+/-5.67%) up or down from last closing price. If McEwen Mining Inc takes out the full calculated possible swing range there will be an estimated 5.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $19.38 (0.99%) than the support at $18.28 (4.74%), 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 McEwen Mining Inc stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.909 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - $19.13 ( 0.304%).

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