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 AUMN
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High volatility in Golden Minerals Company stock price on Thursday which ended trading at $0.420
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Golden Minerals Company stock price gained 33.83% on the last trading day (Thursday, 28th Mar 2024), rising from $0.314 to $0.420. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 39.39% from a day low at $0.330 to a day high of $0.460. The price has risen in 6 of the last 10 days and is up by 29.65% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $582.65 thousand.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $0.358, a level that may pose a second chance to hit a runner. According to fan-theory $0.473 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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AUMN Signals & Forecast

The Golden Minerals Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.317 and $0.404. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 59.18%. 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). Golden Minerals Company has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Golden Minerals Company stock

Golden Minerals Company finds support from accumulated volume at $0.420 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.130 between high and low, or 39.39%. For the last week, the stock has had daily average volatility of 14.43%.

Our recommended stop-loss: $0.404 (-3.94%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (AUMN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Golden Minerals Company to open at $0.403, and during the day (based on 14 day Average True Range), to move between $0.377 and $0.463, which gives a possible trading interval of +/-$0.0431 (+/-10.25%) up or down from last closing price. If Golden Minerals Company takes out the full calculated possible swing range there will be an estimated 20.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.420 (0.02%) than the resistance at $0.450 (7.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Golden Minerals Company stock A Buy?

Golden Minerals Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Golden Minerals Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.403 ( 3.98%) $0.420

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

Trading levels for AUMN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.533 26.97 %
R2 0.484 15.14 %
R1 0.453 7.84 %
Current price: 0.420
Support S1 0.354 -15.80 %
S2 0.323 -23.11 %
S3 0.273 -34.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.524 24.74 %
R2 0.520 23.81 %
R1 0.450 7.12 %
Current price 0.420
Support S1 0.420 -0.0193%
S2 0.385 -8.35%
S3 0.316 -24.78%

FAQ

What is the symbol for Golden Minerals Company Stock and on which exchange is it traded?
The symbol for Golden Minerals Company is AUMN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Golden Minerals Company Stock?
Golden Minerals Company holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Hold/Accumulate candidate.

How to buy Golden Minerals Company Stock?
Golden Minerals Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Golden Minerals Company Stock.

What's the current price of Golden Minerals Company Stock?
As of the end of day on the 2024-03-28, the price of an Golden Minerals Company (AUMN) share was $0.420.

What is the 52-week high and low for Golden Minerals Company Stock?
The 52-week high for Golden Minerals Company Stock is $2.58 and the 52-week low is $0.101.

What is the market capitalization of Golden Minerals Company Stock?
As of the 2024-03-28, the market capitalization of Golden Minerals Company is 6.122M.

When is the next earnings date for Golden Minerals Company?
The upcoming earnings date for Golden Minerals Company is May 08, 2024.
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About Golden Minerals Company

Golden Minerals Company Golden Minerals Company, a precious metals exploration company, mines, constructs, and explores for mineral properties containing precious metals. It explores for gold, silver, zinc, lead, and other minerals. The company holds a 100% interest in the Rodeo gold mine situated in Durango State, Mexico; and a 100% interest in the Velardeña and Chicago gold-silver mining properties and associated oxide and sulfide processing plants located in the Sta... AUMN Profile

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