THM Stock Forecast and Technical Analysis
Sell candidate since 2020-02-25 PDF
International Tower Hill Mines Ltd(USA] fell by -7.49% in the last day ( Tuesday, 25th Feb 2020 ) from $0.56 to $0.52 During the day the stock fluctuated 14.94% from a day low at $0.52 to a day high of $0.60. The price has risen in 6 of the last 10 days , but is still down by -5.45% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -394 151 shares and in total 159 241 shares bought and sold for approximately $82 805.30.
THM Stock Price Summary
- 30 day high of the THM stock price was $0.60 and low was $0.51.
- 90 day high was $0.60 and low was $0.50.
- 52 week high for International Tower Hill Mines Ltd(USA] - $0.72 and low - $0.42.
International Tower Hill Mines Ltd(USA] lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. A break down the bottom trend line at $0.52 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.86% during the next 3 months and, with 90% probability hold a price between $0.53 and $0.59 at the end of this period.
There are few to no technical positive signals at the moment. International Tower Hill Mines Ltd(USA] holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $0.53 and $0.54. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday February 24, 2020, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
THM Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 45 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
THM Support & Resistance
International Tower Hill Mines Ltd(USA] finds support from accumulated volume at $0.52.
THM Stock Risk
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
6.27 %Average volatility
Very Low Low Medium High Very High
THM Stock Evaluation
The International Tower Hill Mines Ltd(USA] stock holds several negative signals and despite the positive trend we believe International Tower Hill Mines Ltd(USA] will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Sell Candidate candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
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