AEM technical analysis

AEM Technical Analysis

Analysis date

August 6, 2026

Market

NYSE (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

AEM Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
AEM
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series165.45August 5, 2026-Verified
Verification series165.45August 5, 20260.00%Verified

Bottom line

AEM Technical Analysis Summary

AEM technical analysis shows Agnico Eagle Mines Ltd at 165.45 after a 9.85% surge on the latest completed daily bar, the strongest gain in the recovery from the July low near 134. Price has climbed back above the daily SMA20 (145.43) and SMA50 (156.70) on volume about 2.19 times the 20-day average, but remains below the daily SMA200 (182.24). The 52-week range is wide, from a low of 128.83 to a high of 254.61 reached in early March, and the current price sits at the 29.11% position of that range. Daily RSI14 at 64.56 is approaching overbought, and the daily MACD histogram has turned positive (+2.78) after a stretch of negative readings. The weekly chart is more cautious: price at 145.27 is below the weekly SMA20 (175.47) and SMA50 (177.38), with RSI14 at 39.53 and a negative MACD histogram of -5.38, though price stays well above the weekly SMA200 (95.19). Support is at 134.38 (20-day low) and then 113.54 (60-week low); resistance is at 166.21 (20-day high), followed by the SMA200 near 182.24 and the 60-day high near 200.15.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Mixed. Price at 165.45 is above SMA20 (145.43) and SMA50 (156.70) but below SMA200 (182.24). The sharp rebound off the July low near 134 has lifted price above the short-term averages, but the 200-day average still caps the advance, leaving the larger structure in a corrective phase after the March high near 255.
Momentum
Improving. RSI14 at 64.56 has moved up from oversold territory and is approaching the 70 overbought threshold. MACD line (-0.82) is above the signal line (-3.60) with a positive histogram (+2.78), the first sustained positive reading after a period of negative momentum, consistent with a recovering short-term bias.
Volatility
Elevated. ATR14 at 6.49, or 3.93% of price, reflects wide daily swings. Bollinger Bands span 133.32 to 157.53, and the latest close at 165.45 is above the upper band, an extension that often follows an explosive move and can lead to short-term mean reversion.
Volume
Well above average. Latest volume of 5,502,000 is about 2.19 times the 20-day average of 2,515,695, confirming strong participation behind the recovery move.

Assessment

The daily chart shows a sharp recovery from the July low. Price reclaimed the SMA20 and SMA50 on above-average volume with a positive MACD crossover. The move is extended relative to the upper Bollinger band, and RSI at 64.56 is approaching overbought, so some consolidation is possible. The immediate test is resistance at the 20-day high of 166.21, then the SMA200 near 182.24. A failure to hold above the SMA50 near 156.70 would shift the short-term bias back to the downside.

Weekly (July 27, 2026 week)

Trend
Mixed. Price at 145.27 is below SMA20 (175.47) and SMA50 (177.38) but well above SMA200 (95.19). The weekly averages still slope in the corrective direction after the March high near 255, while the long-term uptrend remains intact with price above the SMA200.
Momentum
Bearish. Weekly RSI14 at 39.53 sits below the 50 midline. The MACD line (-11.28) is below the signal line (-5.90) with a negative histogram (-5.38), confirming the weekly correction is still in force.
Volatility
High. Weekly ATR14 at 16.89, or 11.63% of price, reflects very wide weekly ranges consistent with the sharp correction from the March highs. Bollinger Bands are wide, spanning 127.56 to 223.38.
Volume
Near average. Latest weekly volume of 12,234,900 is about 96.4% of the 20-week average of 12,688,655, showing the correction has not drawn unusually heavy participation.

Assessment

The weekly chart reflects the larger correction from the March high near 255, with price below the weekly SMA20 and SMA50. The SMA200 at 95.19 remains the key long-term support and price trades well above it, keeping the multi-year uptrend intact. Weekly momentum is still negative, so the daily recovery is not yet confirmed on the weekly timeframe. A weekly close above the SMA20 near 175.47 would mark a meaningful improvement, while a break below the 60-week low at 113.54 would open deeper downside.

Key indicators

AEM Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)64.5639.53
MACD (12, 26, 9)-0.82 / -3.60 / +2.78-11.28 / -5.90 / -5.38
ATR (14)6.49 (3.93%)16.89 (11.63%)
Bollinger Bands (20, 2)133.32 - 157.53127.56 - 223.38
SMA (20)145.43175.47
SMA (50)156.70177.38
SMA (200)182.2495.19

Price structure

AEM Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price165.45145.27
1-Period Return+9.85%+0.10%
5-Period Return+14.55%-7.61%
20-Period Return+14.19%-29.83%
60-Period Return-14.16%+24.30%
252-Period Return+27.10%+218.91%
52-Week Low128.83125.75
52-Week High254.61254.61
52-Week Position29.11%15.15%

Key levels

AEM Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High166.21223.80
20-Period Low134.38134.38
60-Period High200.15254.61
60-Period Low134.38113.54

Scenarios

AEM Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price holds above the SMA50 near 156.70 and closes above the 20-day high at 166.21 on continued volume, extending the recovery toward the SMA200 near 182.24 and the 60-day high near 200.15.

Invalidation

Price fails to hold above 156.70 and falls back below the 20-day low at 134.38.

What to watch

Daily RSI holding above 60; the MACD histogram staying positive; volume remaining above the 20-day average; a weekly close above the SMA20 near 175.47 would strengthen the signal.

Range-Bound

Trigger

Price oscillates between support at 134.38 (20-day low) and resistance at 166.21 (20-day high), working off the extended daily move.

Invalidation

A decisive break above 166.21 or below 134.38 on above-average volume.

What to watch

Daily RSI staying between 45 and 65; the MACD histogram flattening near zero; volume easing after the spike; the upper Bollinger band pulling back toward price.

Bearish

Trigger

Price fails near the 166 to 167 area, loses the SMA50 near 156.70 and then the 20-day low at 134.38, resuming the larger correction from the March high.

Invalidation

Price reclaims and holds above the SMA20 near 145.43 and resumes making higher lows.

What to watch

Daily RSI falling below 50; the MACD histogram turning negative; rising volume on down days; a break below the 60-week low at 113.54 would signal a more serious decline.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.