
Technical analysis of Agnico Eagle Mines Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Agnico Eagle Mines Limited (AEM.TO) is a gold mining company incorporated in 1953 and headquartered in Toronto, Canada, engaged in the exploration, development, and production of precious metals. The company focuses on gold, silver, copper, and zinc, with mining operations located in Canada, Australia, Finland, and Mexico. Exploration and development activities also extend to Europe, Latin America, and the United States.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
265.89
−1.53%
50 sessions
272.41
−3.88%
200 sessions
262.76
−0.36%
s2
260.41
Support
s1
262.52
Support
pivot
265.12
Pivot
r1
267.23
Resistance
r2
269.83
Resistance
In the October 20, 2026 session Agnico Eagle Mines Limited closed lower at 261.83 , −1.06% versus the previous session.
The price sits below every moving average observed: −1.53% against the 21-session average, −3.88% against the 50 and −0.36% against the 200.
The 14-period RSI reads 47.3, in neutral territory.
MACD stands at -1.887 against a signal line at -1.826: the histogram is negative (−0.060).
ADX reads 14.2, indicating weak directionality.
Levels computed on the latest session place supports at 262.52 and 260.41 and resistances at 267.23 and 269.83 , around a pivot of 265.12.
The average daily range (ATR) is 9.377 , or 3.58% of price.
Turnover was 474.9K shares, 66% of the 20-session average.
Over the last twelve months the price ranged between 188.06 and 309.60 , and today stands −15.43% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
What technical indicators are commonly used to analyze AEM.TO?
For a stock like AEM.TO, trend-following indicators such as simple and exponential moving averages (SMA, EMA), along with momentum indicators like RSI and MACD, are frequently applied to identify trend direction and overbought or oversold conditions. Trading volume is also a key element used to confirm the strength of price movements.
On which timeframes is it useful to observe the chart of a mining stock like AEM.TO?
Technical analysis can be applied across multiple timeframes simultaneously: weekly or monthly charts help identify the long-term trend, while daily or 4-hour charts are commonly used to pinpoint shorter-term setups. A multi-timeframe approach helps place technical signals in a broader context.
What are Elliott Waves and how are they applied to a stock like AEM.TO?
Elliott Wave theory is a technical analysis method that identifies recurring price cycles consisting of five waves in the direction of the main trend followed by three corrective waves. When applied to a stock like AEM.TO, this framework attempts to map price structure in order to anticipate potential expansion or correction phases, taking into account the cyclical nature of commodity-related markets.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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