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Bearish Two Hundred Day Moving Average Cross - AEM

By Market News Video Staff, Thursday, September 15, 11:34 AM ET
Now Playing: Learn About The 200 DMA


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In trading on Thursday, shares of Agnico-Eagle Mines Ltd (NYSE:AEM) crossed below their 200 day moving average of $67.71, changing hands as low as $67.20 per share. Agnico-Eagle Mines Ltd shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of AEM shares, versus its 200 day moving average:

Agnico-Eagle Mines Ltd 200 Day Moving Average Chart

Looking at the chart above, AEM's low point in its 52 week range is $54.19 per share, with $88.20 as the 52 week high point — that compares with a last trade of $67.04.

According to the ETF Finder at ETF Channel, AEM makes up 4.07% of the Gold Miners ETF (AMEX:GDX) which is trading lower by about 2.1% on the day Thursday.

     See what other ETFs contain AEM »
     See what other stocks are held by GDX »

AEM operates in the Precious Metals sector, among companies like Comstock Mining Inc (AMEX:LODE) which is down about 5.3% today, and Solitario Exploration & Royalty Corp (AMEX:XPL) trading lower by about 1.9%. Below is a three month price history chart comparing the stock performance of AEM, versus LODE and XPL.

AEM,LODE,XPL Relative Performance Chart


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This Article's Word Cloud:   AMEX   Agnico   Average   Below   Channel   Comstock   Definition   ETFs   Eagle   Investment   LODE   Mines   Mining   Solitario   Start   Thursday   about   above   asset   average   below   chart   classes   countries   crossed   designed   down   everywhere   flexibility   follow   high   lower   moving   other   performance   point   portfolio   regions   share   shares   short   stock   stocks   today   trading   versus   week   what   which   with
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