INTERNATIONAL TOWER HILL MINES - Weekly - Technical analysis published on 06/30/2020 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.44 USD
My targets
2.24 USD (+24.97%)
3.60 USD (+101.12%)
My analysis
INTERNATIONAL TOWER HILL MINES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.44 USD. The next resistance located at 2.24 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 3.60 USD. After this resistance, buyers could then target 7.80 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTERNATIONAL TOWER HILL MINES price is 1.79 USD. The price is up +22.60% over 5 days and has been traded over the last 5 days between 1.37 USD and 1.65 USD. This implies that the 5 day price is +30.66% from its lowest point and +8.48% from its highest point.1.37
1.65
1.79
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of INTERNATIONAL TOWER HILL MINES in Weekly shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.65 | 0.75 | 1.34 | 1.79 | 3.60 | 7.80 | 10.36 |
Change (%) | -63.69% | -58.10% | -25.14% | - | +101.12% | +335.75% | +478.77% |
Change | -1.14 | -1.04 | -0.45 | - | +1.81 | +6.01 | +8.57 |
Level | Major | Minor | Major | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.32 | 1.38 | 1.52 | 1.58 | 1.72 | 1.78 | 1.92 |
Camarilla | 1.60 | 1.61 | 1.63 | 1.65 | 1.67 | 1.69 | 1.71 |
Woodie | 1.35 | 1.40 | 1.55 | 1.60 | 1.75 | 1.80 | 1.95 |
Fibonacci | 1.38 | 1.46 | 1.51 | 1.58 | 1.66 | 1.71 | 1.78 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.22 | 1.28 | 1.38 | 1.45 | 1.55 | 1.61 | 1.71 |
Camarilla | 1.44 | 1.45 | 1.47 | 1.48 | 1.50 | 1.51 | 1.53 |
Woodie | 1.23 | 1.29 | 1.40 | 1.45 | 1.56 | 1.62 | 1.73 |
Fibonacci | 1.28 | 1.34 | 1.38 | 1.45 | 1.51 | 1.55 | 1.61 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.16 | 0.14 | 0.64 | 0.94 | 1.44 | 1.74 | 2.24 |
Camarilla | 0.91 | 0.98 | 1.06 | 1.13 | 1.20 | 1.28 | 1.35 |
Woodie | -0.07 | 0.19 | 0.73 | 0.99 | 1.53 | 1.79 | 2.33 |
Fibonacci | 0.14 | 0.45 | 0.64 | 0.94 | 1.25 | 1.44 | 1.74 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 84.39 | |
MACD (12,26,9): | 0.2500 | |
Directional Movement: | 40.37 | |
AROON (14): | 64.29 | |
DEMA (21): | 1.18 | |
Parabolic SAR (0,02-0,02-0,2): | 0.78 | |
Elder Ray (13): | 0.50 | |
Super Trend (3,10): | 0.91 | |
Zig ZAG (10): | 1.65 | |
VORTEX (21): | 1.2400 | |
Stochastique (14,3,5): | 87.91 | |
TEMA (21): | 1.41 | |
Williams %R (14): | -0.75 | |
Chande Momentum Oscillator (20): | 1.30 | |
Repulse (5,40,3): | 34.0600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 3.2900 | |
Courbe Coppock: | 417.09 |
MA7: | 1.52 | |
MA20: | 1.34 | |
MA50: | 0.95 | |
MA100: | 0.70 | |
MAexp7: | 1.32 | |
MAexp20: | 0.91 | |
MAexp50: | 0.70 | |
MAexp100: | 0.62 | |
Price / MA7: | +17.76% | |
Price / MA20: | +33.58% | |
Price / MA50: | +88.42% | |
Price / MA100: | +155.71% | |
Price / MAexp7: | +35.61% | |
Price / MAexp20: | +96.70% | |
Price / MAexp50: | +155.71% | |
Price / MAexp100: | +188.71% |
Quotes :
2020-06-30 15:05:38
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15 min delayed data
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NYSE MKT Stocks
News
The last news published on INTERNATIONAL TOWER HILL MINES at the time of the generation of this analysis was as follows:
- International Tower Hill Mines Announces New Paulson Designee for Board
- International Tower Hill Mines Announces Results from 2020 Annual General and Special Meeting of Shareholders
- International Tower Hill Launches Plan To Advance Livengood Gold Project
- International Tower Hill Mines Announces 2020 Work Program And Files 2019 Year-End Financial Results
- International Tower Hill Mines Files 2019 Third Quarter Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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