INTERNATIONAL TOWER HILL MINES
INTERNATIONAL TOWER HILL MINES
- USD (-)
- 15 min delayed data - NYSE MKT Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: THM
ISIN: CA46050R1029

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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
1H Daily

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Volumes

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:

Central Indicators

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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard1.321.381.521.581.721.781.92
Camarilla1.601.611.631.651.671.691.71
Woodie1.351.401.551.601.751.801.95
Fibonacci1.381.461.511.581.661.711.78


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.221.281.381.451.551.611.71
Camarilla1.441.451.471.481.501.511.53
Woodie1.231.291.401.451.561.621.73
Fibonacci1.281.341.381.451.511.551.61


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.160.140.640.941.441.742.24
Camarilla0.910.981.061.131.201.281.35
Woodie-0.070.190.730.991.531.792.33
Fibonacci0.140.450.640.941.251.441.74

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 - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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