260 completed weekly observations ยท 25 Sep 2026

MEX ยท Equity ยท technical research

KGCN Technicals

Kinross Gold Corporation

Basic Materials ยท Gold

RotationalPrice-technical state

Week ending25 September 2026
-3.8%
Open
520.00
High
520.00
Low
500.00
Close
500.00 MXN
Open chart Market Dynamics Report โ†—
Research for KGCN
Crowd view ยท No votes yet
Crowd view
No votes yet

Price structureRotationalcompleted-week alignment
Momentum52.9Positive
Risk pressure4.4%Normal
Trend quality25.4Directional
Range position45%location inside observed range
Adaptive set6 viewsselected for the current tape

01 ยท Market Dynamics

Price and underlying support

Weekly close ยท published Market Dynamics
Market Dynamics is positive while price has no clear direction

Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.

Preparing Market Dynamics chart Checking the chart library, completed-week data and display size.
Weekly close Supportive Market Dynamics Cautious Market Dynamics Accumulation zone Distribution zone Positioning recovery Reversal warning Reversal danger
Current tape relationship
Sustained positive support

Market Dynamics strengthened this week and remains positive.

Price location
Between zones

Price is travelling between the two major positioning zones.

Latest positioning marker
5 Apr 2024

The green dot marks a confirmed recovery where institutional positioning is most plausible.

Market Dynamics confirmation
Supported

Underlying support has strengthened across the recent completed path.

Chart contextPrice is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.

InterpretationThe underlying condition is constructive, but a positive price response is still required.

Reading the zones and markers

The line shows completed weekly price. Market Dynamics describes the underlying support. Green marks a recovery through the accumulation zone; amber and red identify reversal warnings and danger. Price can stay in the distribution zone while advancing. Read the zones, markers and Market Dynamics together; they do not identify individual trades or prove who is participating.

02 ยท Technical indicators

The price move needs stronger confirmation.

6 selected views ยท 156 observations

Price and its trend references do not yet establish one direction. Trend strength supports a persistent move. Market Dynamics is not fully confirming the price structure; compare both readings before treating the move as broadly supported.

Fast trend reference 485.35 MXNClose +3.0%Slow trend reference 485.54 MXNClose +3.0%Selection adapts to the setup and available history.

Structure

Price and trend

Price500.00

Rotational. Price anchors every interpretation against the same completed observations.

Watch Watch whether price holds its trend references or begins to cross back through them.

Values and chart guide ยท 2026-09-25

Price is shown against fast and slow trend references with its current volatility envelope.

Close
500.00
Fast trend
485.35
Slow trend
485.54
Upper envelope
572.08
Lower envelope
372.68

Available history begins 2023-10-06. Missing observations remain gaps.

Structure

Trend strength and direction

Trend strength25.43

Directional trend. Trend strength helps decide how much weight to put on momentum extremes.

Watch Strength measures persistence, not direction. Compare positive and negative control before interpreting it.

Values and chart guide ยท 2026-09-25

Directional pressure shows which side controls the tape while strength remains direction-neutral.

Trend strength
25.43
Positive direction
52.98
Negative direction
38.24

Available history begins 2023-10-06. Missing observations remain gaps.

Momentum

Momentum change

Impulse expansion9.39

Positive impulse, strengthening. Acceleration can reveal a change before the broader price structure fully responds.

Watch A return through the neutral line deserves attention when trend and participation also change.

Values and chart guide ยท 2026-09-25

The impulse path separates directional acceleration from a loss of momentum.

Impulse
-2.23
Signal
-11.62
Expansion
9.39

Available history begins 2023-10-06. Missing observations remain gaps.

Risk

Drawdown and recovery

Drawdown-23.13%

Recovery still incomplete. Distance below the observed high separates recovery from an established new high.

Watch A recovery can improve while price remains below its former high. Track both parts of the path.

Values and chart guide ยท 2026-09-25

Capital impairment and recovery are shown together so return is not separated from path difficulty.

Drawdown
-23.13
Recovery
21.27

Available history begins 2023-10-06. Missing observations remain gaps.

Leadership

Relative strength

Relative strength0.61

Leading the benchmark. Benchmark context tests whether the move is company leadership or broader market participation.

Watch Watch whether relative strength confirms the absolute trend or continues to disagree.

Values and chart guide ยท 2026-09-25

Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.

Relative strength
0.6097

Available history begins 2023-10-06. Missing observations remain gaps.

Momentum

Momentum

Momentum52.86

Positive pressure. Momentum helps test whether the latest price direction has follow-through.

Watch Watch for pressure to turn with price. A stretched reading alone does not establish a reversal.

Values and chart guide ยท 2026-09-25

Two independent momentum views show whether pressure is broadening, fading or stretched.

Momentum
52.86
Rotation
63.69
Rotation signal
73.37

Available history begins 2023-10-06. Missing observations remain gaps.

More indicators2 additional views from the same history

Risk

Range and volatility

Range pressure4.42%

Ordinary variability. Recent variability puts the size of price moves and reference gaps in context.

Watch Watch whether a range expansion gains directional follow-through or quickly reverses.

Values and chart guide ยท 2026-09-25

Movement pressure and envelope width show whether risk is expanding, settling or compressed.

Range pressure
4.42
Envelope width
42.21

Available history begins 2023-10-06. Missing observations remain gaps.

Structure

Position in the recent range

Range position45.28%

Inside the recent range. Range location is especially useful when a trend is not yet firmly established.

Watch Look for acceptance outside the range or a return toward its middle, supported by momentum.

Values and chart guide ยท 2026-09-25

Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.

Range position
45.28
From high
-17.49
From low
21.27

Available history begins 2023-10-06. Missing observations remain gaps.

03 ยท Scenarios

Conditions to monitor

Possible developments ยท no assigned probabilities
Upward resolution

Price gains acceptance above the range

An advance has stronger context when momentum, participation and Market Dynamics improve together and price holds the new ground.

Continued rotation

Moves return inside the range

Momentum turns without lasting price progress. Keep the range boundaries in view until a direction persists.

Downward resolution

The lower range gives way

A break has stronger context when downside momentum builds and relative strength weakens. Check whether a following completed observation holds below the range.

Sharemaestro tape intelligence

SM gauge assessment

One assessment resolves price structure and Market Dynamics. The supporting views show the control, force, direction and confidence behind it.

100/100 evidence depth
observed participation included
Market Dynamics has stronger support The gauges support the upward view

The completed evidence gives the upward view the clearer support.

SM Consensus Gauge+22.7

Market Dynamics has stronger support

SM Control Gauge+20.9

Buyer control supports the view

SM Force Gauge+79.7

Upward commitment

SM Direction Gauge+16.0

Upward follow-through

SM Confirmation Gauge35/100

Limited support

SM consensus path ยท Market Dynamics display window

SM Consensus Gauge against price

The bars show the direction and strength of the resolved assessment. Completed price is retained as context.

Latest +22.7
Market Dynamics has stronger support
Supportive consensus Cautious consensus Weekly close Neutral

Control

SM Control Gauge

Shows whether buyer or seller control supports the current assessment and whether that support is strengthening or easing.

Current controlBuyer control supports the viewRecent pathBroadly stableLatest 12 months
Buyer controlSeller controlBalanced

Commitment

SM Force Gauge

Shows the strength of market commitment behind the current assessment.

Current forceUpward commitmentRecent pathCommitment is strengtheningLatest 12 months
Positive forceNegative forceActivity intensity

Direction and follow-through

SM Direction Gauge

Shows the directional follow-through behind the current assessment and whether it is established or still developing.

Current directionUpward follow-throughFollow-throughUnsettledLatest 12 months
Advancing directionDeclining directionFollow-through

Assessment strength

SM Confirmation Gauge

Shows how firmly the current assessment is supported. Greater assessment risk reduces the weight of the conclusion.

ConfirmationLimited supportAssessment riskContainedLatest 12 months
SM Confirmation GaugeAssessment risk

05 ยท Historical record

Evidence from previous conditions

Completed cases ยท open cases excluded from outcomes

KGCN ยท current evidence

Current conditions

Treat the improvement as context until price establishes a clear response.

1
NowStronger this week

Market Dynamics strengthened this week and remains positive.

2
Recent directionStrengthened over four weeks

Underlying support has strengthened across the recent completed path.

3
Price responsePrice has no clear direction

Price remains rotational while the Market Dynamics condition develops.

4
Previous cases66.7% moved higher

After 12 weeks across 3 cases. Average move: 19.1%.

What strengthens this viewThe underlying condition is constructive, but a positive price response is still required.What would change itReassess the reading when either price structure or the Market Dynamics state changes materially.

Completed observations

Historical comparisons

Zone visits are counted once and followed through completed weekly closes. Open cases remain separate.

Price relationship Variable relationship
Same-week correlation
0.23
Direction agreed
31.2%
Completed comparisons
157
After accumulation1 distinct visit
4 weeks0.0% higher1 outcome 12 weeks100.0% higher1 outcome 26 weeks100.0% higher1 outcome

Average time before leaving the zone: 26.0 weeks.

After distribution2 distinct visits
4 weeks100.0% lower2 outcomes 12 weeks100.0% lower2 outcomes 26 weeks100.0% lower2 outcomes

Average time before leaving the zone: 1.5 weeks.

When the two readings agreed or differed

Completed outcomes by condition

These cases compare price direction with Market Dynamics and show how large disagreements were resolved.

Price higher ยท Market Dynamics positive 66.7% were higher

Average 12-week move: 6.0% from 6 completed cases.

Price lower ยท Market Dynamics negative 66.7% were lower

Average 12-week move: -7.1% from 6 completed cases.

Price higher ยท Market Dynamics cautious Average pullback 14.7%

50.0% were lower after 12 weeks. The deepest pullback arrived after 5.9 weeks on average.

Price cautious ยท Market Dynamics positive Average recovery 24.4%

66.7% were higher after 12 weeks. The strongest recovery arrived after 8.7 weeks on average.

How to use the reading

Strategy observations from this ticker's own record

The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.

Early repair watch
Prepare the case before price confirms the recovery

In this ticker's completed record, 66.7% of comparable cases moved higher after 12 weeks, with an average move of 19.1% across 3 cases.

ApproachUse the improvement to move the ticker onto a watchlist or define an entry trigger. Commitment should rise only after price responds; fading Market Dynamics cancels the early case.

Review the case whenReassess the reading when either price structure or the Market Dynamics state changes materially.

Zone positioning
Use distribution to protect capital before considering the short case

After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 1.5 weeks on average before leaving the zone.

ApproachReview long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.

Review the case whenA sustained repair in price and Market Dynamics invalidates the downside setup.

Disagreement playbook
Use improving Market Dynamics to prepare, not anticipate

Comparable disagreements produced an average recovery of 24.4% across 3 completed cases, with the largest move arriving after 8.7 weeks on average.

ApproachDefine the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.

Review the case whenThe early repair fails if Market Dynamics fades before price responds.

Historical outcomes describe this ticker's completed record. They do not make the next move certain and are not trading instructions.

Readings describe completed observations. A strong reading is not a forecast, and historical outcomes are not probabilities for the next move. The full record, related research and technical pack remain available for closer review.

Technical research pack โ†—

Evidence context