Call implied volatility and RSI level
As of October 27, 2017, First Majestic (AG), Franco-Nevada (FNV), Coeur Mining (CDE), and Harmony Gold (HMY) had implied volatility readings of 54.6%, 25.5%, 46.7%, and 53.3%, respectively. These stocks’ RSI levels have recovered recently. AG, FNV, CDE, and HMY have RSI scores of 24.5, 47.8, 12.3, and 31.1, respectively.
During the past 30 trading days, only Franco-Nevada has a positive return of 1.3%. First Majestic, Coeur Mining, and Harmony have a loss of 5.5%, 17%, and 3.9%, respectively, during the same timeframe. The past month has also been negative for precious metals, as the dollar has been rising and news of a possible interest rate hike has caught investors’ attention.