IVANHOE MINES LTD. (IVN.TO

Today, we are going to highlight Ivanhoe Mines Ltd (IVN.TO). The SIA Platform issued a Red Unfavored signal back on January 8, 2025, at a price of $16.92. The earlier signal of a Neutral Zone with a negative SMAX occurred on November 13, 2024, at a price of $17.53. Since then, the shares have continued to weaken further and remain heavily entrenched at the bottom of the Red Unfavored Zone with a closing price at $10.23. The current price represents a 65% drop since the red unfavored rating, and a 71% drop since the earlier Neutral Zone with Red SMAX rating. This example highlights the logic behind staying away from investments which are not exhibiting any relative strength.

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