Gold stocks have risen, even after the Federal Reserve decided to keep interest rates unchanged. So it wasn’t surprising to find a few gold mining stocks filtered in my StockCharts Technical Rank (SCTR) scan. (This scan was created using StockCharts’ Advanced Scan Workbench and can be found at the end of the article for reference.) I selected Alamos Gold, Inc. (AGI), a gold mining stock in the materials sector for further analysis. Gold mining stocks have been rising, as have gold prices, and, with AGI trading at around $21, the stock is worth considering as an addition to a portfolio. A Deep Dive Into Alamos Gold AGI has had an interesting run since late 2022, after it broke out of a shallow downward-sloping sideways range. The stock rode higher, moved sideways for almost a year, and then continued its upward trend. It pulled back again from late October 2024 to…
