Gold mining stock Agnico Eagle Mines Ltd  (NYSE:AEM) is up 1.3% at $117.65 at last glance, brushing off a stronger U.S. dollar as investors favor the greenback amid President Donald Trump’s latest tariff threats. The security sports a 50.3% year-to-date lead and is getting support from the $115 region, after a failed June attempt to conquer its April 21, record high of $126.73. Another shot at that new peak could still be within reach, though, thanks to a historically bullish signal.

According to Schaeffer’s Senior Quantitative Analyst Rocky White, AEM is within one standard deviation of its 80-day moving average. Shares were above this this trendline in at least eight of the last 10 trading days, and spent 80% of the past two months above it. Within these parameters, eight other signals occurred in the last five years, after which the equity was higher one month later 64% of the time, averaging a 4.7% gain.

Options look like an affordable route for those looking to benefit from the security’s next moves. This is per AEM’s Schaeffer’s Volatility Index (SVI) of 34%, which sits in the 13th percentile of its annual range. This indicates options traders are pricing in low volatility expectations.