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A gap will show on the stock's chart as a break between the prior closing price and the subsequent open price. Small gaps of 1-2% or less are very common while larger gaps are rare and can be very important bullish indicators.

Hecla Mining Co. competes for investment capital with Mines Management Inc. (MGN - Chart - News - Analysis) and Silver Wheaton Corp. (SLW - Chart - News - Analysis) in the Silver industry.

Gaps are important technical signals. Quite often traders will look at the gap as a potential level of support for prices in the future. That means that if prices start to decline in the future there is a likelihood that prices will pause at the gap and begin to rise again.

The same thing is true for gaps to the downside acting as a resistance level when prices climb back up again. Technical analysts feel that news, fundamental information and market sentiment can all be seen within price movements and gaps are a good example of the impact of how economic, industry or corporate events can affect a stock's price.

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