ABCOURT MINES INC -CL B (ABI.CA) Stock Technical Analysis
TSX-V:ABI • CA00288E3005
Overall ABI gets a technical rating of 8 out of 10. ABI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, we notice that ABI is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by ABI over the past year are nicely spread over this period.
- ABI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ABI is lagging the market slightly.
- In the last month ABI has a been trading in the 0.09 - 0.12 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ABI has an average volume of 1848420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ABI is part of the Metals & Mining industry. There are 816 other stocks in this industry, ABI did better than 49% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ABI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.04
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.09 from a trend line in the daily time frame.
- Support @0.07 from a trend line in the daily time frame.
- Support @0.04 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ABI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABI.CA is neutral. |
| ChartMill Relative Strength | 81.57 | POSITIVE | ABI.CA has a high relative strength, it outperformed 81.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.58 | NEUTRAL | The RSI value for ABI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABI.CA has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests ABI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for ABI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for ABI.CA suggests a possible start of a new trend. |
TSX-V:ABI (2/27/2026, 7:00:00 PM)
0.115
+0.02 (+15%)
ABCOURT MINES INC -CL B / ABI.CA FAQ
What is the ChartMill technical rating of ABCOURT MINES INC -CL B (ABI.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to ABI.CA.
What is the current trend direction of ABCOURT MINES INC -CL B (ABI.CA) stock?
The current trend direction for ABCOURT MINES INC -CL B (ABI.CA) is Bearish.
Can you provide the RSI signal for ABCOURT MINES INC -CL B?
ABCOURT MINES INC -CL B (ABI.CA) has an RSI value of 61.5756. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABCOURT MINES INC -CL B?
The short term momentum for ABCOURT MINES INC -CL B (ABI.CA) is neutral.
Can you provide the support and resistance levels for ABCOURT MINES INC -CL B?
ABCOURT MINES INC -CL B (ABI.CA) has a support level at 0.1. Check the full technical report for our detailed analysis of ABI.CA support and resistance levels.