ABCOURT MINES INC -CL B (ABI.CA) Stock Technical Analysis
TSX-V:ABI - CA00288E3005 - Common Stock
0.07 CAD
0 (-6.67%)
We assign a technical rating of 10 out of 10 to ABI. Both in the recent history as in the last year, ABI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ABI is one of the better performing stocks in the market, outperforming 80% of all stocks.
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 0.04 - 0.08 range, which is quite wide. It is currently trading near the high of this range.
ABI has an average volume of 1016220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABI is an average performer in the Metals & Mining industry, it outperforms 59% of 791 stocks in the same industry.
Although ABI has an excellent technical rating, it does not offer a high quality setup 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
0.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.05 from a horizontal line in the daily time frame.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for ABI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABI.CA is up. |
| ChartMill Relative Strength | 80.72 | POSITIVE | ABI.CA has a high relative strength, it outperformed 80.72% 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) | 54.54 | NEUTRAL | The RSI value for ABI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ABI.CA has a negative trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for ABI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.64 | HIGH VOLATILITY | The high ATR as a percentage value for ABI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.65 | POSITIVE | The high ADX value value for ABI.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:ABI (8/28/2025, 7:00:00 PM)
0.07
0 (-6.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.67%
1 Week-12.5%
2 Weeks-6.67%
1 Month40%
3 Month27.27%
6 Month40%
12 Month40%
2 Year100%
3 Year40%
5 Year-62.16%
10 Year133.33%
15 Year-41.67%
Volatility
ATR(14)0.01
ATR(20)%9.64%
ATR Inc0%
Range Today0
ADR(20)0.01
ADR(20)%8.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.72
Mansfield1.95
10 Day High0.08
10 Day Low0.07
20 Day High0.08
20 Day Low0.04
52 Week High0.08
52 Week Low0.04
CS1 End0.06
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume1.23M
Volume Incr-22.49%
Vol(5)1.22M
Vol(50)1.02M