ABCOURT MINES INC -CL B (ABI.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:ABI • CA00288E3005
We assign a technical rating of 8 out of 10 to ABI. In the last year, ABI was one of the better performers, but we do observe some doubts in the very recent evolution.
- Looking at the yearly performance, ABI did better than 85% of all other stocks. On top of that, ABI also shows a nice and consistent pattern of rising prices.
- 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.
- ABI has an average volume of 1805220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- ABI is part of the Metals & Mining industry. There are 814 other stocks in this industry, ABI did better than 59% of them.
- In the last month ABI has a been trading in the 0.09 - 0.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ABI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.11. Right above this resistance zone may be a good entry point.
More info and screens
0.04
When analyzing the support we can see 3 important areas.
- Support @0.06 from a trend line in the daily time frame.
- Support @0.05 from a trend line in the weekly time frame.
- Support @0.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.11 to 0.11. 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 | DOWN | NEGATIVE | The short term trend for ABI.CA is down. |
| ChartMill Relative Strength | 85.42 | POSITIVE | ABI.CA has a high relative strength, it outperformed 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABI.CA is below 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) | 44.37 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for ABI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.38 | HIGH VOLATILITY | The high ATR as a percentage value for ABI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.72 | POSITIVE | The high ADX value value for ABI.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.11 | 0.08 | 0.03 (29.52%) | 3.39% |
| An entry @0.11. This is a Buy Stop order right above the 10 day moving average. | An exit @0.08. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.03 points, which is 29.52%. | When investing 3.39% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:ABI (2/6/2026, 7:00:00 PM)
0.1
+0.01 (+5.26%)
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 Bullish.
Can you provide the RSI signal for ABCOURT MINES INC -CL B?
ABCOURT MINES INC -CL B (ABI.CA) has an RSI value of 44.3686. 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 negative.
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 0.06 and a resistance level at 0.11. Check the full technical report for our detailed analysis of ABI.CA support and resistance levels.