ABEN GOLD CORP (ABM.CA) Stock Technical Analysis
TSX-V:ABM - TSX Venture Exchange - CA0029381088 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to ABM. In the last year, ABM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
87% of all other stocks performed better in the past year than ABM.
ABM is part of the Metals & Mining industry. There are 797 other stocks in this industry, of which 73% are performing better than ABM.
ABM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ABM has an average volume of 27455 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ABM has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ABM is bad and it also does not present a 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
0.06
0.09
We found 2 important support areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 from a horizontal line in the daily 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 ABM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABM.CA is neutral. |
| ChartMill Relative Strength | 13.8 | NEGATIVE | ABM.CA has a low relative strength, it was outperformed by 86.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABM.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.49 | NEUTRAL | The RSI value for ABM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABM.CA has a positive trend. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for ABM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for ABM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.62 | NEGATIVE | The low ADX value for ABM.CA suggests a weak or negative 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:ABM (8/7/2025, 7:00:00 PM)
0.07
+0.01 (+7.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.69%
1 Week7.69%
2 Weeks7.69%
1 Month16.67%
3 Month0%
6 Month-17.65%
12 Month-22.22%
2 Year-39.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%5.36%
ATR Inc133.33%
Range Today0.01
ADR(20)0
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.8
Mansfield-1.03
10 Day High0.08
10 Day Low0.06
20 Day High0.08
20 Day Low0.06
52 Week High0.12
52 Week Low0.06
CS1 End0.07
CR1 Start0.07
Volume & EV
DER(3)0%
DER(5)0%
Volume45.50K
Volume Incr-51.97%
Vol(5)13.54K
Vol(50)27.46K