BARRICK MINING CORP (ABR0.DE) Stock Technical Analysis
FRA:ABR0 - Deutsche Boerse Ag - CA06849F1080 - Common Stock - Currency: EUR
Overall ABR0 gets a technical rating of 3 out of 10. In the last year, ABR0 was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ABR0 has a bad technical rating, but it does show 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 18.30. Right above this resistance zone may be a good entry point.
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17.33
When analyzing the support we notice one important area.
- A support zone ranging from 17.50 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.30 to 18.56. This zone is formed by a combination of multiple trend lines 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 ABR0.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABR0.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ABR0.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABR0.DE is above a declining SMA(20). |
| Relative Strength Index/RSI (14) | 59.51 | NEUTRAL | The RSI value for ABR0.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ABR0.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.02 | NEUTRAL | The Stochastics value for ABR0.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ABR0.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.36 | NEUTRAL | The ADX value for ABR0.DE suggests a possible start of a new trend. |
FRA:ABR0 (7/14/2025, 7:00:00 PM)
18.29
+0.14 (+0.77%)