ABRASILVER RESOURCE CORP (ABRA.CA) Stock Technical Analysis
Canada - TSX-V:ABRA - CA00379L3048 - Common Stock
5.5 CAD
-0.04 (-0.72%)
Taking everything into account, ABRA scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ABRA has a been trading in the 5.37 - 6.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that ABRA is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by ABRA over the past year are nicely spread over this period.
ABRA 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 ABRA is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ABRA is part of the Metals & Mining industry. There are 807 other stocks in this industry, ABRA did better than 69% of them.
Although ABRA 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
2.85
6.53
We found 4 important support areas.
- A support zone ranging from 5.49 to 5.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.07 from a trend line in the weekly time frame.
- Support @2.95 from a trend line in the daily time frame.
- Support @2.88 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.80 to 5.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.47 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 | UP | POSITIVE | The long term trend for ABRA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABRA.CA is down. |
| ChartMill Relative Strength | 87.63 | POSITIVE | ABRA.CA has a high relative strength, it outperformed 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABRA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ABRA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABRA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.96 | NEUTRAL | The RSI value for ABRA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ABRA.CA has a negative trend. |
| Stochastics (14,3) | 8.14 | OVERSOLD | The low Stochastics value suggests ABRA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for ABRA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.84 | NEGATIVE | The low ADX value for ABRA.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:ABRA (9/18/2025, 7:00:00 PM)
5.5
-0.04 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.72%
1 Week-6.14%
2 Weeks-10.57%
1 Month-6.46%
3 Month20.09%
6 Month60.82%
12 Month110.73%
2 Year266.67%
3 Year161.91%
5 Year260.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%5.66%
ATR Inc-33.7%
Range Today0.17
ADR(20)0.3
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.63
Mansfield3.42
10 Day High6.44
10 Day Low5.37
20 Day High6.7
20 Day Low5.37
52 Week High6.7
52 Week Low2.22
CS1 End5.49
CR1 Start5.8
Volume & EV
DER(3)-3.73%
DER(5)-4.61%
Volume294.99K
Volume Incr-8.58%
Vol(5)313.09K
Vol(50)311.19K