ABRASILVER RESOURCE CORP (ABRA.CA) Stock Technical Analysis
TSX-V:ABRA - TSX Venture Exchange - CA00379L3048 - Common Stock - Currency: CAD
Overall ABRA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ABRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ABRA did better than 92% of all other stocks. On top of that, ABRA also shows a nice and consistent pattern of rising prices.
ABRA is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 808 stocks in the same industry.
ABRA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ABRA is leading the market.
In the last month ABRA has a been trading in the 3.02 - 4.73 range, which is quite wide. It is currently trading near the high of this range.
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
2.50
4.51
When analyzing the support we can see 4 important areas.
- Support @3.36 from a trend line in the daily time frame.
- Support @2.78 from a trend line in the weekly time frame.
- A support zone ranging from 2.66 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.53 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 | UP | POSITIVE | The short term trend for ABRA.CA is up. |
| ChartMill Relative Strength | 92.39 | POSITIVE | ABRA.CA has a high relative strength, it outperformed 92.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABRA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABRA.CA is above 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) | 67.7 | NEUTRAL | The RSI value for ABRA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ABRA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.77 | OVERBOUGHT | The high Stochastics value suggests ABRA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for ABRA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.93 | POSITIVE | The high ADX value value for ABRA.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:ABRA (6/13/2025, 7:00:00 PM)
4.47
-0.11 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.4%
1 Week3.23%
2 Weeks14.03%
1 Month40.13%
3 Month31.47%
6 Month82.45%
12 Month97.79%
2 Year213.68%
3 Year219.29%
5 Year425.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.26%
ATR Inc14.24%
Range Today0.2
ADR(20)0.22
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.39
Mansfield5.01
10 Day High4.73
10 Day Low4.01
20 Day High4.73
20 Day Low3.02
52 Week High4.73
52 Week Low2.04
CS1 End3.36
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)1.87%
Volume117.41K
Volume Incr-15.33%
Vol(5)277.26K
Vol(50)284.02K