ABRASILVER RESOURCE CORP (ABRA.CA) Stock Technical Analysis
Canada - TSX-V:ABRA - CA00379L3048 - Common Stock
We assign a technical rating of 8 out of 10 to ABRA. In the last year, ABRA was one of the better performers, but we do observe some doubts in the very recent evolution.
ABRA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.69
3 important support areas can be observed.
- A support zone ranging from 6.42 to 6.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.06 from a trend line in the daily time frame.
- A support zone ranging from 5.75 to 5.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @6.67 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 | NEUTRAL | NEUTRAL | The short term trend for ABRA.CA is neutral. |
| ChartMill Relative Strength | 90.25 | POSITIVE | ABRA.CA has a high relative strength, it outperformed 90.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ABRA.CA is above a declining 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) | 53.3 | NEUTRAL | The RSI value for ABRA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ABRA.CA has a positive trend. |
| Stochastics (14,3) | 76.94 | NEUTRAL | The Stochastics value for ABRA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for ABRA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for ABRA.CA suggests a weak or negative trend. |
TSX-V:ABRA (11/6/2025, 7:00:00 PM)
6.66
+0.17 (+2.62%)
ABRASILVER RESOURCE CORP / ABRA.CA FAQ
Can you provide the ChartMill technical rating for ABRASILVER RESOURCE CORP?
ChartMill assigns a technical rating of 8 / 10 to ABRA.CA.
Can you provide the trend direction for ABRASILVER RESOURCE CORP?
The current trend direction for ABRASILVER RESOURCE CORP (ABRA.CA) is Bullish.
What is the RSI signal for ABRASILVER RESOURCE CORP (ABRA.CA) stock?
ABRASILVER RESOURCE CORP (ABRA.CA) has an RSI value of 53.2969. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ABRASILVER RESOURCE CORP?
ABRASILVER RESOURCE CORP (ABRA.CA) has a support level at 6.5 and a resistance level at 6.67. Check the full technical report for our detailed analysis of ABRA.CA support and resistance levels.