BARRICK MINING CORP (ABX.CA) Stock Technical Analysis
Canada - TSX:ABX - CA06849F1080 - Common Stock
Taking everything into account, ABX scores 9 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.
ABX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 45.54, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.79
6 important support areas can be observed.
- A support zone ranging from 45.47 to 45.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.08 to 44.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.85 from a trend line in the daily time frame.
- Support @28.18 from a trend line in the weekly time frame.
- Support @24.78 from a trend line in the weekly time frame.
- Support @22.01 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @50.09 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 | UP | POSITIVE | The long term trend for ABX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABX.CA is neutral. |
| ChartMill Relative Strength | 87.05 | POSITIVE | ABX.CA has a high relative strength, it outperformed 87.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ABX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ABX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.14 | NEUTRAL | The RSI value for ABX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ABX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.66 | NEUTRAL | The Stochastics value for ABX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ABX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for ABX.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.09 | 45.46 | 1.63 (3.46%) | 25.00% |
| An entry @47.09. This is a Buy Stop order right above the 10 day high. | An exit @45.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.63 points, which is 3.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.87%. |
- The distance between exit and entry is rather small compared to the average daily movement of ABX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ABX (11/6/2025, 7:00:00 PM)
45.93
-0.32 (-0.69%)
BARRICK MINING CORP / ABX.CA FAQ
Can you provide the ChartMill technical rating for BARRICK MINING CORP?
ChartMill assigns a technical rating of 9 / 10 to ABX.CA.
What is the current trend direction of BARRICK MINING CORP (ABX.CA) stock?
The current trend direction for BARRICK MINING CORP (ABX.CA) is Bullish.
What is the RSI signal for BARRICK MINING CORP (ABX.CA) stock?
BARRICK MINING CORP (ABX.CA) has an RSI value of 52.1405. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BARRICK MINING CORP?
BARRICK MINING CORP (ABX.CA) has a support level at 45.54 and a resistance level at 50.09. Check the full technical report for our detailed analysis of ABX.CA support and resistance levels.