BARRICK MINING CORP (ABX.CA) Stock Technical Analysis
TSX:ABX - Toronto Stock Exchange - CA06849F1080 - Common Stock - Currency: CAD
Taking everything into account, ABX scores 6 out of 10 in our technical rating. Although ABX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
ABX 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 ABX is lagging the market slightly.
In the last month ABX has a been trading in the 24.29 - 28.28 range, which is quite wide. It is currently trading near the high of this range.
ABX has an average volume of 4032060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ABX is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ABX is part of the Metals & Mining industry. There are 807 other stocks in this industry, ABX did better than 54% of them.
ABX has an average technical rating and it also does not offer a high quality setup 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
21.79
29.57
4 important support areas can be observed.
- A support zone ranging from 26.30 to 27.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.63 to 25.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.61 from a trend line in the weekly time frame.
- Support @22.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @27.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.64 to 29.28. 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 ABX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ABX.CA is up. |
| ChartMill Relative Strength | 71.42 | POSITIVE | ABX.CA has a high relative strength, it outperformed 71.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ABX.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.74 | NEUTRAL | The RSI value for ABX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ABX.CA has a positive trend. |
| Stochastics (14,3) | 73.46 | NEUTRAL | The Stochastics value for ABX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ABX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.46 | NEGATIVE | The low ADX value for ABX.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:ABX (6/9/2025, 7:00:00 PM)
27.79
+0.64 (+2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.36%
1 Week-0.18%
2 Weeks6.52%
1 Month2.58%
3 Month2.93%
6 Month16.28%
12 Month26.26%
2 Year24.01%
3 Year22.1%
5 Year-23.93%
10 Year108.17%
15 Year-42.49%
Volatility
ATR(14)0.59
ATR(20)%2.46%
ATR Inc8.43%
Range Today0.71
ADR(20)0.57
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.42
Mansfield0.33
10 Day High28.28
10 Day Low25.56
20 Day High28.28
20 Day Low24.29
52 Week High29.5
52 Week Low21.73
CS1 End27.03
CR1 Start27.81
Volume & EV
DER(3)1.63%
DER(5)0.28%
Volume7.02M
Volume Incr5.03%
Vol(5)4.16M
Vol(50)4.03M