BARRICK MINING CORP (ABX.CA) Stock Technical Analysis
TSX:ABX - CA06849F1080 - Common Stock
36.25 CAD
+0.74 (+2.08%)
We assign a technical rating of 9 out of 10 to ABX. Both in the recent history as in the last year, ABX 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!
A new 52 week high is currently being made by ABX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ABX has a been trading in the 28.95 - 36.48 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ABX has an average volume of 4111970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ABX did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ABX is part of the Metals & Mining industry. There are 791 other stocks in this industry, ABX did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ABX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.79
36.61
6 important support areas can be observed.
- A support zone ranging from 30.11 to 30.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.03 from a horizontal line in the daily time frame.
- A support zone ranging from 26.53 to 26.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.79 from a horizontal line in the daily time frame.
- Support @24.16 from a trend line in the weekly time frame.
- Support @22.01 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for ABX.CA is up. |
| ChartMill Relative Strength | 81.82 | POSITIVE | ABX.CA has a high relative strength, it outperformed 81.82% 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) | 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) | 81.53 | OVERBOUGHT | The high RSI value suggests ABX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ABX.CA has a positive trend. |
| Stochastics (14,3) | 96.51 | OVERBOUGHT | The high Stochastics value suggests ABX.CA may be overbought. |
| 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) | 30.09 | POSITIVE | The high ADX value value for ABX.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:ABX (8/22/2025, 7:00:00 PM)
36.25
+0.74 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.08%
1 Week8.83%
2 Weeks12.51%
1 Month23.38%
3 Month38.46%
6 Month39.16%
12 Month30.82%
2 Year65.53%
3 Year85.9%
5 Year-6.19%
10 Year296.18%
15 Year-27.43%
Volatility
ATR(14)0.99
ATR(20)%2.46%
ATR Inc31.09%
Range Today1.22
ADR(20)0.77
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.82
Mansfield2.35
10 Day High36.48
10 Day Low30.53
20 Day High36.48
20 Day Low28.95
52 Week High36.48
52 Week Low21.73
CS1 End30.46
CR1 StartN/A
Volume & EV
DER(3)2.03%
DER(5)2.58%
Volume7.29M
Volume Incr52.74%
Vol(5)6.47M
Vol(50)4.11M