ASIABASEMETALS INC (ABZ.CA) Stock Technical Analysis
TSX-V:ABZ - TSX Venture Exchange - CA04521E5074 - Common Stock - Currency: CAD
Taking everything into account, ABZ scores 1 out of 10 in our technical rating. ABZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
88% of all other stocks performed better in the past year than ABZ.
ABZ is part of the Metals & Mining industry. There are 806 other stocks in this industry, of which 75% are performing better than ABZ.
ABZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ABZ is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ABZ has an average volume of 17917 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ABZ has a been trading in the 0.03 - 0.09 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ABZ is bad and it also does not present a 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
0.06
0.08
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.08 to 0.08. 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 | DOWN | NEGATIVE | The long term trend for ABZ.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ABZ.CA is neutral. |
| ChartMill Relative Strength | 12 | NEGATIVE | ABZ.CA has a low relative strength, it was outperformed by 88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ABZ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ABZ.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ABZ.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.09 | NEUTRAL | The RSI value for ABZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ABZ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for ABZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.29 | HIGH VOLATILITY | The high ATR as a percentage value for ABZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.56 | POSITIVE | The high ADX value value for ABZ.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:ABZ (7/24/2025, 7:00:00 PM)
0.07
-0.01 (-17.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-17.65%
1 Week16.67%
2 Weeks40%
1 Month16.67%
3 Month27.27%
6 Month-36.36%
12 Month-58.82%
2 Year-56.25%
3 Year-56.25%
5 Year-82.93%
10 Year-12.5%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%14.29%
ATR Inc250%
Range Today0
ADR(20)0
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12
Mansfield-5.1
10 Day High0.09
10 Day Low0.06
20 Day High0.09
20 Day Low0.03
52 Week High0.2
52 Week Low0.03
CS1 End0.06
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr-79.14%
Vol(5)6.80K
Vol(50)17.92K