ASIABASEMETALS INC (ABZ.CA) Stock Technical Analysis
TSX-V:ABZ - TSX Venture Exchange - CA04521E5074 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to ABZ. 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 negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ABZ.
ABZ is one of the lesser performing stocks in the Metals & Mining industry. 94% of 797 stocks in the same industry do better.
ABZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ABZ has an average volume of 21777 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 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of ABZ is bad and it also does not present a 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
0.05
0.08
When analyzing the resistance we notice one important area.
- Resistance @0.08 from a trend 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 | DOWN | NEGATIVE | The long term trend for ABZ.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ABZ.CA is down. |
| ChartMill Relative Strength | 0.62 | NEGATIVE | ABZ.CA has a low relative strength, it was outperformed by 99.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ABZ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ABZ.CA is below 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) | 41.23 | NEUTRAL | The RSI value for ABZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ABZ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for ABZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.89 | HIGH VOLATILITY | The high ATR as a percentage value for ABZ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 58.95 | 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 (7/11/2025, 7:00:00 PM)
0.055
+0.02 (+37.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg37.5%
1 Week0%
2 Weeks-25%
1 Month-43.75%
3 Month-55%
6 Month-62.5%
12 Month-73.53%
2 Year-70%
3 Year-75%
5 Year-90%
10 Year-59.09%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%13.89%
ATR Inc-30%
Range Today0
ADR(20)0
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.62
Mansfield-6.98
10 Day High0.06
10 Day Low0.03
20 Day High0.08
20 Day Low0.03
52 Week High0.2
52 Week Low0.03
CS1 EndN/A
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)0%
Volume16.00K
Volume Incr31.61%
Vol(5)34.90K
Vol(50)21.78K