ABACUS MINING & EXPLORATION (AME.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:AME • CA0025555065
We assign a technical rating of 9 out of 10 to AME. Both in the recent history as in the last year, AME has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- AME is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AME has a been trading in the 0.02 - 0.04 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that AME is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- AME is an average performer in the Metals & Mining industry, it outperforms 65% of 812 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
Although AME has an excellent technical rating, the quality of the presented setup is not ideal 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
0.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.01 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 AME.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AME.CA is up. |
| ChartMill Relative Strength | 87.98 | POSITIVE | AME.CA has a high relative strength, it outperformed 87.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AME.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AME.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AME.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.38 | NEUTRAL | The RSI value for AME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AME.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for AME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15 | HIGH VOLATILITY | The high ATR as a percentage value for AME.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for AME.CA suggests a possible start of a new trend. |
TSX-V:AME (2/6/2026, 7:00:00 PM)
0.04
+0 (+14.29%)
ABACUS MINING & EXPLORATION / AME.CA FAQ
What is the technical rating for AME stock?
ChartMill assigns a technical rating of 9 / 10 to AME.CA.
What is the current trend direction of ABACUS MINING & EXPLORATION (AME.CA) stock?
The current trend direction for ABACUS MINING & EXPLORATION (AME.CA) is Bullish.
What is the RSI signal for AME stock?
ABACUS MINING & EXPLORATION (AME.CA) has an RSI value of 68.3778. This indicates that the stock is currently neutral.
What is the short term momentum for AME stock?
The short term momentum for ABACUS MINING & EXPLORATION (AME.CA) is positive.
What are the support and resistance levels for ABACUS MINING & EXPLORATION (AME.CA) stock?
ABACUS MINING & EXPLORATION (AME.CA) has a support level at 0.03. Check the full technical report for our detailed analysis of AME.CA support and resistance levels.