ABACUS MINING & EXPLORATION (AME.CA) Technical Analysis
TSX-V:AME • CA0025555065
We assign a technical rating of 6 out of 10 to AME. In the last year, AME was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- AME is one of the lesser performing stocks in the Metals & Mining industry. 65% of 815 stocks in the same industry do better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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 0.04 - 0.05 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 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AME has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
0.01
When analyzing the support we notice one important area.
- Support @0.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines 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 AME.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AME.CA is neutral. |
| ChartMill Relative Strength | 70.52 | POSITIVE | AME.CA has a high relative strength, it outperformed 70.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AME.CA is below a declining 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) | 46.2 | NEUTRAL | The RSI value for AME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AME.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for AME.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 22.86 | HIGH VOLATILITY | The high ATR as a percentage value for AME.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for AME.CA suggests a weak or negative trend. |
AME.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:AME (3/9/2026, 7:00:00 PM)
0.035
-0.01 (-30%)
ABACUS MINING & EXPLORATION / AME.CA FAQ
What is the technical rating for AME stock?
ChartMill assigns a technical rating of 6 / 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 46.1967. 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 neutral.
What are the support and resistance levels for ABACUS MINING & EXPLORATION (AME.CA) stock?
ABACUS MINING & EXPLORATION (AME.CA) has a support level at 0.01 and a resistance level at 0.04. Check the full technical report for our detailed analysis of AME.CA support and resistance levels.