ABACUS MINING & EXPLORATION (AME.CA) Stock Technical Analysis
Canada - TSX-V:AME - CA0025555065 - Common Stock
0.02 CAD
0 (0%)
Overall AME gets a technical rating of 2 out of 10. AME performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, AME is a bad performer in the overall market: 87% of all stocks are doing better.
AME is part of the Metals & Mining industry. There are 807 other stocks in this industry, of which 78% are performing better than AME.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
AME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AME is lagging the market.
In the last month AME has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of AME 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
0.01
0.04
When analyzing the support we notice one important area.
- Support @0.01 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.04 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 AME.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AME.CA is down. |
| ChartMill Relative Strength | 13.42 | NEGATIVE | AME.CA has a low relative strength, it was outperformed by 86.58% 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) | DOWN | NEGATIVE | The current price of AME.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.83 | 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, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for AME.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for AME.CA suggests a weak or negative 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:AME (9/16/2025, 7:00:00 PM)
0.02
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month-20%
3 Month-20%
6 Month0%
12 Month0%
2 Year-50%
3 Year-55.56%
5 Year-89.74%
10 Year-94.87%
15 Year-98.25%
Volatility
ATR(14)0
ATR(20)%7.5%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.42
Mansfield-1.14
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.03
52 Week Low0.02
CS1 End0.01
CR1 Start0.02
Volume & EV
DER(3)-3165.87%
DER(5)-2010.62%
Volume8.00K
Volume Incr35.36%
Vol(5)35.19K
Vol(50)57.04K