BARRICK MINING CORP (B) Stock Technical Analysis
NYSE:B - New York Stock Exchange, Inc. - CA06849F1080 - Common Stock - Currency: USD
Taking everything into account, B scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, B has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, B did better than 81% of all other stocks.
B is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so B is performing more or less in line with the market.
In the last month B has a been trading in the 17.41 - 20.75 range, which is quite wide. It is currently trading near the high of this range.
B has an average volume of 21680100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
B is an average performer in the Metals & Mining industry, it outperforms 48% of 154 stocks in the same industry.
Although B has an excellent technical rating, it does not present a decent entry opportunity 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
15.74
21.40
We found 4 important support areas.
- A support zone ranging from 18.90 to 19.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.02 to 18.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.52 to 17.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.90 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.84 to 21.19. 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 | UP | POSITIVE | The long term trend for B is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for B is up. |
| ChartMill Relative Strength | 81.16 | POSITIVE | B has a high relative strength, it outperformed 81.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of B is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of B is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.51 | NEUTRAL | The RSI value for B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.42 | NEUTRAL | The Stochastics value for B is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for B suggests some volalility. |
| Average Directional Index/ADX (14) | 15.61 | NEGATIVE | The low ADX value for B 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)
19.82
-0.21 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.05%
1 Week3.44%
2 Weeks6.16%
1 Month5.09%
3 Month6.56%
6 Month18.19%
12 Month22.72%
2 Year17.07%
3 Year12.04%
5 Year-26.43%
10 Year-70.4%
15 Year-79.08%
Volatility
ATR(14)0.48
ATR(20)%2.66%
ATR Inc46.13%
Range Today0.47
ADR(20)0.43
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.16
Mansfield0.32
10 Day High20.75
10 Day Low18.58
20 Day High20.75
20 Day Low17.41
52 Week High21.35
52 Week Low15.11
CS1 End19.13
CR1 Start20.84
Volume & EV
DER(3)2.54%
DER(5)2.4%
Volume18.79M
Volume Incr3.02%
Vol(5)17.85M
Vol(50)21.68M