BARRICK MINING CORP (B) Stock Technical Analysis
USA - NYSE:B - CA06849F1080 - Common Stock
We assign a technical rating of 10 out of 10 to B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, B is showing a nice and steady performance.
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
20.55
We found 4 important support areas.
- A support zone ranging from 32.47 to 33.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.40 to 31.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.58 from a trend line in the daily time frame.
- Support @20.76 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 | 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 | 96.07 | POSITIVE | B has a high relative strength, it outperformed 96.07% 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) | UP | POSITIVE | The current price of B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.45 | NEUTRAL | The RSI value for B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests B has a positive trend. |
| Stochastics (14,3) | 91.42 | OVERBOUGHT | The high Stochastics value suggests B may be overbought. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for B suggests some volalility. |
| Average Directional Index/ADX (14) | 25.94 | POSITIVE | The high ADX value value for B suggests a strong trend. |
36.42
-0.91 (-2.44%)
BARRICK MINING CORP / B FAQ
What is the technical rating for B stock?
ChartMill assigns a technical rating of 10 / 10 to B.
What is the trend direction for B stock?
The current trend direction for BARRICK MINING CORP (B) is Bullish.
What is the RSI signal for B stock?
BARRICK MINING CORP (B) has an RSI value of 63.4504. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BARRICK MINING CORP?
The MACD indicator for BARRICK MINING CORP (B) has a value of 0.410692, indicating a bearish trend.
Can you provide the buy/sell signal for BARRICK MINING CORP?
The buy/sell signal for BARRICK MINING CORP (B) is buy as both the short term and long term trends are positive.