BARRICK MINING CORP (B) Technical Analysis
NYSE:B • CA06849F1080
Current stock price
B Technical Rating and Analysis
Taking everything into account, B scores 4 out of 10 in our technical rating. Although B is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, B did better than 92% of all other stocks. On top of that, B also shows a nice and consistent pattern of rising prices.
- B has an average volume of 16647600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- B is an average performer in the Metals & Mining industry, it outperforms 61% of 158 stocks in the same industry.
- B is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so B is lagging the market slightly.
- In the last month B has a been trading in the 36.49 - 47.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
B Weekly and Daily overview Charts
B Setup Rating and Analysis
B has an average technical rating and it also does not offer a high 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
B Support and Resistance Analysis
36.76
When analyzing the support we can see 2 important areas.
- Support @38.04 from a trend line in the daily time frame.
- A support zone ranging from 37.13 to 37.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 41.65 to 42.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.18 from a trend line in the daily time frame.
B Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for B is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for B is down. |
| ChartMill Relative Strength | 92.05 | POSITIVE | B has a high relative strength, it outperformed 92.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of B is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of B is below a declining 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) | 47.9 | NEUTRAL | The RSI value for B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests B has a positive trend. |
| Stochastics (14,3) | 63.45 | NEUTRAL | The Stochastics value for B is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for B suggests some volalility. |
| Average Directional Index/ADX (14) | 39.51 | POSITIVE | The high ADX value value for B suggests a strong trend. |
B Chart- and CandleStick Pattern Analysis
B Technicals: Chart, Performance Metrics, Trend & Indicators
41.64
-0.56 (-1.33%)
BARRICK MINING CORP / B TA FAQ
What is the technical rating for B stock?
ChartMill assigns a technical rating of 4 / 10 to B.
What is the current trend direction of BARRICK MINING CORP (B) stock?
The current trend direction for BARRICK MINING CORP (B) is Bearish.
What is the RSI signal for BARRICK MINING CORP (B) stock?
BARRICK MINING CORP (B) has an RSI value of 47.9049. This indicates that the stock is currently neutral.
What is the MACD signal for B stock?
The MACD indicator for BARRICK MINING CORP (B) has a value of 0.401242, indicating a bearish trend.
What is the short term momentum for BARRICK MINING CORP (B) stock?
The short term momentum for BARRICK MINING CORP (B) is negative.