BARRICK GOLD CORP (GOLD)
CA0679011084 - Common Stock
We assign a technical rating of 2 out of 10 to GOLD. GOLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, GOLD is a bad performer in the overall market: 75% of all stocks are doing better.
GOLD is one of the lesser performing stocks in the Metals & Mining industry. 61% of 154 stocks in the same industry do better.
In the last month GOLD has a been trading in the 16.10 - 18.95 range, which is quite wide. It is currently trading near the lows of this range.
GOLD has an average volume of 25482900 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.
GOLD 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 GOLD is lagging the market slightly.
Although the technical rating is bad, GOLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.35, a Stop Loss order could be placed below this zone.
More info and screens
13.92
18.65
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.30 to 16.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.55 to 14.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 14.06 to 14.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.06 to 17.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.66 from a trend line in the weekly time frame.
- Resistance @18.16 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 18.47 to 18.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.16
Mansfield-1.02
10 Day High17.45
10 Day Low16.17
20 Day High18.95
20 Day Low16.1
52 Week High20.26
52 Week Low13.76
Performance
1 Week-3.69%
2 Weeks-3.74%
1 Month-7.84%
3 Month6.81%
6 Month-0.12%
12 Month-18.51%
2 Year-19.67%
3 Year-31.64%
5 Year32.53%
10 Year33.59%
15 Year41.47%
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)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)46.36
LBB16.14
UBB17.34
BARRICK GOLD CORP
NYSE:GOLD (5/3/2024, 7:04:00 PM)
After market: 16.475 +0.02 (+0.09%)16.46
-0.09 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.54%
1 Week-3.69%
2 Weeks-3.74%
1 Month-7.84%
3 Month6.81%
6 Month-0.12%
12 Month-18.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%3.7%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.45
10 Day Low16.17
20 Day High18.95
20 Day Low16.1
52 Week High20.26
52 Week Low13.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.81M
Volume Incr-21.15%
Vol(5)24.27M
Vol(50)25.48M