BARRICK GOLD CORP (ABR.DE) Stock Technical Analysis
FRA:ABR - Deutsche Boerse Ag - CA0679011084 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to ABR. In the past year, ABR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, we notice that ABR is one of the better performing stocks in the market, outperforming 82% of all stocks.
In the last month ABR has a been trading in the 16.32 - 18.31 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ABR is part of the Metals & Mining industry. There are 40 other stocks in this industry, ABR did better than 53% of them.
ABR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, ABR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.64
18.08
4 important support areas can be observed.
- Support @16.94 from a trend line in the daily time frame.
- A support zone ranging from 15.99 to 16.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.31 from a trend line in the weekly time frame.
- A support zone ranging from 14.79 to 14.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @17.90 from a trend line 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
CRS82.04
Mansfield-0.02
10 Day High17.69
10 Day Low16.43
20 Day High18.31
20 Day Low16.32
52 Week High19.72
52 Week Low13.93
Performance
1 Week0.88%
2 Weeks-3.79%
1 Month2.64%
3 Month6.69%
6 Month-1.81%
12 Month17.87%
2 Year-0.56%
3 Year-24.09%
5 Year-2.19%
10 Year65.9%
15 Year-41.62%
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)-0.1
RSI(14)51.79
LBB16.61
UBB17.99
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.15 | 16.93 | 0.22 (1.29%) | 25.00% |
| An entry @17.15. This is a Buy Stop order right above the 10 day moving average. | An exit @16.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.22 points, which is 1.29%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ABR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:ABR (3/7/2025, 7:00:00 PM)
17.038
-0.27 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.54%
1 Week0.88%
2 Weeks-3.79%
1 Month2.64%
3 Month6.69%
6 Month-1.81%
12 Month17.87%
2 Year-0.56%
3 Year-24.09%
5 Year-2.19%
10 Year65.9%
15 Year-41.62%
Volatility
ATR(14)0.49
ATR(20)%2.98%
ATR Inc13.82%
Range Today0.46
ADR(20)0.43
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.04
Mansfield-0.02
10 Day High17.69
10 Day Low16.43
20 Day High18.31
20 Day Low16.32
52 Week High19.72
52 Week Low13.93
CS1 End16.94
CR1 Start17.9
Volume & EV
DER(3)0%
DER(5)0%
Volume42.78K
Volume Incr-29.44%
Vol(5)41.40K
Vol(50)50.17K