ABRASILVER RESOURCE CORP (ABRA.CA) Stock Technical Analysis
TSX-V:ABRA - TSX Venture Exchange - CA00379L3048 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ABRA. Both in the recent history as in the last year, ABRA 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, ABRA did better than 94% of all other stocks. We also observe that the gains produced by ABRA over the past year are nicely spread over this period.
ABRA is part of the Metals & Mining industry. There are 822 other stocks in this industry. ABRA outperforms 87% of them.
ABRA is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ABRA slightly outperforms the market at the moment.
In the last month ABRA has a been trading in the 2.87 - 3.44 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, ABRA also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ABRA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.33
3.50
When analyzing the support we can see 6 important areas.
- A support zone ranging from 3.10 to 3.15. 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 3.00 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.62 from a trend line in the weekly time frame.
- Support @2.56 from a horizontal line in the daily time frame.
- Support @2.49 from a trend line in the weekly time frame.
- Support @2.35 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.42 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.21
Mansfield2.87
10 Day High3.38
10 Day Low2.87
20 Day High3.44
20 Day Low2.87
52 Week High3.58
52 Week Low1.43
Performance
1 Week9.57%
2 Weeks3.43%
1 Month9.21%
3 Month38.33%
6 Month48.88%
12 Month107.5%
2 Year70.26%
3 Year89.71%
5 Year1006.67%
10 YearN/A
15 YearN/A
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)-0.01
RSI(14)60.81
LBB2.92
UBB3.37
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 |
|---|---|---|---|
| 3.48 | 3.09 | 0.39 (11.21%) | 8.92% |
| An entry @3.48. This is a Buy Stop order right above the resistance zone. | An exit @3.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.39 points, which is 11.21%. | When investing 8.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX-V:ABRA (3/7/2025, 7:00:00 PM)
3.32
+0.01 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.3%
1 Week9.57%
2 Weeks3.43%
1 Month9.21%
3 Month38.33%
6 Month48.88%
12 Month107.5%
2 Year70.26%
3 Year89.71%
5 Year1006.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.87%
ATR Inc31.71%
Range Today0.21
ADR(20)0.19
ADR(20)%5.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.21
Mansfield2.87
10 Day High3.38
10 Day Low2.87
20 Day High3.44
20 Day Low2.87
52 Week High3.58
52 Week Low1.43
CS1 End3.15
CR1 Start3.42
Volume & EV
DER(3)16.64%
DER(5)12.03%
Volume113.73K
Volume Incr-34.98%
Vol(5)206.99K
Vol(50)215.63K