BARRICK GOLD CORP (ABX.CA)

CA0679011084 - Common Stock

22.55  +0.16 (+0.71%)

Technical Rating and Analysis

0

Taking everything into account, ABX scores 0 out of 10 in our technical rating. ABX'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
74% of all other stocks performed better in the past year than ABX.
In the last month ABX has a been trading in the 21.73 - 25.02 range, which is quite wide. It is currently trading near the lows of this range.
ABX has an average volume of 3760410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ABX is part of the Metals & Mining industry. There are 835 other stocks in this industry, ABX did better than 50% of them.
ABX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ABX is lagging the market.
Weekly and Daily overview Charts
ABX Weekly chart
ABX Daily chart
Setup Rating and Analysis

5

ABX has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

19.52

25.74

We found 2 important support areas.

  • A support zone ranging from 21.91 to 22.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @19.72 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 23.74 to 23.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 24.56 to 25.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.22
Mansfield-1.52
10 Day High25.02
10 Day Low21.73
20 Day High25.02
20 Day Low21.73
52 Week High29.5
52 Week Low18.65
Performance
1 Week-3.01%
2 Weeks-7.24%
1 Month-8.67%
3 Month-17.58%
6 Month-1.18%
12 Month-5.81%
2 Year-2.84%
3 Year-6.24%
5 Year-6.51%
10 Year80.11%
15 Year-45.61%
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)36.29
LBB21.53
UBB25.24
ABX Daily chart

BARRICK GOLD CORP

TSX:ABX (12/24/2024, 7:00:00 PM)

22.55

+0.16 (+0.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.71%
1 Week-3.01%
2 Weeks-7.24%
1 Month-8.67%
3 Month-17.58%
6 Month-1.18%
12 Month-5.81%
2 Year-2.84%
3 Year-6.24%
5 Year-6.51%
10 Year80.11%
15 Year-45.61%
Volatility
ATR(14)0.62
ATR(20)%2.46%
ATR Inc-52.54%
Range Today0.3
ADR(20)0.5
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.22
Mansfield-1.52
10 Day High25.02
10 Day Low21.73
20 Day High25.02
20 Day Low21.73
52 Week High29.5
52 Week Low18.65
CS1 End22.01
CR1 Start23.74
Volume & EV
DER(3)1.53%
DER(5)-1.91%
Volume3.57M
Volume Incr49.25%
Vol(5)5.02M
Vol(50)3.76M