Stock Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
BARRICK GOLD CORP (TSE:ABX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ABX
The long term trend has been DOWN since Jul 23rd, 2018 at 15.84
The intermediate term trend has been UP since Sep 24th, 2018 at 13.96
The short term trend has been UP since Oct 10th, 2018 at 15.09
Smart Scan Analysis for ABX
Based on a pre-defined weighted trend formula for chart analysis, ABX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||19.49||Year High Date||2018-01-15|
|Year Low||12.54||Year Low Date||2018-09-11|
|52wk High||20.9||52wk High Date||2017-10-16|
|52wk Low||12.54||52wk Low Date||2018-09-11|
|Year End Close||34.82||Average Volume||4,514,587|