Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Barrick Gold Corp (TSE:ABX)
Bull Market Weakness (+75) - ABX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ABX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABX
The long-term trend has been UP since Nov 28th, 2023 at 23.460
The intermediate-term trend has been UP since Nov 27th, 2023 at 22.595
The short-term trend has been DOWN since Dec 7th, 2023 at 23.410
Smart Scan Analysis for ABX
Based on our trend formula, ABX is rated as a +75 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||19.49||52wk High Date||2018-01-15|
|52wk Low||12.54||52wk Low Date||2018-09-11|
|Year End Close||34.82||Average Volume||2,677,466|