Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Barrick Gold Corporation

ABX.TO Technical Analysis Summary (TSX)

Analyze ABX.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ABX.TO●TSX
Basic MaterialsGold
$52.34
$0.03(0.06%)
Canadian Market opens in 17h 55m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ABX.TO Technical Analysis Summary (TSX)

Barrick Gold Corporation (TSX: ABX.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.01)
Trend Strength:Weak (ADX: 19.09)
Volatility:Medium (ATR: 1.86)
Support/Resistance:$48.41 – $55.26 (Bollinger Bands)

Technical conditions suggest Barrick Gold Corporation on the TSX is awaiting a decisive move. Overall, Barrick Gold Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.01

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 66.63

Bullish
Buying momentum building without extremes.

Williams %R: -26.36

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -3.50

Bearish
Selling pressure outweighs buying.

Takeaway:Barrick Gold Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.95

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.09

Weak
Weak trend, market trading sideways.

ATR (14): 1.86

Low
Low volatility, stable price action.

CCI (14): 84.79

Bullish
Bullish, momentum building upward.

Takeaway:Barrick Gold Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$55.26
Middle Band (SMA 20)
$51.84
Lower Band
$48.41
Current Position
Within Bands

Takeaway:Barrick Gold Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$55.80
Middle Line (EMA 20)
$52.08
Lower Channel
$48.36
Squeeze Status
Squeeze On

Takeaway:Barrick Gold Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-27.79M
Money Flow Index36.65Bearish, selling pressure outweighs inflows.
Relative Vigor Index37.94Bearish, price momentum favors sellers.

Overall Takeaway:ABX.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Barrick Gold Corporation (TSX: ABX.TO), here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Barrick Gold Corporation are mixed, suggesting a Hold or wait-and-see approach.

(TSX: ABX.TO) Technical Analysis FAQ