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BARRICK GOLD CORP (ABX.TO) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Wed, 28 Jun 2017NoneHammerThu, 08 Jun 2017-6.33%
***Stock database and scans are updated around midnight (Toronto time) every trading day.
18.94 0.00 (0%) Oct 30 12:16pm EDT
Open: 18.83 Range: 18.70 - 19.02 Vol: 658.76K Avg Vol: 3.42M
EPS: 1.21 P/E ratio: 16.68 EBITDA: 4.22B Mkt Cap: 23.53B
Analyze "ABX.TO" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 21.13
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 22.04
Last Trade is below the 50 day moving average at 23.42
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 23.02
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of ABX.TO

Stock Trend Analysis - Buy, Sell or Hold "BARRICK GOLD CORP" (ABX.TO)?

ABX.TO is trading below its 200 day moving average and objectively, many will consider the long term trend to be down. Care must however be taken with this view as in its last 52 week trading history, it is noted that ABX.TO has been range bound with a slight upward bias, having traded above the 200 SMA about 63% of the time. The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is however displaying a very bearish bias. ABX.TO may be due for an oversold bounce, but objectively, as long as ABX.TO is trading below its 200 SMA, rallies will be sold into. Technically there are too many uncertainties to recommend a buy on this stock at this moment. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "ABX.TO".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Wed, 28 Jun 2017
Canadian Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance