14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ABR.DE
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Friday for Barrick Gold Corporation stock after losing 0.187%
(Updated on Jun 14, 2024)

Sell candidate since Jun 13, 2024 Loss -0.19% PDF

The Barrick Gold Corporation stock price fell by -0.187% on the last day (Friday, 14th Jun 2024) from 14.95€ to 14.92€. During the last trading day the stock fluctuated 2.02% from a day low at 14.92€ to a day high of 15.22€. The price has been going up and down for this period, and there has been a -4.78% loss for the last 2 weeks. Volume has increased on the last day by 67 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 109 thousand shares were bought and sold for approximately 1.63€ million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 14.46€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.37% during the next 3 months and, with a 90% probability hold a price between 14.80€ and 17.98€ at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ABR.DE Signals & Forecast

There are few to no technical positive signals at the moment. The Barrick Gold Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 15.15€ and 15.69€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -13.61%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Barrick Gold Corporation stock

Barrick Gold Corporation finds support from accumulated volume at 14.60€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved 0.302€ between high and low, or 2.02%. For the last week, the stock has had daily average volatility of 2.02%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ABR.DE) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Barrick Gold Corporation to open at 15.02€, and during the day (based on 14 day Average True Range), to move between 14.54€ and 15.31€, which gives a possible trading interval of +/-0.388€ (+/-2.60%) up or down from last closing price. If Barrick Gold Corporation takes out the full calculated possible swing range there will be an estimated 5.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 14.60€ (2.20%) than the resistance at 15.42€ (3.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Barrick Gold Corporation stock A Buy?

The Barrick Gold Corporation stock holds several negative signals and despite the positive trend, we believe Barrick Gold Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.664 Sell Candidate Unchanged

Predicted Opening Price for Barrick Gold Corporation of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
15.02€ ( 0.639%) 14.92€

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ABR.DE

Fibonacci Support & Resistance Levels

Level Price
R3 15.32 2.66%
R2 15.21 1.89%
R1 15.13 1.41%
Price 14.92
S1 14.90 -0.134%
S2 14.83 -0.612%
S3 14.72 -1.38%

Accumulated Volume Support & Resistance Levels

Level Price
R3 16.68 11.74%
R2 15.67 5.00%
R1 15.42 3.32%
Price 14.92
S1 14.60 -2.20%
S2 14.51 -2.81%
S3 14.46 -3.11%

ABR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 31, 2024 May 31, 2024 Jun 17, 2024 0.0922€ 0.618%
2 Feb 28, 2024 Feb 28, 2024 Feb 28, 2024 0.100€ 0.758%
3 Nov 29, 2023 Nov 29, 2023 Dec 15, 2023 0.0912€ 0.565%
4 Aug 30, 2023 Aug 30, 2023 Sep 15, 2023 0.0915€ 0.588%
5 May 30, 2023 May 30, 2023 May 30, 2023 0.100€ 0.637%

FAQ

What is the symbol for Barrick Gold Corporation Stock and on which exchange is it traded?
The symbol for Barrick Gold Corporation is ABR.DE and it is traded on the GER (Deutsche Börse XETRA).

Should I buy or sell Barrick Gold Corporation Stock?
The Barrick Gold Corporation stock holds several negative signals and despite the positive trend, we believe Barrick Gold Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Barrick Gold Corporation Stock?
Barrick Gold Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Barrick Gold Corporation Stock.

What's the current price of Barrick Gold Corporation Stock?
As of the end of day on the Jun 14, 2024, the price of an Barrick Gold Corporation (ABR.DE) share was 14.92€.

What is the 52-week high and low for Barrick Gold Corporation Stock?
The 52-week high for Barrick Gold Corporation Stock is 17.82€ and the 52-week low is 12.89€.

What is the market capitalization of Barrick Gold Corporation Stock?
As of the Jun 14, 2024, the market capitalization of Barrick Gold Corporation is 26.207B.

When is the next earnings date for Barrick Gold Corporation?
The upcoming earnings date for Barrick Gold Corporation is Aug 06, 2024.
Click to get the best stock tips daily for free!

About Barrick Gold Corporation

Barrick Gold Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other... ABR.DE Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT