Downtrend Call Working As Barrick Gold Stock Falls 14.9% (ABX)
SmarTrend identified a Downtrend for Barrick Gold (NYSE:ABX) on October 12th, 2012 at $39.39. In approximately 3 months, Barrick Gold has returned 14.92% as of today's recent price of $33.51.
In the past 52 weeks, shares of Barrick Gold have traded between a low of $31.00 and a high of $50.39 and are now at $33.51, which is 8% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.8%.
Barrick Gold Corporation is an international gold company with operating mines and development projects in the United States, Canada, South America, Australia, and Africa.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Barrick Gold.
Log in and add Barrick Gold (ABX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights Barrick Gold