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Downtrend Call Working As Barrick Gold Stock Falls 15.1% (ABX)

Written on Thu, 12/06/2012 - 6:44pm
By Nick Russo

SmarTrend identified a Downtrend for Barrick Gold (NYSE:ABX) on October 12th, 2012 at $39.39. In approximately 2 months, Barrick Gold has returned 15.12% as of today's recent price of $33.43.

Barrick Gold share prices have moved between a 52-week high of $51.81 and a 52-week low of $31.00 and are now trading 8% above that low price at $33.43 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.5%.

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

Ticker(s): ABX

Contact Nick Russo



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