The Canadian stock market has shown mixed performance in early 2025, with the S&P/TSX 60 large-cap index leading the way, while smaller-cap stocks saw modest gains. The SIA S&P/TSX Index Report highlights Kinross Gold and Agnico Eagle Mines as top performers, while Barrick Gold lags behind, reflecting significant underperformance over the past three months.
Barrick Gold Corp. (ABX.TO) has been a significant underperformer in the SIA S&P/TSX 60 Index Report, contrasting with the top performers like Kinross Gold. Over the past six quarters, Barrick has shown a steady relative strength (RS) decline, indicating weak RS compared to its peers. The SIA point-and-figure chart highlights support levels at $21.51, with resistance at $23.75 and above, suggesting that further movement could depend on overcoming these levels. For those interested in understanding how to better integrate this technology into advisory practices, reach out to our account managers, who are happy to assist with software integration and show how the system can add value to your practice.
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