ABR.DE stock at €16.99 intraday after oversold bounce: key support €16.50

ABR.DE stock rebounded intraday to €16.99 after finding support at the session low, signaling a classic oversold bounce for traders on XETRA in Germany. The move came on 35,171 shares, below average volume, while price sits just under the 50-day average of €17.16. Investors should note the company’s EPS €1.18 and PE 14.40, which frame the bounce in the context of solid earnings power and a modest valuation compared with peers in Basic Materials.

ABR.DE stock intraday snapshot

Price is €16.99 with a day high of €17.13 and day low of €16.99. Volume is 35,171 versus average volume 59,538, giving a relative volume of 0.59. Year range runs from €14.62 to €19.72, and YTD performance is +8.94%, showing resilience despite the intraday weakness. The stock trades on XETRA (Germany) and market cap stands near €29.22B.

ABR.DE stock technical setup for an oversold bounce

ABR.DE stock sits slightly below both the 50-day average (€17.16) and the 200-day average (€17.05), a setup that often precedes a short-term bounce when buyers step in. The intraday low at €16.99 acts as immediate support while a confirmed break above €17.20 would signal a return to short-term equilibrium. Watch the day range and volume spike for confirmation of follow-through.

ABR.DE stock fundamentals and valuation

Barrick Gold Corporation (ABR.DE) reports EPS €1.18 and a trailing PE of 14.40, indicating a modest valuation for a gold/copper producer with a book value per share of €19.46. Key balance-sheet ratios show debt to equity around 0.19 and a current ratio near 2.87, supporting financial flexibility. Dividend metrics include a payout ratio of 26.52% and yield near 1.04%, offering income alongside commodity exposure.

Meyka AI rates ABR.DE with a score out of 100 and forecast

Meyka AI rates ABR.DE with a score of 66.20 out of 100 (Grade B, suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects €17.22 in one year (+1.38% vs €16.99), €18.56 in three years (+9.28%), and €19.88 in five years (+17.09%). Forecasts are model-based projections and not guarantees.

ABR.DE stock risks and opportunities

Opportunity: exposure to both gold and copper gives upside if commodity prices rise; book value €19.46 offers tangible support above the current price. Risk: corporate moves such as leadership changes and possible asset spinoffs can add volatility, and average daily liquidity (approx 59,538 shares) can widen execution risk for large orders. Sector performance for Basic Materials is +7.69% YTD, providing constructive backdrop for ABR.DE stock.

Trading strategy: oversold bounce on ABR.DE stock

For short-term traders, treat the current action as an oversold bounce setup: buyers should look for a volume-confirmed move above €17.20 with tight stops below €16.90. Position-size for liquidity and use limit orders given relative volume 0.59. Longer-term investors may compare price to book (€19.46) and use staged entries toward the Meyka one-year forecast of €17.22.

Final Thoughts

ABR.DE stock shows an intraday oversold bounce that is consistent with a slightly undervalued gold-copper producer on XETRA in Germany. The immediate facts: price €16.99, day low €16.99, day high €17.13, volume 35,171, PE 14.40, EPS €1.18, and book value €19.46. Meyka AI’s model projects a one-year figure of €17.22 (+1.38%), with larger upside in the three- to five-year horizon. Traders should wait for a volume-backed breakout above €17.20 to confirm short-term strength; conservative targets include €17.50 (near-term) and €18.50 (re-rating scenario). Investors should monitor leadership changes and corporate actions that can increase volatility. We note our grade (B, HOLD) reflects balanced fundamentals, low leverage, and sector tailwinds in Basic Materials. Use strict risk controls — oversold bounces can fail without follow-through.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.