FIRST ATLANTIC NICKEL CORP (FAN.CA) Stock Technical Analysis
TSX-V:FAN - TSX Venture Exchange - CA3186411078 - Common Stock - Currency: CAD
Taking everything into account, FAN scores 4 out of 10 in our technical rating. FAN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that FAN is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by FAN over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
FAN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FAN has a been trading in the 0.18 - 0.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for FAN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.20
0.25
We found 2 important support areas.
- Support @0.21 from a trend line in the daily time frame.
- Support @0.20 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.25 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.24
Mansfield5.23
10 Day High0.27
10 Day Low0.18
20 Day High0.3
20 Day Low0.18
52 Week High0.39
52 Week Low0.08
Performance
1 Week-6.12%
2 Weeks0%
1 Month-17.86%
3 Month24.32%
6 Month142.11%
12 Month109.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)42.76
LBB0.21
UBB0.26
TSX-V:FAN (4/21/2025, 7:00:00 PM)
0.23
0 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.13%
1 Week-6.12%
2 Weeks0%
1 Month-17.86%
3 Month24.32%
6 Month142.11%
12 Month109.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%12.07%
ATR Inc-30.86%
Range Today0.02
ADR(20)0.02
ADR(20)%10.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.24
Mansfield5.23
10 Day High0.27
10 Day Low0.18
20 Day High0.3
20 Day Low0.18
52 Week High0.39
52 Week Low0.08
CS1 End0.21
CR1 Start0.24
Volume & EV
DER(3)10.69%
DER(5)13.38%
Volume145.50K
Volume Incr-33.04%
Vol(5)215.92K
Vol(50)398.50K