FIRST QUANTUM MINERALS LTD (FM.CA) Stock Technical Analysis
TSX:FM - Toronto Stock Exchange - CA3359341052 - Common Stock - Currency: CAD
Taking everything into account, FM scores 2 out of 10 in our technical rating. FM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
FM has an average volume of 2027110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, FM did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FM is part of the Metals & Mining industry. There are 822 other stocks in this industry, FM did better than 60% of them.
FM 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 FM has a been trading in the 16.30 - 20.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.41, a Stop Loss order could be placed below this zone.
More info and screens
15.76
20.69
We found 3 important support areas.
- A support zone ranging from 17.34 to 17.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.74 to 16.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.92 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.46 to 19.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.90 to 19.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 20.39 to 20.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.45
Mansfield-0.2
10 Day High19.22
10 Day Low16.3
20 Day High20.36
20 Day Low16.3
52 Week High21.45
52 Week Low12.77
Performance
1 Week-0.5%
2 Weeks3%
1 Month-7.84%
3 Month-12.41%
6 Month26.4%
12 Month34.29%
2 Year-42.52%
3 Year-58.73%
5 Year148.4%
10 Year16.35%
15 Year434.28%
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)-0.01
RSI(14)46.32
LBB16.67
UBB19.39
TSX:FM (3/7/2025, 7:00:00 PM)
17.86
-0.6 (-3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.25%
1 Week-0.5%
2 Weeks3%
1 Month-7.84%
3 Month-12.41%
6 Month26.4%
12 Month34.29%
2 Year-42.52%
3 Year-58.73%
5 Year148.4%
10 Year16.35%
15 Year434.28%
Volatility
ATR(14)1.02
ATR(20)%5.6%
ATR Inc-10.62%
Range Today1.09
ADR(20)0.95
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.45
Mansfield-0.2
10 Day High19.22
10 Day Low16.3
20 Day High20.36
20 Day Low16.3
52 Week High21.45
52 Week Low12.77
CS1 End17.41
CR1 Start18.46
Volume & EV
DER(3)-1.67%
DER(5)-2.64%
Volume1.69M
Volume Incr-18.45%
Vol(5)1.91M
Vol(50)2.03M