First Mexican Gold Corp (FMG.CA) Stock Technical Analysis
TSX-V:FMG - TSX Venture Exchange -
We assign a technical rating of 10 out of 10 to FMG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FMG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FMG is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, FMG also shows a nice and consistent pattern of rising prices.
FMG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FMG has a been trading in the 0.23 - 0.41 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FMG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.01
0.40
We found 3 important support areas.
- Support @0.27 from a trend line in the daily time frame.
- Support @0.25 from a trend line in the daily time frame.
- Support @0.01 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.62
Mansfield29.07
10 Day High0.41
10 Day Low0.26
20 Day High0.41
20 Day Low0.23
52 Week High0.41
52 Week Low0.01
Performance
1 Week19.7%
2 Weeks41.07%
1 Month58%
3 Month507.69%
6 Month887.5%
12 Month2533.33%
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)0.01
RSI(14)65
LBB0.19
UBB0.44
TSX-V:FMG (7/7/2020, 5:40:00 PM)
0.395
-0.01 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.47%
1 Week19.7%
2 Weeks41.07%
1 Month58%
3 Month507.69%
6 Month887.5%
12 Month2533.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.86%
ATR Inc-23.91%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.62
Mansfield29.07
10 Day High0.41
10 Day Low0.26
20 Day High0.41
20 Day Low0.23
52 Week High0.41
52 Week Low0.01
CS1 End0.27
CR1 StartN/A
Volume & EV
DER(3)-1.69%
DER(5)6.33%
Volume58.21K
Volume Incr3.14%
Vol(5)80.10K
Vol(50)55.95K