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FRANCO-NEVADA CORP (FNV.CA) Stock Technical Analysis

TSX:FNV - Toronto Stock Exchange - CA3518581051 - Common Stock

182.04  +2.3 (+1.28%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to FNV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FNV is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FNV is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by FNV over the past year are nicely spread over this period.
FNV is one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 825 stocks in the same industry.
FNV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FNV is lagging the market slightly.
FNV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
FNV Weekly chart
FNV Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, FNV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 175.10, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

156.98

195.45

3 important support areas can be observed.

  • A support zone ranging from 170.56 to 175.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 164.06 to 166.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 158.57 to 160.53. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @184.70 from a trend line in the weekly time frame.
  • A resistance zone ranging from 188.51 to 193.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.23
Mansfield0.04
10 Day High188.99
10 Day Low172.96
20 Day High188.99
20 Day Low165.36
52 Week High191.17
52 Week Low140.67
Performance
1 Week-0.71%
2 Weeks2.96%
1 Month6.89%
3 Month-0.23%
6 Month6.42%
12 Month25.9%
2 Year-6.73%
3 Year8.31%
5 Year21.01%
10 Year148.25%
15 Year573.22%
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)0.68
RSI(14)59.65
LBB167.95
UBB188.09
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
184.71172.9511.76 (6.37%)15.71%
An entry @184.71. This is a Buy Stop order right above the resistance zone.An exit @172.95. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 11.76 points, which is 6.37%.For a 1.00% total portfolio risk, you can invest 15.71% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FNV Daily chart

FRANCO-NEVADA CORP

TSX:FNV (1/17/2025, 7:00:00 PM)

182.04

+2.3 (+1.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.28%
1 Week-0.71%
2 Weeks2.96%
1 Month6.89%
3 Month-0.23%
6 Month6.42%
12 Month25.9%
2 Year-6.73%
3 Year8.31%
5 Year21.01%
10 Year148.25%
15 Year573.22%
Volatility
ATR(14)4.08
ATR(20)%2.14%
ATR Inc-17.34%
Range Today3.41
ADR(20)3.43
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.23
Mansfield0.04
10 Day High188.99
10 Day Low172.96
20 Day High188.99
20 Day Low165.36
52 Week High191.17
52 Week Low140.67
CS1 End175.1
CR1 Start184.7
Volume & EV
DER(3)-3.4%
DER(5)-3.02%
Volume177.16K
Volume Incr-2.55%
Vol(5)243.06K
Vol(50)277.03K