FRANCO-NEVADA CORP (FNV) Stock Technical Analysis
NYSE:FNV - New York Stock Exchange, Inc. - CA3518581051 - Common Stock - Currency: USD
Taking everything into account, FNV scores 10 out of 10 in our technical rating. 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 86% of all stocks. We also observe that the gains produced by FNV over the past year are nicely spread over this period.
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.
FNV is part of the Metals & Mining industry. There are 150 other stocks in this industry, FNV did better than 68% of them.
FNV has an excellent technical rating and 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 a support zone below the current price at 138.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
112.13
145.43
4 important support areas can be observed.
- A support zone ranging from 138.23 to 138.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @124.32 from a horizontal line in the daily time frame.
- A support zone ranging from 116.08 to 116.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.26 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 141.30 to 141.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @143.99 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
CRS86.14
Mansfield0.43
10 Day High144.27
10 Day Low138.25
20 Day High144.27
20 Day Low127.2
52 Week High144.27
52 Week Low103.64
Performance
1 Week-3.67%
2 Weeks-2.15%
1 Month7.15%
3 Month12.13%
6 Month12.26%
12 Month28.75%
2 Year8.72%
3 Year-5.73%
5 Year29.01%
10 Year162.92%
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)-0.59
RSI(14)55.85
LBB136.69
UBB144.94
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 141.33 | 138.24 | 3.09 (2.19%) | 25.00% |
| An entry @141.33. This is a Buy Stop order right above the resistance zone. | An exit @138.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.09 points, which is 2.19%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FNV. Please evaluate whether better entry and exit points can be found.
- 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.
138.69
-3.04 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.14%
1 Week-3.67%
2 Weeks-2.15%
1 Month7.15%
3 Month12.13%
6 Month12.26%
12 Month28.75%
2 Year8.72%
3 Year-5.73%
5 Year29.01%
10 Year162.92%
15 YearN/A
Volatility
ATR(14)2.95
ATR(20)%2.14%
ATR Inc-11.23%
Range Today2.49
ADR(20)2.62
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.14
Mansfield0.43
10 Day High144.27
10 Day Low138.25
20 Day High144.27
20 Day Low127.2
52 Week High144.27
52 Week Low103.64
CS1 End138.31
CR1 Start141.3
Volume & EV
DER(3)-2.21%
DER(5)-1.28%
Volume545.10K
Volume Incr2.14%
Vol(5)658.82K
Vol(50)613.84K