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FORAN MINING CORPORATION (FOM.CA) Stock Technical Analysis

TSX-V:FOM - TSX Venture Exchange - CA3449112018 - Common Stock - Currency: CAD

3.67  -0.13 (-3.42%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FOM. FOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than FOM.
FOM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FOM is lagging the market.
In the last month FOM has a been trading in the 3.60 - 4.17 range, which is quite wide. It is currently trading near the lows of this range.
FOM is an average performer in the Metals & Mining industry, it outperforms 46% of 832 stocks in the same industry.
Weekly and Daily overview Charts
FORAN MINING CORPORATION / FOM Weekly stock chart
FORAN MINING CORPORATION / FOM Daily stock chart
Setup Rating and Analysis

4

FOM has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

3.49

4.62

We found 2 important support areas.

  • Support @3.62 from a trend line in the daily time frame.
  • A support zone ranging from 3.53 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • Resistance @3.68 from a trend line in the weekly time frame.
  • A resistance zone ranging from 4.01 to 4.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.45 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 4.54 to 4.57. 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
CRS23.5
Mansfield-1.43
10 Day High4.08
10 Day Low3.61
20 Day High4.17
20 Day Low3.61
52 Week High4.69
52 Week Low3.43
Performance
1 Week-2.06%
2 Weeks-5%
1 Month-5.47%
3 Month-13.04%
6 Month2.98%
12 Month-6.4%
2 Year13.43%
3 Year59%
5 Year1451.02%
10 Year1900%
15 Year3066.67%
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)43.86
LBB3.65
UBB4.1
FORAN MINING CORPORATION / FOM Daily stock chart

FORAN MINING CORPORATION

TSX-V:FOM (2/3/2025, 7:00:00 PM)

3.67

-0.13 (-3.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.42%
1 Week-2.06%
2 Weeks-5%
1 Month-5.47%
3 Month-13.04%
6 Month2.98%
12 Month-6.4%
2 Year13.43%
3 Year59%
5 Year1451.02%
10 Year1900%
15 Year3066.67%
Volatility
ATR(14)0.13
ATR(20)%3.15%
ATR Inc-20.45%
Range Today0.07
ADR(20)0.11
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.5
Mansfield-1.43
10 Day High4.08
10 Day Low3.61
20 Day High4.17
20 Day Low3.61
52 Week High4.69
52 Week Low3.43
CS1 End3.68
CR1 Start4.01
Volume & EV
DER(3)0.26%
DER(5)-2.29%
Volume256.37K
Volume Incr24.02%
Vol(5)328.92K
Vol(50)400.84K