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FORTUNE BAY CORP (FOR.CA) Stock Technical Analysis

TSX-V:FOR - TSX Venture Exchange - CA34964F1099 - Common Stock - Currency: CAD

0.3  +0.04 (+17.65%)

Technical Rating and Analysis

9

Overall FOR gets a technical rating of 9 out of 10. In the last year, FOR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

In the last month FOR has a been trading in the 0.24 - 0.37 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FOR has an average volume of 29348 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that FOR is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by FOR over the past year are nicely spread over this period.
FOR is part of the Metals & Mining industry. There are 822 other stocks in this industry. FOR outperforms 77% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FOR 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.
Weekly and Daily overview Charts
FORTUNE BAY CORP / FOR Weekly stock chart
FORTUNE BAY CORP / FOR Daily stock chart
Setup Rating and Analysis

3

Although FOR 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.

Support and Resistance Analysis

0.18

0.34

5 important support areas can be observed.

  • Support @0.23 from a trend line in the weekly time frame.
  • Support @0.22 from a trend line in the daily time frame.
  • Support @0.20 from a horizontal line in the daily time frame.
  • Support @0.19 from a trend line in the weekly time frame.
  • Support @0.18 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @0.34 from a trend line in the weekly time frame.
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
CRS89.76
Mansfield1.28
10 Day High0.35
10 Day Low0.24
20 Day High0.37
20 Day Low0.24
52 Week High0.38
52 Week Low0.18
Performance
1 Week3.45%
2 Weeks-13.04%
1 Month20%
3 Month27.66%
6 Month13.21%
12 Month57.89%
2 Year20%
3 Year-54.55%
5 Year-11.76%
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)53.55
LBB0.25
UBB0.37
FORTUNE BAY CORP / FOR Daily stock chart

FORTUNE BAY CORP

TSX-V:FOR (3/6/2025, 7:00:00 PM)

0.3

+0.04 (+17.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg17.65%
1 Week3.45%
2 Weeks-13.04%
1 Month20%
3 Month27.66%
6 Month13.21%
12 Month57.89%
2 Year20%
3 Year-54.55%
5 Year-11.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.17%
ATR Inc250%
Range Today0.05
ADR(20)0.02
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.76
Mansfield1.28
10 Day High0.35
10 Day Low0.24
20 Day High0.37
20 Day Low0.24
52 Week High0.38
52 Week Low0.18
CS1 End0.23
CR1 Start0.34
Volume & EV
DER(3)0%
DER(5)0%
Volume37.52K
Volume Incr-3.61%
Vol(5)33.09K
Vol(50)29.35K