FORTUNA MINING CORP (FSM) Stock Technical Analysis
NYSE:FSM - New York Stock Exchange, Inc. - CA3499421020 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to FSM. In the last year, FSM 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FSM is part of the Metals & Mining industry. There are 150 other stocks in this industry. FSM outperforms 81% of them.
In the last month FSM has a been trading in the 4.19 - 5.30 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.
FSM has an average volume of 10299800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, FSM did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
FSM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FSM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FSM has an excellent technical rating, it does not present a decent entry opportunity 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
4.10
5.52
When analyzing the support we can see 2 important areas.
- Support @4.35 from a trend line in the weekly time frame.
- Support @4.14 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @5.22 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.43 to 5.47. This zone is formed by a combination of multiple trend lines 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
CRS92.4
Mansfield0.39
10 Day High5.3
10 Day Low4.24
20 Day High5.3
20 Day Low4.19
52 Week High6.36
52 Week Low2.63
Performance
1 Week15.52%
2 Weeks21.16%
1 Month16.04%
3 Month9%
6 Month20.05%
12 Month79.66%
2 Year61.3%
3 Year40.81%
5 Year76.61%
10 Year15.78%
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)0.11
RSI(14)68.68
LBB3.93
UBB5.29
FORTUNA MINING CORP
NYSE:FSM (2/4/2025, 8:04:00 PM)
After market: 5.2098 0 (0%)5.21
+0.06 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.17%
1 Week15.52%
2 Weeks21.16%
1 Month16.04%
3 Month9%
6 Month20.05%
12 Month79.66%
2 Year61.3%
3 Year40.81%
5 Year76.61%
10 Year15.78%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%4.34%
ATR Inc-18.02%
Range Today0.14
ADR(20)0.21
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield0.39
10 Day High5.3
10 Day Low4.24
20 Day High5.3
20 Day Low4.19
52 Week High6.36
52 Week Low2.63
CS1 End4.35
CR1 Start5.22
Volume & EV
DER(3)3.04%
DER(5)2.99%
Volume17.60M
Volume Incr67.01%
Vol(5)17.66M
Vol(50)10.30M