FIRST ATLANTIC NICKEL CORP (FAN.CA) Stock Technical Analysis
Canada - TSX-V:FAN - CA3186411078 - Common Stock
0.215 CAD
-0.02 (-6.52%)
We assign a technical rating of 9 out of 10 to FAN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FAN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
In the last month FAN has a been trading in the 0.13 - 0.26 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FAN did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
FAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAN is lagging the market.
FAN has an excellent technical rating, but the quality of the setup is only medium 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
0.13
0.24
We found 4 important support areas.
- Support @0.21 from a trend line in the daily time frame.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.14 from a trend line in the daily time frame.
- Support @0.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.23 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FAN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAN.CA is up. |
| ChartMill Relative Strength | 87.19 | POSITIVE | FAN.CA has a high relative strength, it outperformed 87.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FAN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for FAN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FAN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for FAN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.01 | HIGH VOLATILITY | The high ATR as a percentage value for FAN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.54 | NEUTRAL | The ADX value for FAN.CA suggests a possible start of a new trend. |
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)
TSX-V:FAN (10/17/2025, 7:00:00 PM)
0.215
-0.02 (-6.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.52%
1 Week-3.37%
2 Weeks7.5%
1 Month65.38%
3 Month7.5%
6 Month-8.51%
12 Month138.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%9.01%
ATR Inc-0.89%
Range Today0.03
ADR(20)0.02
ADR(20)%8.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.19
Mansfield-0.64
10 Day High0.26
10 Day Low0.2
20 Day High0.26
20 Day Low0.13
52 Week High0.39
52 Week Low0.09
CS1 End0.21
CR1 Start0.23
Volume & EV
DER(3)-7.43%
DER(5)-5.57%
Volume125.82K
Volume Incr-21.03%
Vol(5)286.13K
Vol(50)278.25K