FIDDLEHEAD RESOURCES CORP (FHR.CA) Stock Technical Analysis
Canada - TSX-V:FHR - CA31572D2032 - Common Stock
We assign a technical rating of 0 out of 10 to FHR. FHR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FHR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone.
More info and screens
0.10
We found 1 important support area.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.18 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for FHR.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FHR.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FHR.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FHR.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FHR.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.14 | NEUTRAL | The RSI value for FHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FHR.CA has a positive trend. |
| Stochastics (14,3) | 19.05 | OVERSOLD | The low Stochastics value suggests FHR.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for FHR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.78 | POSITIVE | The high ADX value value for FHR.CA suggests a strong trend. |
TSX-V:FHR (9/19/2025, 7:00:00 PM)
0.115
0 (0%)