FIRST QUANTUM MINERALS LTD (FM.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:FM • CA3359341052
Taking everything into account, FM scores 7 out of 10 in our technical rating. In the last year, FM was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month FM has a been trading in the 35.07 - 45.17 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, FM did better than 79% of all other stocks. We also observe that the gains produced by FM over the past year are nicely spread over this period.
- FM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FM is lagging the market slightly.
- FM has an average volume of 2238090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- FM is part of the Metals & Mining industry. There are 814 other stocks in this industry, FM did better than 45% of them.
- Volume is considerably higher in the last couple of days.
Although FM 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
31.68
We found 3 important support areas.
- A support zone ranging from 35.57 to 36.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.06 from a trend line in the weekly time frame.
- A support zone ranging from 32.00 to 32.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @41.92 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 | UP | POSITIVE | The long term trend for FM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FM.CA is down. |
| ChartMill Relative Strength | 79.65 | POSITIVE | FM.CA has a high relative strength, it outperformed 79.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.43 | NEUTRAL | The RSI value for FM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.75 | NEGATIVE | The MACD value suggests FM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.66 | OVERSOLD | The low Stochastics value suggests FM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for FM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for FM.CA suggests a possible start of a new trend. |
TSX:FM (2/6/2026, 7:00:00 PM)
37.36
+1.78 (+5%)
FIRST QUANTUM MINERALS LTD / FM.CA FAQ
Can you provide the ChartMill technical rating for FIRST QUANTUM MINERALS LTD?
ChartMill assigns a technical rating of 7 / 10 to FM.CA.
Can you provide the trend direction for FIRST QUANTUM MINERALS LTD?
The current trend direction for FIRST QUANTUM MINERALS LTD (FM.CA) is Bullish.
What is the RSI signal for FIRST QUANTUM MINERALS LTD (FM.CA) stock?
FIRST QUANTUM MINERALS LTD (FM.CA) has an RSI value of 45.428. This indicates that the stock is currently neutral.
What is the short term momentum for FM stock?
The short term momentum for FIRST QUANTUM MINERALS LTD (FM.CA) is negative.
Can you provide the buy/sell signal for FIRST QUANTUM MINERALS LTD?
The buy/sell signal for FIRST QUANTUM MINERALS LTD (FM.CA) is hold as the short term and long term trends are mixed.