FIRST QUANTUM MINERALS LTD (FM.CA) Stock Technical Analysis
Canada - TSX:FM - CA3359341052 - Common Stock
Overall FM gets a technical rating of 9 out of 10. In the last year, FM was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, FM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
18.32
When analyzing the support we can see 5 important areas.
- A support zone ranging from 29.40 to 29.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.91 from a trend line in the weekly time frame.
- Support @26.33 from a trend line in the daily time frame.
- Support @24.26 from a trend line in the daily time frame.
- Support @18.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @32.97 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 | NEUTRAL | NEUTRAL | The short term trend for FM.CA is neutral. |
| ChartMill Relative Strength | 81.78 | POSITIVE | FM.CA has a high relative strength, it outperformed 81.78% 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) | 45.93 | NEUTRAL | The RSI value for FM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests FM.CA has a negative trend. |
| Stochastics (14,3) | 29.37 | NEUTRAL | The Stochastics value for FM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for FM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.26 | POSITIVE | The high ADX value value for FM.CA suggests a strong trend. |
TSX:FM (10/30/2025, 7:00:00 PM)
29.41
-1.1 (-3.61%)
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 9 / 10 to FM.CA.
What is the trend direction for FM stock?
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 45.9264. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST QUANTUM MINERALS LTD (FM.CA) stock?
The short term momentum for FIRST QUANTUM MINERALS LTD (FM.CA) is neutral.
Can you provide the support and resistance levels for FIRST QUANTUM MINERALS LTD?
FIRST QUANTUM MINERALS LTD (FM.CA) has a support level at 29.4 and a resistance level at 32.97. Check the full technical report for our detailed analysis of FM.CA support and resistance levels.