FOREMOST CLEAN ENERGY LTD (FMST) Stock Technical Analysis
NASDAQ:FMST - Nasdaq - CA34547F1053 - Common Stock - Currency: USD
Taking everything into account, FMST scores 8 out of 10 in our technical rating. FMST has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FMST is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 154 stocks in the same industry.
In the last month FMST has a been trading in the 0.64 - 2.85 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.
Looking at the yearly performance, FMST did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FMST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FMST is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FMST has an excellent technical rating, it does not offer a high quality setup 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
2.35
2.48
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.42 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for FMST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMST is up. |
| ChartMill Relative Strength | 96.88 | POSITIVE | FMST has a high relative strength, it outperformed 96.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FMST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.99 | OVERBOUGHT | The high RSI value suggests FMST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FMST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.09 | NEUTRAL | The Stochastics value for FMST is a neutral value. |
| Average True Range in percent/ATR (20) | 12.18 | HIGH VOLATILITY | The high ATR as a percentage value for FMST suggests high volalility. |
| Average Directional Index/ADX (14) | 54.99 | POSITIVE | The high ADX value value for FMST suggests a strong 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)
NASDAQ:FMST (5/22/2025, 9:55:06 AM)
2.37
+0.04 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.72%
1 Week33.14%
2 Weeks143.98%
1 Month238.71%
3 Month136.55%
6 Month57.43%
12 Month-9.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%12.18%
ATR Inc18.9%
Range Today0.17
ADR(20)0.27
ADR(20)%11.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.88
Mansfield1.77
10 Day High2.85
10 Day Low0.96
20 Day High2.85
20 Day Low0.64
52 Week High3.3
52 Week Low0.55
CS1 EndN/A
CR1 Start2.42
Volume & EV
DER(3)-1.91%
DER(5)-1.69%
Volume204.58K
Volume Incr164.63%
Vol(5)1.05M
Vol(50)290.38K