FOREMOST CLEAN ENERGY LTD (FMST) Stock Technical Analysis
NASDAQ:FMST - Nasdaq - CA34547F1053 - Common Stock - Currency: USD
Overall FMST gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month FMST has a been trading in the 2.45 - 3.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FMST is one of the better performing stocks in the Metals & Mining industry, it outperforms 96% of 154 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, FMST did better than 97% 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 currently trading near new highs, so FMST is lagging the market.
Considerably lower volume is observed in the last couple of days.
FMST has an average technical rating and it also 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
2.46
2.50
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 FMST is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMST is down. |
| ChartMill Relative Strength | 97.56 | POSITIVE | FMST has a high relative strength, it outperformed 97.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FMST is below 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) | 39.34 | NEUTRAL | The RSI value for FMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FMST has a negative trend. |
| Stochastics (14,3) | 5.55 | OVERSOLD | The low Stochastics value suggests FMST may be oversold. |
| Average True Range in percent/ATR (20) | 13.91 | HIGH VOLATILITY | The high ATR as a percentage value for FMST suggests high volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for FMST 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)
2.48
-0.25 (-9.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-9.16%
1 Week-22.26%
2 Weeks-25.08%
1 Month-32.43%
3 Month259.47%
6 Month77.14%
12 Month-14.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%13.91%
ATR Inc-3.03%
Range Today0.34
ADR(20)0.33
ADR(20)%13.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.56
Mansfield1.29
10 Day High3.38
10 Day Low2.45
20 Day High3.95
20 Day Low2.45
52 Week High5.74
52 Week Low0.55
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.83%
DER(5)-10.3%
Volume435.03K
Volume Incr-43.73%
Vol(5)357.17K
Vol(50)971.78K