FOREMOST CLEAN ENERGY LTD (FMSTW) Stock Technical Analysis
NASDAQ:FMSTW - Nasdaq - - Currency: USD
Taking everything into account, FMSTW scores 6 out of 10 in our technical rating. 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.
Warning: FMSTW has an average volume of 14618 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, FMSTW did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FMSTW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FMSTW is lagging the market.
In the last month FMSTW has a been trading in the 0.33 - 0.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FMSTW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FMSTW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.36
0.38
We found 1 important support area.
- A support zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for FMSTW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMSTW is neutral. |
| ChartMill Relative Strength | 93.91 | POSITIVE | FMSTW has a high relative strength, it outperformed 93.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FMSTW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FMSTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMSTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.37 | NEUTRAL | The RSI value for FMSTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FMSTW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.56 | NEUTRAL | The Stochastics value for FMSTW is a neutral value. |
| Average True Range in percent/ATR (20) | 19.29 | HIGH VOLATILITY | The high ATR as a percentage value for FMSTW suggests high volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for FMSTW suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.39 | 0.35 | 0.04 (10.03%) | 9.97% |
| An entry @0.39. This is a Buy Stop order right above the resistance zone. | An exit @0.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 10.03%. | For a 1.00% total portfolio risk, you can invest 9.97% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FMSTW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FMSTW (8/8/2025, 8:00:00 PM)
0.37
-0.1 (-21.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-21.28%
1 Week2.29%
2 Weeks-1.39%
1 Month6.32%
3 Month135.67%
6 Month54.17%
12 Month-7.5%
2 Year-49.32%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%19.29%
ATR Inc19.6%
Range Today0.08
ADR(20)0.07
ADR(20)%18.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.91
Mansfield-1.14
10 Day High0.48
10 Day Low0.36
20 Day High0.49
20 Day Low0.33
52 Week High1.02
52 Week Low0.04
CS1 End0.36
CR1 Start0.38
Volume & EV
DER(3)-4.15%
DER(5)3.73%
Volume6.50K
Volume Incr-45.51%
Vol(5)5.16K
Vol(50)14.62K