FUERTE METALS CORP (FMT.CA) Stock Technical Analysis
TSX-V:FMT • CA35958L1013
Taking everything into account, FMT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FMT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FMT is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by FMT over the past year are nicely spread over this period.
- FMT is part of the Metals & Mining industry. There are 800 other stocks in this industry. FMT outperforms 97% of them.
- FMT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FMT has a been trading in the 6.31 - 8.70 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.
Although FMT 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
4.79
4 important support areas can be observed.
- A support zone ranging from 8.19 to 8.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.32 from a trend line in the daily time frame.
- Support @6.16 from a trend line in the daily time frame.
- Support @4.84 from a trend line in the weekly 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 FMT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMT.CA is up. |
| ChartMill Relative Strength | 98.74 | POSITIVE | FMT.CA has a high relative strength, it outperformed 98.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.64 | NEUTRAL | The RSI value for FMT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FMT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.04 | OVERBOUGHT | The high Stochastics value suggests FMT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for FMT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.72 | POSITIVE | The high ADX value value for FMT.CA suggests a strong trend. |
TSX-V:FMT (2/18/2026, 7:00:00 PM)
8.2
-0.1 (-1.2%)
FUERTE METALS CORP / FMT.CA FAQ
What is the ChartMill technical rating of FUERTE METALS CORP (FMT.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to FMT.CA.
Can you provide the trend direction for FUERTE METALS CORP?
The current trend direction for FUERTE METALS CORP (FMT.CA) is Bullish.
What is the RSI signal for FUERTE METALS CORP (FMT.CA) stock?
FUERTE METALS CORP (FMT.CA) has an RSI value of 65.6426. This indicates that the stock is currently neutral.
What is the short term momentum for FMT stock?
The short term momentum for FUERTE METALS CORP (FMT.CA) is positive.
What is the support and resistance level for FMT stock?
FUERTE METALS CORP (FMT.CA) has a support level at 8.19. Check the full technical report for our detailed analysis of FMT.CA support and resistance levels.