FUERTE METALS CORP (FMT.CA) Stock Technical Analysis
Canada - TSX-V:FMT - CA35958L1013 - Common Stock
We assign a technical rating of 8 out of 10 to FMT. In the last year, FMT was one of the better performers, but we do observe some doubts in the very recent evolution.
Although FMT 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.
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1.69
We found 3 important support areas.
- Support @3.12 from a horizontal line in the weekly time frame.
- Support @2.95 from a horizontal line in the daily time frame.
- Support @1.71 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.14 to 3.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.38 from a trend line in the daily time frame.
- Resistance @3.59 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 FMT.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMT.CA is neutral. |
| ChartMill Relative Strength | 96.3 | POSITIVE | FMT.CA has a high relative strength, it outperformed 96.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMT.CA is below a declining 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) | 48.88 | NEUTRAL | The RSI value for FMT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FMT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.17 | NEUTRAL | The Stochastics value for FMT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for FMT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for FMT.CA suggests a weak or negative trend. |
TSX-V:FMT (10/31/2025, 7:00:00 PM)
3.13
+0.03 (+0.97%)
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 8 / 10 to FMT.CA.
What is the trend direction for FMT stock?
The current trend direction for FUERTE METALS CORP (FMT.CA) is Bullish.
Can you provide the RSI signal for FUERTE METALS CORP?
FUERTE METALS CORP (FMT.CA) has an RSI value of 48.8818. This indicates that the stock is currently neutral.
What is the MACD signal for FUERTE METALS CORP (FMT.CA) stock?
The MACD indicator for FUERTE METALS CORP (FMT.CA) has a value of -0.0849138, indicating a bearish trend.
Can you provide the support and resistance levels for FUERTE METALS CORP?
FUERTE METALS CORP (FMT.CA) has a support level at 3.12 and a resistance level at 3.14. Check the full technical report for our detailed analysis of FMT.CA support and resistance levels.