FIRST NORDIC METALS CORP (FNM.CA) Technical Analysis
TSX-V:FNM • CA33583M1077
We assign a technical rating of 9 out of 10 to FNM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FNM is showing a nice and steady performance.
- In the last month FNM has a been trading in the 3.63 - 4.37 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are positive. This is a very positive sign.
- FNM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FNM is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that FNM is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- FNM is an average performer in the Metals & Mining industry, it outperforms 64% of 816 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
Although FNM has an excellent technical rating, the quality of the presented setup is not ideal 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
2.01
When analyzing the support we notice one important area.
- A support zone ranging from 2.03 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.89 to 3.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.23 to 4.23. 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 | UP | POSITIVE | The long term trend for FNM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNM.CA is up. |
| ChartMill Relative Strength | 87.07 | POSITIVE | FNM.CA has a high relative strength, it outperformed 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FNM.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.64 | NEUTRAL | The RSI value for FNM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FNM.CA has a negative trend. |
| Stochastics (14,3) | 48.4 | NEUTRAL | The Stochastics value for FNM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for FNM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.39 | POSITIVE | The high ADX value value for FNM.CA suggests a strong trend. |
FNM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:FNM (3/5/2026, 7:00:00 PM)
3.79
-0.15 (-3.81%)
FIRST NORDIC METALS CORP / FNM.CA FAQ
Can you provide the ChartMill technical rating for FIRST NORDIC METALS CORP?
ChartMill assigns a technical rating of 9 / 10 to FNM.CA.
What is the current trend direction of FIRST NORDIC METALS CORP (FNM.CA) stock?
The current trend direction for FIRST NORDIC METALS CORP (FNM.CA) is Bullish.
Can you provide the RSI signal for FIRST NORDIC METALS CORP?
FIRST NORDIC METALS CORP (FNM.CA) has an RSI value of 53.6363. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST NORDIC METALS CORP (FNM.CA) stock?
The short term momentum for FIRST NORDIC METALS CORP (FNM.CA) is positive.
What is the buy/sell signal for FNM stock?
The buy/sell signal for FIRST NORDIC METALS CORP (FNM.CA) is buy as both the short term and long term trends are positive.