FIRST NORDIC METALS CORP (FNM.CA) Stock Technical Analysis
Canada - TSX-V:FNM - CA33583M1077 - Common Stock
Overall FNM gets a technical rating of 3 out of 10. In the last year, FNM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
FNM has a poor technical rating and the quality of the setup is also not perfect 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
0.35
We found 2 important support areas.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.35 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @0.42 from a trend line in the daily time frame.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.51 from a trend line in the weekly time frame.
- Resistance @0.53 from a trend line in the daily time frame.
- Resistance @0.54 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 | NEUTRAL | NEUTRAL | The long term trend for FNM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNM.CA is down. |
| ChartMill Relative Strength | 75.24 | POSITIVE | FNM.CA has a high relative strength, it outperformed 75.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FNM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FNM.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.33 | NEUTRAL | The RSI value for FNM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FNM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.84 | OVERSOLD | The low Stochastics value suggests FNM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for FNM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for FNM.CA suggests a possible start of a new trend. |
TSX-V:FNM (11/5/2025, 7:00:00 PM)
0.42
-0.01 (-2.33%)
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 3 / 10 to FNM.CA.
What is the trend direction for FNM stock?
The current trend direction for FIRST NORDIC METALS CORP (FNM.CA) is Bearish.
Can you provide the RSI signal for FIRST NORDIC METALS CORP?
FIRST NORDIC METALS CORP (FNM.CA) has an RSI value of 38.3268. This indicates that the stock is currently neutral.
What is the short term momentum for FNM stock?
The short term momentum for FIRST NORDIC METALS CORP (FNM.CA) is negative.
What is the support and resistance level for FNM stock?
FIRST NORDIC METALS CORP (FNM.CA) has a support level at 0.41 and a resistance level at 0.42. Check the full technical report for our detailed analysis of FNM.CA support and resistance levels.