FIRST NORDIC METALS CORP (FNM.CA) Stock Technical Analysis
TSX-V:FNM - TSX Venture Exchange - CA33583M1077 - Common Stock - Currency: CAD
Overall FNM gets a technical rating of 0 out of 10. FNM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FNM is a bad performer in the overall market: 85% of all stocks are doing better.
FNM is one of the lesser performing stocks in the Metals & Mining industry. 71% of 797 stocks in the same industry do better.
FNM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FNM has a been trading in the 0.35 - 0.41 range, which is quite wide. It is currently trading near the lows of this range.
FNM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.34
0.43
We found 1 important support area.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @0.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.43 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 | DOWN | NEGATIVE | The long term trend for FNM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNM.CA is down. |
| ChartMill Relative Strength | 15.48 | NEGATIVE | FNM.CA has a low relative strength, it was outperformed by 84.52% 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) | DOWN | NEGATIVE | The current price of FNM.CA is below a declining 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) | 38.71 | NEUTRAL | The RSI value for FNM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FNM.CA has a negative trend. |
| Stochastics (14,3) | 12.12 | OVERSOLD | The low Stochastics value suggests FNM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for FNM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.36 | NEGATIVE | The low ADX value for FNM.CA 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)
TSX-V:FNM (8/8/2025, 7:00:00 PM)
0.355
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-4.05%
2 Weeks-7.79%
1 Month-1.39%
3 Month-21.11%
6 Month-29%
12 Month4.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%4.89%
ATR Inc1.11%
Range Today0.02
ADR(20)0.02
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.48
Mansfield-1.93
10 Day High0.39
10 Day Low0.35
20 Day High0.41
20 Day Low0.35
52 Week High0.63
52 Week Low0.28
CS1 End0.34
CR1 Start0.36
Volume & EV
DER(3)-35.33%
DER(5)-32.13%
Volume171.50K
Volume Incr-21.95%
Vol(5)370.98K
Vol(50)416.97K