FIRST NORDIC METALS CORP (FNM.CA) Technical Analysis
TSX-V:FNM • CA33583M1077
Current stock price
FNM.CA Technical Rating and Analysis
Taking everything into account, FNM scores 6 out of 10 in our technical rating. In the last year, FNM was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month FNM has a been trading in the 3.13 - 4.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- FNM is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 798 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, FNM did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- FNM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FNM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
FNM.CA Weekly and Daily overview Charts
FNM.CA Setup Rating and Analysis
FNM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FNM.CA Support and Resistance Analysis
1.88
2 important support areas can be observed.
- A support zone ranging from 2.06 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.90 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.24 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FNM.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for FNM.CA is down. |
| ChartMill Relative Strength | 89.08 | POSITIVE | FNM.CA has a high relative strength, it outperformed 89.08% 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 | POSITIVE | The current price of FNM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.69 | NEUTRAL | The RSI value for FNM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests FNM.CA has a negative trend. |
| Stochastics (14,3) | 8.32 | OVERSOLD | The low Stochastics value suggests FNM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for FNM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for FNM.CA suggests a strong trend. |
FNM.CA Chart- and CandleStick Pattern Analysis
FNM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:FNM (3/13/2026, 7:00:00 PM)
3.23
-0.17 (-5%)
FIRST NORDIC METALS CORP / FNM.CA TA FAQ
Can you provide the ChartMill technical rating for FIRST NORDIC METALS CORP?
ChartMill assigns a technical rating of 6 / 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.
What is the RSI signal for FNM stock?
FIRST NORDIC METALS CORP (FNM.CA) has an RSI value of 35.6898. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST NORDIC METALS CORP (FNM.CA) stock?
The MACD indicator for FIRST NORDIC METALS CORP (FNM.CA) has a value of -0.130579, indicating a bearish trend.
Can you provide the support and resistance levels for FIRST NORDIC METALS CORP?
FIRST NORDIC METALS CORP (FNM.CA) has a support level at 2.07 and a resistance level at 3.24. Check the full technical report for our detailed analysis of FNM.CA support and resistance levels.