FIRST NORDIC METALS CORP (FNM.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- FNM is part of the Metals & Mining industry. There are 820 other stocks in this industry. FNM outperforms 70% of them.
- 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.
- In the last month FNM has a been trading in the 2.01 - 4.64 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, FNM did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FNM 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.
More info and screens
1.66
We found 1 important support area.
- Support @1.68 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 FNM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNM.CA is up. |
| ChartMill Relative Strength | 89.68 | POSITIVE | FNM.CA has a high relative strength, it outperformed 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNM.CA is above 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) | 83.62 | OVERBOUGHT | The high RSI value suggests FNM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FNM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.12 | OVERBOUGHT | The high Stochastics value suggests FNM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for FNM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 58.1 | POSITIVE | The high ADX value value for FNM.CA suggests a strong trend. |
TSX-V:FNM (1/30/2026, 7:00:00 PM)
3.935
-0.16 (-4.02%)
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 83.6193. This indicates that the stock is currently overbought.
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.