FRANCO-NEVADA CORP (FNV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FNV - CA3518581051 - Common Stock
We assign a technical rating of 10 out of 10 to FNV. Both in the recent history as in the last year, FNV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although FNV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
154.01
We found 5 important support areas.
- A support zone ranging from 193.69 to 198.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 183.96 to 186.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @176.36 from a trend line in the weekly time frame.
- Support @169.71 from a trend line in the daily time frame.
- Support @155.57 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 220.19 to 222.92. 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 FNV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNV is up. |
| ChartMill Relative Strength | 91.86 | POSITIVE | FNV has a high relative strength, it outperformed 91.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.97 | NEUTRAL | The RSI value for FNV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.09 | POSITIVE | The MACD value suggests FNV has a positive trend. |
| Stochastics (14,3) | 96.06 | OVERBOUGHT | The high Stochastics value suggests FNV may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for FNV suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for FNV suggests a weak or negative trend. |
209.84
+2.48 (+1.2%)
FRANCO-NEVADA CORP / FNV FAQ
Can you provide the ChartMill technical rating for FRANCO-NEVADA CORP?
ChartMill assigns a technical rating of 10 / 10 to FNV.
What is the current trend direction of FRANCO-NEVADA CORP (FNV) stock?
The current trend direction for FRANCO-NEVADA CORP (FNV) is Bullish.
What is the RSI signal for FNV stock?
FRANCO-NEVADA CORP (FNV) has an RSI value of 64.9716. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FRANCO-NEVADA CORP?
The buy/sell signal for FRANCO-NEVADA CORP (FNV) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for FRANCO-NEVADA CORP (FNV) stock?
FRANCO-NEVADA CORP (FNV) has a support level at 198.31 and a resistance level at 220.19. Check the full technical report for our detailed analysis of FNV support and resistance levels.