FRANCO-NEVADA CORP (FNV)

CA3518581051 - Common Stock

126.215  +2.97 (+2.41%)

Technical Rating and Analysis

6

Taking everything into account, FNV scores 6 out of 10 in our technical rating. In the last year, FNV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

72% of all other stocks performed better in the past year than FNV.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month FNV has a been trading in the 114.19 - 124.31 range, which is quite wide. It is currently trading near the high of this range.
FNV is part of the Metals & Mining industry. There are 154 other stocks in this industry, FNV did better than 41% of them.
FNV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FNV is lagging the market.
Weekly and Daily overview Charts
FNV Weekly chart
FNV Daily chart
Setup Rating and Analysis

6

FNV has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

102.76

127.48

We found 3 important support areas.

  • A support zone ranging from 120.54 to 123.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 106.99 to 108.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 103.80 to 104.86. This zone is formed by a combination of multiple trend lines in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.11
Mansfield-1.37
10 Day High124.31
10 Day Low117.28
20 Day High124.31
20 Day Low114.19
52 Week High161.25
52 Week Low102.29
Performance
1 Week0.26%
2 Weeks1.47%
1 Month0.77%
3 Month14.92%
6 Month-1.15%
12 Month-22.49%
2 Year-13.24%
3 Year-17.62%
5 Year59.67%
10 Year164.83%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)58.49
LBB117.2
UBB124.45
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
123.38120.532.85 (2.31%)25.00%
An entry @123.38. This is a Buy Stop order right above the resistance zone.An exit @120.53. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.85 points, which is 2.31%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%.

  • The distance between exit and entry is rather small compared to the average daily movement of FNV. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FNV Daily chart

FRANCO-NEVADA CORP

NYSE:FNV (5/6/2024, 1:19:37 PM)

126.215

+2.97 (+2.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.41%
1 Week0.26%
2 Weeks1.47%
1 Month0.77%
3 Month14.92%
6 Month-1.15%
12 Month-22.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.94
ATR(20)%2.56%
ATR Inc
Range Today1.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High124.31
10 Day Low117.28
20 Day High124.31
20 Day Low114.19
52 Week High161.25
52 Week Low102.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume367.91K
Volume Incr0.05%
Vol(5)691.84K
Vol(50)780.42K