FRANCO-NEVADA CORP (FNV) Technical Analysis
NYSE:FNV • CA3518581051
Current stock price
FNV Technical Rating and Analysis
Taking everything into account, FNV scores 4 out of 10 in our technical rating. Although FNV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month FNV has a been trading in the 219.10 - 285.67 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.
- When comparing the yearly performance of all stocks, we notice that FNV is one of the better performing stocks in the market, outperforming 86% of all stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- FNV is part of the Metals & Mining industry. There are 159 other stocks in this industry, FNV did better than 48% of them.
- FNV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FNV is lagging the market slightly.
FNV Weekly and Daily overview Charts
FNV Setup Rating and Analysis
FNV 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
FNV Support and Resistance Analysis
192.90
We found 3 important support areas.
- A support zone ranging from 221.80 to 222.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @205.77 from a trend line in the daily time frame.
- Support @194.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 251.26 to 254.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
FNV 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 | NEUTRAL | NEUTRAL | The long term trend for FNV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNV is down. |
| ChartMill Relative Strength | 86.16 | POSITIVE | FNV has a high relative strength, it outperformed 86.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FNV is below 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) | 30.61 | NEUTRAL | The RSI value for FNV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.27 | NEGATIVE | The MACD value suggests FNV has a negative trend. |
| Stochastics (14,3) | 6.13 | OVERSOLD | The low Stochastics value suggests FNV may be oversold. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for FNV suggests high volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for FNV suggests a possible start of a new trend. |
FNV Chart- and CandleStick Pattern Analysis
FNV Technicals: Chart, Performance Metrics, Trend & Indicators
222.54
-8.51 (-3.68%)
FRANCO-NEVADA CORP / FNV TA FAQ
Can you provide the ChartMill technical rating for FRANCO-NEVADA CORP?
ChartMill assigns a technical rating of 4 / 10 to FNV.
Can you provide the trend direction for FRANCO-NEVADA CORP?
The current trend direction for FRANCO-NEVADA CORP (FNV) is Bearish.
What is the RSI signal for FNV stock?
FRANCO-NEVADA CORP (FNV) has an RSI value of 30.6123. This indicates that the stock is currently neutral.
What is the support and resistance level for FNV stock?
FRANCO-NEVADA CORP (FNV) has a support level at 222.53 and a resistance level at 251.26. Check the full technical report for our detailed analysis of FNV support and resistance levels.