FORAN MINING CORPORATION (FOM.CA) Stock Technical Analysis
TSX-V:FOM • CA3449112018
Overall FOM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FOM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, FOM did better than 80% of all other stocks.
- FOM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FOM has a been trading in the 5.50 - 7.39 range, which is quite wide. It is currently trading near the high of this range.
- FOM has an average volume of 2569610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FOM is an average performer in the Metals & Mining industry, it outperforms 47% of 802 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
FOM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.84
4 important support areas can be observed.
- A support zone ranging from 6.95 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.64 to 6.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.22 from a trend line in the daily time frame.
- A support zone ranging from 5.90 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages 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 FOM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOM.CA is up. |
| ChartMill Relative Strength | 80.68 | POSITIVE | FOM.CA has a high relative strength, it outperformed 80.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FOM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FOM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.82 | NEUTRAL | The RSI value for FOM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FOM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.51 | NEUTRAL | The Stochastics value for FOM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.77 | HIGH VOLATILITY | The high ATR as a percentage value for FOM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.77 | POSITIVE | The high ADX value value for FOM.CA suggests a strong trend. |
TSX-V:FOM (2/25/2026, 7:00:00 PM)
7
+0.1 (+1.45%)
FORAN MINING CORPORATION / FOM.CA FAQ
What is the ChartMill technical rating of FORAN MINING CORPORATION (FOM.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to FOM.CA.
What is the current trend direction of FORAN MINING CORPORATION (FOM.CA) stock?
The current trend direction for FORAN MINING CORPORATION (FOM.CA) is Bullish.
What is the RSI signal for FORAN MINING CORPORATION (FOM.CA) stock?
FORAN MINING CORPORATION (FOM.CA) has an RSI value of 57.8152. This indicates that the stock is currently neutral.
What is the short term momentum for FOM stock?
The short term momentum for FORAN MINING CORPORATION (FOM.CA) is positive.
What is the buy/sell signal for FOM stock?
The buy/sell signal for FORAN MINING CORPORATION (FOM.CA) is buy as both the short term and long term trends are positive.