FORAN MINING CORPORATION (FOM.CA)
CA3449112018 - Common Stock
We assign a technical rating of 5 out of 10 to FOM. In the past year, FOM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
FOM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FOM is performing more or less in line with the market.
In the last month FOM has a been trading in the 3.83 - 4.37 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, FOM outperforms 60% of them, which is more or less in line with the market.
FOM is part of the Metals & Mining industry. There are 859 other stocks in this industry, FOM did better than 62% of them.
Although the technical rating is only medium, FOM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.25, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.66
4.44
We found 3 important support areas.
- A support zone ranging from 3.97 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.80 to 3.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.70 to 3.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @4.29 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.39 to 4.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.17
Mansfield0.11
10 Day High4.37
10 Day Low4.01
20 Day High4.37
20 Day Low3.83
52 Week High4.56
52 Week Low3.02
Performance
1 Week1.67%
2 Weeks0.24%
1 Month5.71%
3 Month1.91%
6 Month4.41%
12 Month7.04%
2 Year87.67%
3 Year197.9%
5 Year1231.25%
10 Year2030%
15 Year5225%
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
RSI(14)57.2
LBB4.09
UBB4.31
FORAN MINING CORPORATION
TSX-V:FOM (4/18/2024, 6:00:00 PM)
4.26
+0.04 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.95%
1 Week1.67%
2 Weeks0.24%
1 Month5.71%
3 Month1.91%
6 Month4.41%
12 Month7.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%3.24%
ATR Inc
Range Today0.08
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 High4.37
10 Day Low4.01
20 Day High4.37
20 Day Low3.83
52 Week High4.56
52 Week Low3.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume449.56K
Volume Incr-22.33%
Vol(5)324.25K
Vol(50)380.20K