FORAN MINING CORPORATION (FOM.CA) Stock Technical Analysis
Canada - TSX-V:FOM - CA3449112018 - Common Stock
3.83 CAD
+0.06 (+1.59%)
Taking everything into account, FOM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FOM is only an average performer.
FOM is part of the Metals & Mining industry. There are 818 other stocks in this industry, of which 70% are performing better than FOM.
The long and short term trends are both positive. This is looking good!
In the last month FOM has a been trading in the 3.13 - 4.03 range, which is quite wide. It is currently trading near the high of this range.
FOM has an average volume of 1422690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FOM outperforms 48% of them, which is more or less in line with the market.
FOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOM is lagging the market.
FOM has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
3.79
3.94
We found 1 important resistance area.
- A resistance zone ranging from 3.84 to 3.90. 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 FOM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOM.CA is up. |
| ChartMill Relative Strength | 48.78 | NEUTRAL | FOM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOM.CA is above the rising 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) | DOWN | MIXED | The current price of FOM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.33 | OVERBOUGHT | The high RSI value suggests FOM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FOM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.16 | NEUTRAL | The Stochastics value for FOM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for FOM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 59.29 | POSITIVE | The high ADX value value for FOM.CA suggests a strong trend. |
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)
TSX-V:FOM (10/3/2025, 7:00:00 PM)
3.83
+0.06 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.59%
1 Week4.64%
2 Weeks14.33%
1 Month22.76%
3 Month27.67%
6 Month28.09%
12 Month-7.49%
2 Year-11.55%
3 Year76.5%
5 Year2293.75%
10 Year3381.82%
15 Year325.56%
Volatility
ATR(14)0.16
ATR(20)%3.97%
ATR Inc-38.73%
Range Today0.07
ADR(20)0.14
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.78
Mansfield-0.49
10 Day High4.03
10 Day Low3.34
20 Day High4.03
20 Day Low3.13
52 Week High4.69
52 Week Low2.47
CS1 EndN/A
CR1 Start3.84
Volume & EV
DER(3)-4.51%
DER(5)-3.18%
Volume1.07M
Volume Incr-4.8%
Vol(5)1.77M
Vol(50)1.42M