FORTUNE BAY CORP (FOR.CA) Stock Technical Analysis
TSX-V:FOR - TSX Venture Exchange - CA34964F1099 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to FOR. FOR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
FOR is part of the Metals & Mining industry. There are 797 other stocks in this industry. FOR outperforms 83% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, FOR did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOR is lagging the market.
In the last month FOR has a been trading in the 0.49 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FOR has an average technical rating and it also does not offer a high quality setup 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
0.55
0.61
We found 1 important support area.
- Support @0.56 from a horizontal line in the daily time frame.
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 FOR.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOR.CA is down. |
| ChartMill Relative Strength | 92.38 | POSITIVE | FOR.CA has a high relative strength, it outperformed 92.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOR.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FOR.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for FOR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FOR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.56 | NEUTRAL | The Stochastics value for FOR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for FOR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.76 | NEUTRAL | The ADX value for FOR.CA suggests a possible start of a new 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:FOR (7/11/2025, 7:00:00 PM)
0.6
+0.04 (+7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.14%
1 Week-7.69%
2 Weeks-11.76%
1 Month-13.04%
3 Month1.69%
6 Month160.87%
12 Month155.32%
2 Year233.33%
3 Year71.43%
5 Year-60%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%9.46%
ATR Inc-11.89%
Range Today0.01
ADR(20)0.04
ADR(20)%6.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.38
Mansfield5.08
10 Day High0.7
10 Day Low0.5
20 Day High0.79
20 Day Low0.5
52 Week High0.79
52 Week Low0.18
CS1 End0.56
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume2.00K
Volume Incr-2.85%
Vol(5)36.77K
Vol(50)46.50K