FREDONIA MINING INC (FRED.CA) Technical Analysis
TSX-V:FRED • CA3560634048
Overall FRED gets a technical rating of 10 out of 10. FRED has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that FRED is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, FRED also shows a nice and consistent pattern of rising prices.
- FRED is one of the better performing stocks in the Metals & Mining industry, it outperforms 92% of 815 stocks in the same industry.
- FRED 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 FRED is performing more or less in line with the market.
- In the last month FRED has a been trading in the 0.31 - 0.70 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FRED has an excellent technical rating, it 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
0.32
When analyzing the support we notice one important area.
- Support @0.32 from a trend 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 FRED.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRED.CA is up. |
| ChartMill Relative Strength | 97.25 | POSITIVE | FRED.CA has a high relative strength, it outperformed 97.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRED.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRED.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRED.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.5 | OVERBOUGHT | The high RSI value suggests FRED.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FRED.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.74 | NEUTRAL | The Stochastics value for FRED.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.12 | HIGH VOLATILITY | The high ATR as a percentage value for FRED.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.69 | NEUTRAL | The ADX value for FRED.CA suggests a possible start of a new trend. |
FRED.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:FRED (3/6/2026, 7:00:00 PM)
0.57
0 (0%)
FREDONIA MINING INC / FRED.CA FAQ
Can you provide the ChartMill technical rating for FREDONIA MINING INC?
ChartMill assigns a technical rating of 10 / 10 to FRED.CA.
What is the trend direction for FRED stock?
The current trend direction for FREDONIA MINING INC (FRED.CA) is Bearish.
What is the RSI signal for FREDONIA MINING INC (FRED.CA) stock?
FREDONIA MINING INC (FRED.CA) has an RSI value of 70.4973. This indicates that the stock is currently overbought.
Can you provide the MACD signal for FREDONIA MINING INC?
The MACD indicator for FREDONIA MINING INC (FRED.CA) has a value of 0.0290571, indicating a bearish trend.
Can you provide the short term momentum for FREDONIA MINING INC?
The short term momentum for FREDONIA MINING INC (FRED.CA) is positive.