FRESNILLO PLC (FRES.L) Stock Technical Analysis
LON:FRES - London Exchange - GB00B2QPKJ12 - Common Stock - Currency: GBX
Overall FRES gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
FRES is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, FRES did better than 99% of all other stocks. We also observe that the gains produced by FRES over the past year are nicely spread over this period.
A new 52 week high is currently being made by FRES, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
Although FRES 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
513.22
1,546.31
We found 3 important support areas.
- A support zone ranging from 1393.99 to 1429.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1101.78 from a trend line in the daily time frame.
- Support @518.40 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for FRES.L is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRES.L is neutral. |
| ChartMill Relative Strength | 99.29 | POSITIVE | FRES.L has a high relative strength, it outperformed 99.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FRES.L is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRES.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRES.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.85 | NEUTRAL | The RSI value for FRES.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -10.55 | NEGATIVE | The MACD value suggests FRES.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.11 | NEUTRAL | The Stochastics value for FRES.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for FRES.L suggests some volalility. |
| Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for FRES.L 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)
LON:FRES (8/5/2025, 3:52:22 PM)
1531
+97 (+6.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.76%
1 Week2.87%
2 Weeks-4.21%
1 Month-3.95%
3 Month35.16%
6 Month87.45%
12 Month168.92%
2 Year148.83%
3 Year108.73%
5 Year13.76%
10 Year131.1%
15 Year31.56%
Volatility
ATR(14)50.5
ATR(20)%3.71%
ATR Inc44.57%
Range Today97
ADR(20)49.5
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.29
Mansfield5.01
10 Day High1500
10 Day Low1370
20 Day High1565
20 Day Low1370
52 Week High1565
52 Week Low502.75
CS1 End1429.3
CR1 StartN/A
Volume & EV
DER(3)4.21%
DER(5)2.69%
Volume733.72K
Volume Incr-27.35%
Vol(5)327.27K
Vol(50)448.36K