FORTUNA MINING CORP (FSM) Stock Technical Analysis
USA - NYSE:FSM - CA3499421020 - Common Stock
8.13 USD
+0.19 (+2.39%)
Overall FSM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FSM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FSM is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, FSM also shows a nice and consistent pattern of rising prices.
FSM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FSM is lagging the market slightly.
FSM has an average volume of 14325800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FSM is an average performer in the Metals & Mining industry, it outperforms 57% of 156 stocks in the same industry.
In the last month FSM has a been trading in the 7.06 - 8.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FSM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for FSM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.12
8.21
We found 7 important support areas.
- Support @6.92 from a horizontal line in the daily time frame.
- Support @6.74 from a trend line in the daily time frame.
- Support @6.36 from a horizontal line in the daily time frame.
- Support @6.24 from a horizontal line in the daily time frame.
- Support @5.18 from a trend line in the weekly time frame.
- Support @4.42 from a trend line in the weekly time frame.
- Support @4.16 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 FSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSM is up. |
| ChartMill Relative Strength | 88.16 | POSITIVE | FSM has a high relative strength, it outperformed 88.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.51 | NEUTRAL | The RSI value for FSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FSM has a negative trend. |
| Stochastics (14,3) | 42.59 | NEUTRAL | The Stochastics value for FSM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for FSM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.8 | POSITIVE | The high ADX value value for FSM 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.65 | 7.58 | 1.07 (12.37%) | 8.08% |
| An entry @8.65. This is a Buy Stop order right above the 10 day high. | An exit @7.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.07 points, which is 12.37%. | For a 1.00% total portfolio risk, you can invest 8.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:FSM (9/19/2025, 1:52:07 PM)
8.13
+0.19 (+2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.39%
1 Week-5.81%
2 Weeks4.2%
1 Month11.99%
3 Month19.4%
6 Month35.49%
12 Month61.71%
2 Year191.91%
3 Year215.08%
5 Year24.84%
10 Year264.22%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.05%
ATR Inc-12.17%
Range Today0.23
ADR(20)0.32
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.16
Mansfield2.51
10 Day High8.64
10 Day Low7.59
20 Day High8.64
20 Day Low7.06
52 Week High8.64
52 Week Low4.13
CS1 End6.92
CR1 StartN/A
Volume & EV
DER(3)4.67%
DER(5)2.45%
Volume15.42M
Volume Incr30.65%
Vol(5)20.56M
Vol(50)14.33M