FORTUNE MINERALS LTD (FT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FT - CA34967D1015 - Common Stock
Taking everything into account, FT scores 7 out of 10 in our technical rating. FT 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.
FT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
0.05
3 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.05 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.10 to 0.10. 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 FT.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FT.CA is neutral. |
| ChartMill Relative Strength | 82.18 | POSITIVE | FT.CA has a high relative strength, it outperformed 82.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FT.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.17 | NEUTRAL | The RSI value for FT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FT.CA has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests FT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.85 | HIGH VOLATILITY | The high ATR as a percentage value for FT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for FT.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.10 | 0.08 | 0.02 (23.86%) | 4.19% |
| An entry @0.10. This is a Buy Stop order right above the 10 day moving average. | An exit @0.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.02 points, which is 23.86%. | When investing 4.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:FT (11/26/2025, 7:00:00 PM)
0.085
0 (-5.56%)
FORTUNE MINERALS LTD / FT.CA FAQ
What is the technical rating for FT stock?
ChartMill assigns a technical rating of 7 / 10 to FT.CA.
What is the trend direction for FT stock?
The current trend direction for FORTUNE MINERALS LTD (FT.CA) is Bullish.
What is the RSI signal for FT stock?
FORTUNE MINERALS LTD (FT.CA) has an RSI value of 44.1667. This indicates that the stock is currently neutral.
What is the support and resistance level for FT stock?
FORTUNE MINERALS LTD (FT.CA) has a support level at 0.08 and a resistance level at 0.09. Check the full technical report for our detailed analysis of FT.CA support and resistance levels.