FORTUNE MINERALS LTD (FT.CA) Stock Technical Analysis
TSX:FT • CA34967D1015
Overall FT 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, FT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FT is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by FT over the past year are nicely spread over this period.
- FT 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 FT is lagging the market slightly.
- In the last month FT has a been trading in the 0.10 - 0.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- FT is an average performer in the Metals & Mining industry, it outperforms 68% of 802 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FT 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
0.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.13 to 0.13. 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 | UP | POSITIVE | The short term trend for FT.CA is up. |
| ChartMill Relative Strength | 88.86 | POSITIVE | FT.CA has a high relative strength, it outperformed 88.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FT.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FT.CA is above 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) | 54.16 | 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) | 80.56 | OVERBOUGHT | The high Stochastics value suggests FT.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for FT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.29 | POSITIVE | The high ADX value value for FT.CA suggests a strong 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 |
|---|---|---|---|
| 0.14 | 0.11 | 0.04 (25.00%) | 4.00% |
| An entry @0.14. This is a Buy Stop order right above the resistance zone. | An exit @0.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 25.00%. | For a 1.00% total portfolio risk, you can invest 4.00% 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.
TSX:FT (2/24/2026, 7:00:00 PM)
0.12
0 (0%)
FORTUNE MINERALS LTD / FT.CA FAQ
What is the technical rating for FT stock?
ChartMill assigns a technical rating of 10 / 10 to FT.CA.
Can you provide the trend direction for FORTUNE MINERALS LTD?
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 54.1629. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FORTUNE MINERALS LTD?
The MACD indicator for FORTUNE MINERALS LTD (FT.CA) has a value of -0.000401295, indicating a bearish trend.
What is the short term momentum for FORTUNE MINERALS LTD (FT.CA) stock?
The short term momentum for FORTUNE MINERALS LTD (FT.CA) is positive.