FORTUNE MINERALS LTD (FT.CA) Technical Analysis
TSX:FT • CA34967D1015
Current stock price
FT.CA Technical Rating and Analysis
Taking everything into account, FT scores 6 out of 10 in our technical rating. 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.
- In the last month FT has a been trading in the 0.10 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, FT did better than 85% of all other stocks. On top of that, FT also shows a nice and consistent pattern of rising prices.
- FT 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 FT is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- FT is part of the Metals & Mining industry. There are 804 other stocks in this industry, FT did better than 66% of them.
FT.CA Weekly and Daily overview Charts
FT.CA Setup Rating and Analysis
FT has an average technical rating and also the quality of the setup is only medium 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
FT.CA Support and Resistance Analysis
0.09
2 important support areas can be observed.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.09 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance 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 resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.13 from a horizontal line in the daily time frame.
FT.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for FT.CA is down. |
| ChartMill Relative Strength | 85.98 | POSITIVE | FT.CA has a high relative strength, it outperformed 85.98% 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) | DOWN | NEGATIVE | The current price of FT.CA is below a declining 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) | 37.72 | 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) | 31.11 | NEUTRAL | The Stochastics value for FT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for FT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.38 | NEUTRAL | The ADX value for FT.CA suggests a possible start of a new trend. |
FT.CA Chart- and CandleStick Pattern Analysis
FT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:FT (3/24/2026, 7:00:00 PM)
0.105
-0.01 (-4.55%)
FORTUNE MINERALS LTD / FT.CA TA FAQ
What is the technical rating for FT stock?
ChartMill assigns a technical rating of 6 / 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 37.7199. 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 -0.00210958, 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 negative.