FORTUNE MINERALS LTD (FT.CA) Stock Technical Analysis
TSX:FT - Toronto Stock Exchange - CA34967D1015 - Common Stock - Currency: CAD
Taking everything into account, FT scores 5 out of 10 in our technical rating. FT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month FT has a been trading in the 0.07 - 0.12 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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, FT turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
FT is an average performer in the Metals & Mining industry, it outperforms 51% of 797 stocks in the same industry.
FT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FT is lagging the market.
FT has an average technical rating and it also 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
0.05
0.09
We found 1 important support area.
- A support zone ranging from 0.05 to 0.05. 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 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for FT.CA is down. |
| ChartMill Relative Strength | 69.73 | NEUTRAL | FT.CA is not amongst the best or worst performers 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) | 41.48 | 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) | 6.67 | OVERSOLD | The low Stochastics value suggests FT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 14.33 | HIGH VOLATILITY | The high ATR as a percentage value for FT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.49 | POSITIVE | The high ADX value value for FT.CA 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)
TSX:FT (8/1/2025, 7:00:00 PM)
0.075
-0.01 (-6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.25%
1 Week-16.67%
2 Weeks-21.05%
1 Month-28.57%
3 Month0%
6 Month66.67%
12 Month36.36%
2 Year114.29%
3 Year-16.67%
5 Year0%
10 Year150%
15 Year-88.1%
Volatility
ATR(14)0.01
ATR(20)%14.33%
ATR Inc0%
Range Today0.01
ADR(20)0.01
ADR(20)%14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.73
Mansfield1.92
10 Day High0.1
10 Day Low0.08
20 Day High0.12
20 Day Low0.08
52 Week High0.12
52 Week Low0.04
CS1 End0.05
CR1 Start0.09
Volume & EV
DER(3)-86.25%
DER(5)-77.99%
Volume755.28K
Volume Incr5.02%
Vol(5)578.43K
Vol(50)514.13K