FORTUNA MINING CORP (FVI.CA) Stock Technical Analysis
TSX:FVI - Toronto Stock Exchange - CA3499421020 - Common Stock - Currency: CAD
Overall FVI gets a technical rating of 5 out of 10. FVI 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FVI has an average volume of 1020950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FVI is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
FVI is an average performer in the Metals & Mining industry, it outperforms 60% of 801 stocks in the same industry.
FVI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FVI is lagging the market slightly.
In the last month FVI has a been trading in the 7.32 - 8.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FVI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.62, a Stop Loss order could be placed below this zone.
More info and screens
6.02
9.16
5 important support areas can be observed.
- A support zone ranging from 7.40 to 7.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.83 from a trend line in the weekly time frame.
- Support @6.54 from a trend line in the weekly time frame.
- Support @6.43 from a trend line in the daily time frame.
- Support @6.08 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.30 to 8.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.02 to 9.07. 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 FVI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FVI.CA is neutral. |
| ChartMill Relative Strength | 76.21 | POSITIVE | FVI.CA has a high relative strength, it outperformed 76.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FVI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FVI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FVI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.19 | NEUTRAL | The RSI value for FVI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FVI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.83 | NEUTRAL | The Stochastics value for FVI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for FVI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for FVI.CA suggests a weak or negative 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:FVI (5/22/2025, 7:00:00 PM)
8.04
-0.09 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.11%
1 Week6.49%
2 Weeks-5.85%
1 Month-5.08%
3 Month28.03%
6 Month15.35%
12 Month-3.25%
2 Year78.67%
3 Year92.81%
5 Year30.1%
10 Year68.55%
15 Year279.25%
Volatility
ATR(14)0.39
ATR(20)%4.52%
ATR Inc-34.2%
Range Today0.24
ADR(20)0.33
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.21
Mansfield0.93
10 Day High8.46
10 Day Low7.32
20 Day High8.64
20 Day Low7.32
52 Week High9.36
52 Week Low5.62
CS1 End7.62
CR1 Start8.3
Volume & EV
DER(3)2.77%
DER(5)2.01%
Volume565.10K
Volume Incr-11.09%
Vol(5)839.44K
Vol(50)1.02M