FREEGOLD VENTURES LTD (FVL.CA) Stock Technical Analysis
TSX:FVL - Toronto Stock Exchange - CA3564552048 - Common Stock - Currency: CAD
Taking everything into account, FVL scores 8 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.
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!
When comparing the yearly performance of all stocks, we notice that FVL is one of the better performing stocks in the market, outperforming 91% of all stocks.
FVL is one of the better performing stocks in the Metals & Mining industry, it outperforms 79% of 805 stocks in the same industry.
FVL 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 FVL is lagging the market slightly.
In the last month FVL has a been trading in the 1.06 - 1.37 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.
FVL 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 very little resistance above the current price. We notice that large players showed an interest for FVL 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
0.80
1.26
When analyzing the support we can see 3 important areas.
- Support @1.14 from a horizontal line in the daily time frame.
- Support @0.87 from a trend line in the weekly time frame.
- A support zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.25 from a horizontal line in the weekly time frame.
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 FVL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FVL.CA is neutral. |
| ChartMill Relative Strength | 91.2 | POSITIVE | FVL.CA has a high relative strength, it outperformed 91.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FVL.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FVL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FVL.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.86 | NEUTRAL | The RSI value for FVL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FVL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.82 | NEUTRAL | The Stochastics value for FVL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for FVL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.54 | POSITIVE | The high ADX value value for FVL.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)
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 |
|---|---|---|---|
| 1.26 | 1.13 | 0.13 (10.32%) | 9.69% |
| An entry @1.26. This is a Buy Stop order right above the resistance zone. | An exit @1.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 10.32%. | When investing 9.69% 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:FVL (7/15/2025, 7:00:00 PM)
1.22
+0.04 (+3.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.39%
1 Week-5.6%
2 Weeks-1.67%
1 Month-2.48%
3 Month11.32%
6 Month42.17%
12 Month122.64%
2 Year153.76%
3 Year136%
5 Year-30.59%
10 Year1211.11%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.02%
ATR Inc-42.47%
Range Today0.07
ADR(20)0.06
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.2
Mansfield1.84
10 Day High1.29
10 Day Low1.14
20 Day High1.37
20 Day Low1.06
52 Week High1.37
52 Week Low0.53
CS1 End1.14
CR1 Start1.25
Volume & EV
DER(3)8.98%
DER(5)-0.59%
Volume300.37K
Volume Incr-29.08%
Vol(5)235.63K
Vol(50)319.18K