Technical analysis from First Quantum Minerals (FM.TO.TO, TSE:FM.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

First Quantum Minerals
+ Share

Weighted Moving Average(5) signal continues for First Quantum Minerals indicating downward price movement is likely
Weighted Moving Average /
Weighted Moving Average(5) signal continues for First Quantum Minerals indicating downward price movement is likely

[BEARISH]: First Quantum Minerals currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -3.9%.

First Quantum Minerals: Volume Rate of Change (57)
Volume Rate of Change /
First Quantum Minerals: Volume Rate of Change (57)

FM: VROC Recent Trading -> (1) 25 May: 57.0000 (2) 24 May: 4.0000 (3) 23 May: -30.0000

Stochastic Oscillator /
Initiation of oversold signal for First Quantum Minerals [Bullish Crossover]

[BULLISH]: First Quantum Minerals is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Short Trend /
FM: Short term trend is still an Downtrend

[BEARISH]: First Quantum Minerals is in a downtrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 4

Opening Price /
First Quantum Minerals: Daily opening price is $20.46

[BEARISH]: First Quantum Minerals opening price has gapped down. Currently, the OPEN is $20.46 (-3.4 %).

Accumulation / Distribution /
First Quantum Minerals: Current trading activity signals accumulation is present

[BULLISH]: First Quantum Minerals current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 9.85522e+006.

Top companies for
Toronto Stock Exchange
Advertisment
Momentum /
Negative momentum for First Quantum Minerals is a leading indicator for continued price falls

[BEARISH]: First Quantum Minerals currently has negative momentum of -2.04 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -3.9%.The largest downward momentum rally for the last 3 months is 9 days producing a return of -7%.

Advertisment
The markets willingness to move the price is likely to continue for FM
Bill Williams Market Facilitation /
The markets willingness to move the price is likely to continue for FM

First Quantum Minerals Currently is a confirmed Fake Day. MFI indicator is up, volume is down for FM. Trend continuation possible for FM from reduced trading activity.

First Quantum Minerals: Daily volume performance is -9.0 [Downtrend]
Volume /
First Quantum Minerals: Daily volume performance is -9.0 [Downtrend]

[BEARISH]: First Quantum Minerals current volume downtrend in the first timeframe. Volume for FM is 1.87094e+006 (-9.0).

Ulcer Index /
Ulcer index has fallen as the price rises for First Quantum Minerals

[BEARISH]: First Quantum Minerals UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.274.

Three Black Crows /
First Quantum Minerals: Three Black Crows

[BEARISH]: First Quantum Minerals has formed a new Three Black Crows reversal pattern.

Percentage Price /
The current price is still gaining momentum through a rise for FM on the short term EMA.

FM: PPO Current Signal -> (1) 25 May: BULLISH (2) 24 May: BULLISH (3) 23 May: BULLISH

First Quantum Minerals continues positive divergence & potential shift in direction
Chaikin Money Flow /
First Quantum Minerals continues positive divergence & potential shift in direction

[BULLISH]: First Quantum Minerals current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.25. FM received a confirmed CMF crossover days on the Apr 26 2018. The bullish signal has been active for 1 day. During the quarter, the highest CMF value was 0.28 occurring on the Apr 26 2018.

First Quantum Minerals: Daily high price is $20.69 [Lower High]
High Price /
First Quantum Minerals: Daily high price is $20.69 [Lower High]

[BEARISH]: First Quantum Minerals current downtrend in the first timeframe. Currently, the HIGH is -2.5 %.

Rate of Change /
First Quantum Minerals: Rate of Change (14) Crossover

[BEARISH CROSSOVER]: First Quantum Minerals currently has negative rate of change of -0.349%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Price Range /
First Quantum Minerals: Range ($0.89)

[BULLISH]: First Quantum Minerals current uptrend in the first timeframe. Currently, the Range is $0.89.

Closed Window /
First Quantum Minerals: Closed Window

[BEARISH]: First Quantum Minerals has Gapped Down on previous bar.

Simple Moving Average(5) signal continues for First Quantum Minerals indicating downward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal continues for First Quantum Minerals indicating downward price movement is likely

[BEARISH]: First Quantum Minerals currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -3.9%.

Volume MACD for First Quantum Minerals continues to gain momentum @12993
MACD Volume /
Volume MACD for First Quantum Minerals continues to gain momentum @12993

FM: Volume MACD Current Signal -> (1) 25 May: BULLISH (2) 24 May: BULLISH (3) 23 May: BULLISH

First Quantum Minerals has moved below the S1 DeMark pivot point ($20.07) [Bearish]
Demarks Pivot Points /
First Quantum Minerals has moved below the S1 DeMark pivot point ($20.07) [Bearish]

First Quantum Minerals current pivot point (DeMark) is: (R1) $20.34. The current pivot point (DeMark) is: (S1) $19.45.

Long Trend /
Daily trading has maintained an Uptrend long term trend for First Quantum Minerals

[BULLISH]: First Quantum Minerals has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 18 2018.

Elders Force Index /
First Quantum Minerals: Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: First Quantum Minerals current price has highlighted recent buying pressure. Currently, the Elders Force Index is 183276.

Moving Average Envelope /
Closing price ($19.99) for FM is still below the Lower Envelope Band

[BEARISH]: First Quantum Minerals current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 20.9475.

Ease of Movement /
Price dipped caused by low volume trading for First Quantum Minerals during last trading session

FM: EOM Recent Trading -> (1) 25 May: -34.726 (2) 24 May: -3.658 (3) 23 May: -30.363

First Quantum Minerals: Range Performance (89.4)
Range Tod Vs Range Yest /
First Quantum Minerals: Range Performance (89.4)

[BEARISH]: First Quantum Minerals sellers are increasingly eager. This is the first day sellers have increasing eagerness for FM adding strength to a downtrend in the first timeframe. The biggest price range this month has been $4.5700 & the greatest daily price range this year has been $6.0400. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.8x.

[Bearish]: Trend following indicator for FM highlights downward price direction is likely
Exponential Moving Average /
[Bearish]: Trend following indicator for FM highlights downward price direction is likely

FM: EMA(5) Current Signal -> (1) 25 May: BEARISH (2) 24 May: BEARISH (3) 23 May: BEARISH CROSSOVER

Pivot Points /
First Quantum Minerals has moved below the S1 pivot point ($19.63) [Bearish]

First Quantum Minerals has broken the first support point ($19.63) [Bearish]. Look for a short limit order entry near this point. Exit price for FM should be set @$19.27 & short position stoploss for First Quantum Minerals should be set between $21.05 & $21.41

See More   See more results
Advertisment
Advertisment
back to top