Technical Analysis for FTMDF - Fortune Minerals Ltd

Grade Last Price % Change Price Change
grade C 0.0599 2.92% 0.0017
FTMDF closed up 2.92 percent on Tuesday, January 21, 2020, on 2.06 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical FTMDF trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Bullish Engulfing Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
20 DMA Resistance Bearish 2.92%
50 DMA Resistance Bearish 2.92%
MACD Bearish Centerline Cross Bearish 2.92%
Fell Below 20 DMA Bearish 6.58%
Fell Below 50 DMA Bearish 6.58%
MACD Bearish Signal Line Cross Bearish 6.58%
180 Bearish Setup Bearish Swing Setup 6.58%
Older signals for FTMDF ...

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Profile

Fortune Minerals Limited is a North American development stage mining company and past producer. Fortune is currently focused on advancing the vertically integrated NICO gold-cobalt-bismuth-copper project, comprised of a proposed mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery that the Company plans to construct in Saskatchewan. The products that will be produced at the refinery include cobalt chemicals used to make high performance rechargeable batteries, bismuth metals and chemicals, as well as gold. With all of its assets located in North America, Fortune is positioned to become a reliable producer of these products that are critical to a growing world economy and otherwise subject to supply chain risks from political and/or policy uncertainty and concentration of supply. Fortune also owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the Northwest Territories, and maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia that were previously purchased by a British Columbia Crown corporation.
Chemistry Chemical Elements Chemicals Cobalt Extractive Industries Transparency Initiative Products Bismuth

Is FTMDF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.1146
52 Week Low 0.0511
Average Volume 77,874
200-Day Moving Average 0.0684
50-Day Moving Average 0.0589
20-Day Moving Average 0.0602
10-Day Moving Average 0.0596
Average True Range 0.0072
ADX 23.34
+DI 20.0000
-DI 10.9804
Chandelier Exit (Long, 3 ATRs ) 0.0494
Chandelier Exit (Short, 3 ATRs ) 0.0734
Upper Bollinger Band 0.0683
Lower Bollinger Band 0.0521
Percent B (%b) 0.48
BandWidth 26.9103
MACD Line 0.0000
MACD Signal Line 0.0003
MACD Histogram -0.0003
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0712
Resistance 3 (R3) 0.0713 0.0676 0.0693
Resistance 2 (R2) 0.0676 0.0648 0.0676 0.0686
Resistance 1 (R1) 0.0638 0.0630 0.0657 0.0637 0.0680
Pivot Point 0.0601 0.0601 0.0611 0.0601 0.0601
Support 1 (S1) 0.0563 0.0573 0.0582 0.0562 0.0518
Support 2 (S2) 0.0526 0.0555 0.0526 0.0512
Support 3 (S3) 0.0488 0.0526 0.0505
Support 4 (S4) 0.0487