Technical Analysis for FM - First Quantum Minerals Ltd.

Grade Last Price % Change Price Change
C 18.360 -0.70% -0.130
FM closed down 0.7 percent on Wednesday, May 8, 2024, on 73 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 9
*** please verify all earnings dates ***
13 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Slingshot Bullish Bullish Swing Setup -0.70%
NR7 Range Contraction -0.70%
NR7-2 Range Contraction -0.70%
Overbought Stochastic Strength -0.70%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 6 hours ago
Possible NR7 about 6 hours ago
Down 3% about 8 hours ago
Down 2% about 9 hours ago
Gap Down Partially Closed about 10 hours ago

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Profile

First Quantum Minerals Ltd. Description

First Quantum Minerals Ltd. is engaged in the production of copper, nickel, gold, zinc and acid, and related activities, including exploration and development. The Company's segments include individual mine development projects or mine operations and the Corporate & other segment. The Corporate & other segment is responsible for the evaluation and acquisition of mineral properties, regulatory reporting, treasury and finance and corporate administration. It also includes its metal marketing division. Its mines are located in Zambia, Australia, Finland, Turkey, Spain and Mauritania. It operates six mines, namely the Kansanshi copper-gold mine, the Guelb Moghrein copper-gold mine, the Las Cruces copper mine, the Pyhasalmi copper-zinc mine, the Ravensthorpe nickel-cobalt mine and the Cayeli copper-zinc mine. It is developing the Cobre Panama copper project in Panama, exploring the Haquira copper deposit in Peru and the Taca Taca copper-gold-molybdenum deposit in Argentina.


Classification

Sector: Basic Materials
Industry: Copper
Keywords: Mining Mineral Gold Metal Mineral Properties Copper Minerals Zinc Marketing Mines Nickel Cobalt S&P/Tsx 60 Index Molybdenum Pain Spain Copper Mining In The Democratic Republic Of The Congo Zambia First Quantum Minerals Mauritania

Is FM 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 39.13
52 Week Low 9.31
Average Volume 3,322,178
200-Day Moving Average 20.328
50-Day Moving Average 15.171
20-Day Moving Average 16.660
10-Day Moving Average 17.743
Average True Range 0.969
RSI (14) 64.66
ADX 33.08
+DI 27.848
-DI 12.372
Chandelier Exit (Long, 3 ATRs) 16.182
Chandelier Exit (Short, 3 ATRs) 17.258
Upper Bollinger Bands 19.163
Lower Bollinger Band 14.156
Percent B (%b) 0.84
BandWidth 30.055
MACD Line 0.950
MACD Signal Line 0.819
MACD Histogram 0.1308
Fundamentals Value
Market Cap 12.66 Billion
Num Shares 689 Million
EPS 0.37
Price-to-Earnings (P/E) Ratio 49.62
Price-to-Sales 2.17
Price-to-Book 1.16
PEG Ratio -9.80
Dividend 0.01
Dividend Yield 0.05%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.328
Resistance 3 (R3) 19.262 18.873 19.166
Resistance 2 (R2) 18.873 18.627 18.906 19.112
Resistance 1 (R1) 18.617 18.475 18.745 18.683 19.059
Pivot Point 18.228 18.228 18.293 18.261 18.228
Support 1 (S1) 17.972 17.982 18.100 18.038 17.661
Support 2 (S2) 17.583 17.830 17.616 17.608
Support 3 (S3) 17.327 17.583 17.554
Support 4 (S4) 17.393