Technical Analysis for FOM - Foran Mining Corporation

Grade Last Price % Change Price Change
B 4.320 4.85% 0.200
FOM closed up 4.85 percent on Tuesday, November 19, 2024, on 1.47 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
50 DMA Resistance Bearish 4.85%
200 DMA Support Bullish 4.85%
Lower Bollinger Band Walk Weakness 4.85%
Lower Bollinger Band Touch Weakness 4.85%
Oversold Stochastic Weakness 4.85%
50 DMA Resistance Bearish 6.67%

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Profile

Foran Mining Corporation Description

Foran Mining Corporation is a Canada-based company, which is engaged in the acquisition, exploration and development of mineral properties. The Company has approximately six properties in Saskatchewan consisting of a total of over 50 claims for over 43,560 hectares, located between 12 and 90 kilometers west of Flin Flon, Manitoba. Its Saskatchewan properties include McIlvenna Bay Property, which is located over 60 kilometers west of Flin Flon, in east central Saskatchewan; Bigstone Property, which consists of over 10 claims totaling approximately 16,120 hectares; Balsam Property, which consists of over seven claims totaling approximately 4,070 hectares; Hanson Property, which includes over two claims totaling approximately 2,560 hectares; Sam Property, which includes over four contiguous claims totaling approximately 1,530 hectares, and Comeback Bay Property, which includes over two claims totaling approximately 180 hectares. It also holds interest in Reed Lake Property in Manitoba.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Mineral Properties Stone Political Geography Flin Flon Borders

Is FOM 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 4.69
52 Week Low 3.43
Average Volume 483,150
200-Day Moving Average 4.039
50-Day Moving Average 4.131
20-Day Moving Average 4.340
10-Day Moving Average 4.225
Average True Range 0.170
RSI (14) 53.49
ADX 23.78
+DI 24.343
-DI 23.239
Chandelier Exit (Long, 3 ATRs) 4.181
Chandelier Exit (Short, 3 ATRs) 4.469
Upper Bollinger Bands 4.677
Lower Bollinger Band 4.003
Percent B (%b) 0.47
BandWidth 15.544
MACD Line -0.010
MACD Signal Line 0.028
MACD Histogram -0.0373
Fundamentals Value
Market Cap 604.54 Million
Num Shares 140 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -1080.00
Price-to-Sales 0.00
Price-to-Book 1.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.605
Resistance 3 (R3) 4.580 4.460 4.558
Resistance 2 (R2) 4.460 4.387 4.473 4.542
Resistance 1 (R1) 4.390 4.343 4.425 4.415 4.526
Pivot Point 4.270 4.270 4.288 4.283 4.270
Support 1 (S1) 4.200 4.197 4.235 4.225 4.114
Support 2 (S2) 4.080 4.153 4.093 4.098
Support 3 (S3) 4.010 4.080 4.083
Support 4 (S4) 4.035