Technical Analysis for FTM - Fortem Resources Inc

Grade Last Price % Change Price Change
grade F 1.5 -23.08% -0.450
FTM closed down 23.08 percent on Tuesday, May 14, 2019, on 3 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Down Down
See historical FTM trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -23.08%
Wide Bands Range Expansion -23.08%
Gapped Down Weakness -23.08%

Older signals for FTM ...

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Profile
Fortem Resources Inc. engages in the acquisition, exploration, and development of oil and gas properties in the United States and Canada. The company holds 100% working interest in the Compeer Property that comprise one productive well covering an area of 3,200 gross acres in the Compeer area of eastern Alberta; and 100% interest in the Godin property covering an area of approximately 12,960 acres located in the Godin area of Northern Alberta. It also holds 75% interest in the Black Dragon property covering an area of 165,000 acres located in the Moenkopi formation of the Carbon and Emery Counties, Utah; and 50% interest in the Rolling Rock Property covering an area of 130,942 acres located in the Mancos formation in the Southern Uinta Basin, Utah. The company was formerly known as Strongbow Resources Inc. and changed its name to Fortem Resources Inc. in March 2017. Fortem Resources Inc. was founded in 2004 and is based in Calgary, Canada.
Oil And Gas Properties Regions Of The United States Colorado Geography Of The United States Geology Of The United States Uintah Basin
Is FTM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.65
52 Week Low 1.5
Average Volume 2,894
200-Day Moving Average 0.0
50-Day Moving Average 2.8112
20-Day Moving Average 2.413
10-Day Moving Average 2.072
Average True Range 0.2121
ADX 38.51
+DI 17.2155
-DI 60.3569
Chandelier Exit (Long, 3 ATRs ) 2.4137
Chandelier Exit (Short, 3 ATRs ) 2.1363
Upper Bollinger Band 3.2078
Lower Bollinger Band 1.6182
Percent B (%b) -0.07
BandWidth 65.876502
MACD Line -0.3136
MACD Signal Line -0.2471
MACD Histogram -0.0665
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.500
Resistance 3 (R3) 1.500 1.500 1.500
Resistance 2 (R2) 1.500 1.500 1.500 1.500
Resistance 1 (R1) 1.500 1.500 1.500 1.500 1.500
Pivot Point 1.500 1.500 1.500 1.500 1.500
Support 1 (S1) 1.500 1.500 1.500 1.500 1.500
Support 2 (S2) 1.500 1.500 1.500 1.500
Support 3 (S3) 1.500 1.500 1.500
Support 4 (S4) 1.500