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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Fortune Minerals Ltd (TSE:FT)
Bull Market Weakness (+75) - FT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FT
The long-term trend has been DOWN since Oct 3rd, 2024 at 0.050
The intermediate-term trend has been UP since Oct 21st, 2024 at 0.055
The short-term trend has been UP since Oct 11th, 2024 at 0.050
Smart Scan Analysis for FT
Based on our trend formula, FT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.055 | 0.055 | 0.050 | 0.055 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.060 | 187932 | 2024-10-22 15:23:07 |
| Year High | 0.38 | Year High Date | 2018-01-05 |
| Year Low | 0.09 | Year Low Date | 2018-10-10 |
| 52wk High | 0.38 | 52wk High Date | 2018-01-05 |
| 52wk Low | 0.09 | 52wk Low Date | 2018-10-10 |
| Year End Close | 0.5 | Average Volume | 290,243 |
| Volatility | 101.5 |