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Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
Fortune Minerals Ltd (TSE:FT)
Bear Market Rally (-75) - FT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FT as it may be in the beginning 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 Apr 25th, 2022 at 0.130
The intermediate-term trend has been DOWN since Aug 29th, 2023 at 0.040
The short-term trend has been UP since Sep 13th, 2023 at 0.035
Smart Scan Analysis for FT
Based on our trend formula, FT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.035 | 0.035 | 0.035 | 0.035 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.040 | 15950 | 2023-09-20 12:41:12 |
| 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 |