Stock Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Fortuna Silver Mines, Inc (NYSE:FSM)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FSM
The long term trend has been DOWN since Nov 15th, 2019 at 2.930
The intermediate term trend has been UP since Nov 29th, 2019 at 3.265
The short term trend has been UP since Dec 11th, 2019 at 3.340
Smart Scan Analysis for FSM
Based on a pre-defined weighted trend formula for chart analysis, FSM scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||6.08||Year High Date||2018-04-18|
|Year Low||3.16||Year Low Date||2018-11-28|
|52wk High||4.5921||52wk High Date||2019-08-07|
|52wk Low||2.39||52wk Low Date||2019-05-30|
|Year End Close||4.17||Average Volume||1,909,518|
|Shares Outstanding||128,241||Short Interest||202,394|
|% Institutional||48||Market Cap||561M|