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Stock Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

Fortune Minerals Ltd (TSE:FT)

Countertrend Down (-85) - FT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

TSE_FT
Open High Low FT Price Change
0.115 0.115 0.110 0.110 -0.005
Entry Signal

MarketClub’s Trade Triangles for FT

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 0.130

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2022 at 0.135

short term up The short-term trend has been UP since May 19th, 2022 at 0.110

Smart Scan Analysis for FT

Based on our trend formula, FT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.115 0.115 0.110 0.110 -0.005
Prev. Close Volume Bid Ask Time
0.115 14000 2022-05-20 14:21:05
Year High0.38Year High Date2018-01-05
Year Low0.09Year Low Date2018-10-10
52wk High0.3852wk High Date2018-01-05
52wk Low0.0952wk Low Date2018-10-10
Year End Close0.5Average Volume290,243
Volatility101.5
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