Technical Analysis for FSM - Fortuna Silver Mines Inc

Grade Last Price % Change Price Change
D 6.615 -0.97% -0.07
FSM closed down 1.04 percent on Friday, March 5, 2021, on approximately normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical FSM trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish -0.97%
Hammer Candlestick Bullish -0.97%
Stochastic Buy Signal Bullish -0.97%
Lizard Bullish Bullish Day Trade Setup -0.97%
Lower Bollinger Band Walk Weakness -0.97%
Below Lower BB Weakness -0.97%
Down 3 Days in a Row Weakness -0.97%
Lower Bollinger Band Touch Weakness -0.97%
Oversold Stochastic Weakness -0.97%
200 DMA Support Bullish -2.00%
Older End-of-Day Signals for FSM ...

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Profile

Fortuna Silver Mines Inc. engages in the exploration, extraction, and processing of silver and gold properties in Latin America. The company operates the Caylloma silver/lead/zinc mine, which is located to the northwest of Arequipa, Peru; and the San Jose silver/gold mine located in the central portion of the state of Oaxaca, Mexico. It sells lead, silver, zinc, gold, and silver concentrates to international metals traders. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. was incorporated in 1990 and is headquartered in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Silver
Keywords: Mining Gold Silver Zinc Mining Ssr Mining Inc.

Is FSM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 9.85
52 Week Low 1.47
Average Volume 4,322,578
200-Day Moving Average 6.60
50-Day Moving Average 7.79
20-Day Moving Average 7.53
10-Day Moving Average 7.51
Average True Range 0.56
ADX 12.17
+DI 16.68
-DI 28.38
Chandelier Exit (Long, 3 ATRs ) 6.84
Chandelier Exit (Short, 3 ATRs ) 7.93
Upper Bollinger Band 8.36
Lower Bollinger Band 6.71
Percent B (%b) -0.02
BandWidth 21.92
MACD Line -0.18
MACD Signal Line -0.06
MACD Histogram -0.1169
Fundamentals Value
Market Cap 1.23 Billion
Num Shares 184 Million
EPS 0.12
Price-to-Earnings (P/E) Ratio 55.21
Price-to-Sales 4.63
Price-to-Book 1.64
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.41
Resistance 3 (R3) 7.36 7.05 7.29
Resistance 2 (R2) 7.05 6.87 7.08 7.25
Resistance 1 (R1) 6.87 6.75 6.72 6.92 7.21
Pivot Point 6.56 6.56 6.49 6.59 6.56
Support 1 (S1) 6.38 6.38 6.23 6.44 6.15
Support 2 (S2) 6.07 6.26 6.10 6.11
Support 3 (S3) 5.89 6.07 6.07
Support 4 (S4) 5.95