(FSM) Fortuna Silver complete technical analysis [charts+indicators] | Buy/Sell Fortuna Silver | (FSM) share price targets
Complete technical analysis of Fortuna Silver (FSM) by charts plus indicators, forecast predictions and share price targets for Fortuna Silver (FSM)
Fortuna Silver trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-06-03 View latest technical analysis
10 day averaged volume of Fortuna Silver is 7787658
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 6.20 | 6.25 | 6.28 | 6.10 | 0.54 times |
| 31 Fri May 2024 | 6.24 | 6.27 | 6.32 | 6.10 | 0.835 times |
| 30 Thu May 2024 | 6.23 | 6.16 | 6.30 | 6.16 | 0.59 times |
| 29 Wed May 2024 | 6.19 | 6.15 | 6.26 | 6.11 | 0.636 times |
| 28 Tue May 2024 | 6.26 | 6.33 | 6.36 | 6.18 | 1.018 times |
| 24 Fri May 2024 | 6.08 | 5.90 | 6.14 | 5.85 | 1.183 times |
| 23 Thu May 2024 | 5.79 | 5.64 | 5.81 | 5.63 | 0.895 times |
| 22 Wed May 2024 | 5.71 | 5.75 | 5.84 | 5.63 | 0.961 times |
| 21 Tue May 2024 | 5.83 | 5.85 | 5.92 | 5.76 | 0.934 times |
| 20 Mon May 2024 | 5.92 | 5.93 | 5.99 | 5.76 | 0.904 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.1, but if it comes below 6.1, then a intra day sell could be more profitable.
If you take a sell trade below 6.1, then use 6.1 as stoploss and 5.62 as target. However if you take a buy trade in stock , then use 6.1 as stoploss and 6.7 as target.
Share price targets for Fortuna Silver (FSM)
| Target Type | Value |
| Downside Target | 2.63 |
| Downside Target | 2.71 |
| Downside Target | 3.19 |
| Downside Target | 3.72 |
| Downside Target | 4.56 |
| Downside Target | 4.69 |
| Downside Target | 4.94 |
| Downside Target | 5.05 |
| Downside Target | 5.27 |
| Downside Target | 5.63 |
| Downside Target | 5.84 |
| Downside Target | 6.10 |
| Upside Target | 6.28 |
| Upside Target | 6.36 |
Intraday share price targets for Fortuna Silver (FSM)
| Target Type | Value |
| Downside Intraday Target | 6.11 |
| Downside Intraday Target | 6.01 |
| Upside Intraday Target | 6.29 |
| Upside Intraday Target | 6.37 |
| Downside Intraday Target | 6.19 |
Weekly technical analysis of Fortuna Silver (FSM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 6.20 | 6.25 | 6.28 | 6.10 | 0.175 times |
| 31 Fri May 2024 | 6.24 | 6.33 | 6.36 | 6.10 | 0.631 times |
| 24 Fri May 2024 | 6.08 | 5.93 | 6.14 | 5.63 | 0.911 times |
| 17 Fri May 2024 | 5.84 | 5.14 | 5.84 | 5.05 | 0.986 times |
| 10 Fri May 2024 | 5.21 | 4.74 | 5.27 | 4.69 | 1.414 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fortuna Silver (FSM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 6.20 | 6.25 | 6.28 | 6.10 | 0.026 times |
| 31 Fri May 2024 | 6.24 | 4.59 | 6.36 | 4.56 | 0.988 times |
| 30 Tue Apr 2024 | 4.54 | 3.85 | 4.94 | 3.72 | 1.441 times |
| 28 Thu Mar 2024 | 3.73 | 2.74 | 3.77 | 2.71 | 1.419 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fortuna Silver (FSM)
Price action analysis of Fortuna Silver ( (FSM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Fortuna Silver stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Fortuna Silver in short term and the buy signal is strong.
Fortuna Silver Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortuna Silver in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Fortuna Silver is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.03 and Fortuna Silver (FSM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortuna Silver (FSM) stock. Volume based technical analysis of Fortuna Silver (FSM) stock is negative.
Fortuna Silver Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Fortuna Silver stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Fortuna Silver in short term and the buy signal is strong.
Fortuna Silver Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortuna Silver in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Fortuna Silver is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.03 and Fortuna Silver (FSM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fortuna Silver (FSM) stock. Volume based technical analysis of Fortuna Silver (FSM) stock is negative.
Fortuna Silver Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.