(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 2024-06-07 View latest technical analysis
10 day averaged volume of Fortuna Silver is 10901660
Date | Daily Closing Price | Open | High | Low | Volume |
07 Fri Jun 2024 | 4.97 | 5.08 | 5.12 | 4.97 | 0.935 times |
06 Thu Jun 2024 | 5.29 | 5.11 | 5.37 | 5.04 | 2.444 times |
05 Wed Jun 2024 | 5.07 | 5.31 | 5.34 | 4.82 | 2.854 times |
04 Tue Jun 2024 | 5.91 | 6.07 | 6.08 | 5.86 | 0.632 times |
03 Mon Jun 2024 | 6.20 | 6.25 | 6.28 | 6.10 | 0.386 times |
31 Fri May 2024 | 6.24 | 6.27 | 6.32 | 6.10 | 0.596 times |
30 Thu May 2024 | 6.23 | 6.16 | 6.30 | 6.16 | 0.422 times |
29 Wed May 2024 | 6.19 | 6.15 | 6.26 | 6.11 | 0.454 times |
28 Tue May 2024 | 6.26 | 6.33 | 6.36 | 6.18 | 0.727 times |
24 Fri May 2024 | 6.08 | 5.90 | 6.14 | 5.85 | 0.845 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.3, but if it comes above 5.3, then a intra day buy could be more profitable.
If you take a sell trade below 5.3, then use 5.3 as stoploss and 4.7 as target. However if you take a buy trade in stock , then use 5.3 as stoploss and 5.69 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 | 4.82 |
Downside Target | 4.94 |
Upside Target | 5.05 |
Upside Target | 5.27 |
Upside Target | 5.63 |
Upside Target | 5.84 |
Upside 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 | 4.43 |
Downside Intraday Target | 3.9 |
Upside Intraday Target | 5.89 |
Upside Intraday Target | 6.82 |
Upside Intraday Target | 5.36 |
Weekly technical analysis of Fortuna Silver (FSM)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Fri Jun 2024 | 4.97 | 6.25 | 6.28 | 4.82 | 3.296 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fortuna Silver (FSM)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Fri Jun 2024 | 4.97 | 6.25 | 6.28 | 4.82 | 0.481 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortuna Silver in short term but the sell signal is initial and weak.
Fortuna Silver Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortuna Silver in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 5.54 and Fortuna Silver (FSM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fortuna Silver ( (FSM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fortuna Silver in short term but the sell signal is initial and weak.
Fortuna Silver Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Fortuna Silver in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 5.54 and Fortuna Silver (FSM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.