(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 2024-08-02 View latest technical analysis
10 day averaged volume of Fortuna Silver is 4079860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 4.40 | 4.66 | 4.71 | 4.35 | 1.254 times |
| 01 Thu Aug 2024 | 4.62 | 4.86 | 4.87 | 4.55 | 1.003 times |
| 31 Wed Jul 2024 | 4.83 | 4.76 | 4.88 | 4.72 | 1.087 times |
| 30 Tue Jul 2024 | 4.68 | 4.70 | 4.76 | 4.62 | 0.809 times |
| 29 Mon Jul 2024 | 4.65 | 4.68 | 4.72 | 4.56 | 0.954 times |
| 26 Fri Jul 2024 | 4.66 | 4.72 | 4.76 | 4.59 | 0.945 times |
| 25 Thu Jul 2024 | 4.64 | 4.68 | 4.74 | 4.60 | 1.698 times |
| 24 Wed Jul 2024 | 4.90 | 5.11 | 5.14 | 4.88 | 1.325 times |
| 23 Tue Jul 2024 | 5.07 | 5.03 | 5.09 | 5.00 | 0.647 times |
| 22 Mon Jul 2024 | 5.04 | 5.00 | 5.07 | 4.91 | 0.806 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.3, for a target of 4.7 or 4.97
Share price targets for Fortuna Silver (FSM)
| Target Type | Value |
| Downside Target | 3.72 |
| Downside Target | 4.35 |
| Upside Target | 4.56 |
| Upside Target | 4.80 |
| Upside Target | 5.02 |
| Upside Target | 5.14 |
| Upside Target | 5.24 |
| Upside Target | 5.46 |
| Upside Target | 5.47 |
| Upside Target | 6.28 |
| Upside Target | 6.36 |
Intraday share price targets for Fortuna Silver (FSM)
| Target Type | Value |
| Downside Intraday Target | 4.21 |
| Downside Intraday Target | 4.01 |
| Upside Intraday Target | 4.74 |
| Upside Intraday Target | 5.07 |
| Upside Intraday Target | 4.54 |
Weekly technical analysis of Fortuna Silver (FSM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 4.40 | 4.68 | 4.88 | 4.35 | 0.942 times |
| 26 Fri Jul 2024 | 4.66 | 5.00 | 5.14 | 4.59 | 1.102 times |
| 19 Fri Jul 2024 | 5.02 | 5.33 | 5.46 | 4.85 | 0.672 times |
| 12 Fri Jul 2024 | 5.33 | 4.96 | 5.47 | 4.92 | 2.043 times |
| 05 Fri Jul 2024 | 5.02 | 5.04 | 5.24 | 5.02 | 1.055 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 |
| 02 Fri Aug 2024 | 4.40 | 4.86 | 4.87 | 4.35 | 0.082 times |
| 31 Wed Jul 2024 | 4.83 | 4.94 | 5.47 | 4.56 | 0.682 times |
| 28 Fri Jun 2024 | 4.89 | 6.25 | 6.28 | 4.80 | 1.001 times |
| 31 Fri May 2024 | 6.24 | 4.59 | 6.36 | 4.56 | 0.988 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 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 short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Fortuna Silver stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Fortuna Silver in short term and the sell signal is strong.
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 red color and prices are below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 4.72 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 negative.
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 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 short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Fortuna Silver stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Fortuna Silver in short term and the sell signal is strong.
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 red color and prices are below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 4.72 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.