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(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.

10 day averaged volume of Fortuna Silver is 2850770

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 7.33 7.23 7.39 7.19 0.683 times
08 Thu Apr 2021 7.47 7.15 7.49 7.11 1.12 times
07 Wed Apr 2021 6.95 7.10 7.10 6.91 0.599 times
06 Tue Apr 2021 7.10 6.78 7.21 6.76 1.12 times
05 Mon Apr 2021 6.72 6.76 6.87 6.65 0.575 times
01 Thu Apr 2021 6.75 6.58 6.79 6.56 0.625 times
31 Wed Mar 2021 6.47 6.08 6.53 6.05 1.131 times
30 Tue Mar 2021 6.01 6.05 6.13 5.89 1.618 times
29 Mon Mar 2021 6.29 6.65 6.66 6.19 1.689 times
26 Fri Mar 2021 6.68 6.63 6.69 6.53 0.692 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 7.4 as stoploss in an intra day sell trade for a target of 6.93. However, stock will show a bullish move above 7.4.

Share price targets for Fortuna Silver (FSM)

Target Type Value
Downside Target 5.89
Downside Target 6.26
Downside Target 6.52
Downside Target 6.79
Downside Target 6.94
Downside Target 7.11
Upside Target 7.49
Upside Target 7.68
Upside Target 7.77
Upside Target 8.39
Upside Target 9.69
Upside Target 9.85

Intraday share price targets for Fortuna Silver (FSM)

Target Type Value
Downside Intraday Target 6.82
Downside Intraday Target 6.32
Upside Intraday Target 7.66
Upside Intraday Target 8
Downside Intraday Target 7.16

Weekly technical analysis of Fortuna Silver (FSM)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 7.33 6.76 7.49 6.65 0.809 times
01 Thu Apr 2021 6.75 6.65 6.79 5.89 1.24 times
26 Fri Mar 2021 6.68 7.24 7.37 6.37 0.861 times
19 Fri Mar 2021 7.26 7.27 7.68 7.11 0.93 times
12 Fri Mar 2021 7.20 6.68 7.25 6.52 0.886 times

Price has moved up 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
09 Fri Apr 2021 7.33 6.58 7.49 6.56 0.176 times
31 Wed Mar 2021 6.47 7.63 7.77 5.89 0.944 times
26 Fri Feb 2021 7.53 9.36 9.85 6.94 0.866 times
29 Fri Jan 2021 7.78 8.73 9.69 6.57 1.406 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 39, 22, 27 Buy
MACD -0, -0Buy
Stochastics 90Buy
CCI 110Sell
RSI 63Buy
OBV -7310000Sell
VWAP 7Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortuna Silver ( (FSM) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Fortuna Silver stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Fortuna Silver in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red 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 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 6.68 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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